This is a unique opportunity to buy a triplex in high-in-demand Westchester, with 2 of 3 units delivered vacant. Located on a large 12,929 SF lot that's zoned LAR3, there's even more development potential as the Seller owns and is selling 1.49 acres of vacant land located directly behind 5400 Thornburn Street for $850,000. The triplex and vacant land can be sold together or separate, and Seller Financing may be available for both. Tenants are centrally located near the 405 Freeway Entrance/Exits and Metro Lines, and just minutes away from SoFi Stadium, Intuit Dome, Hollywood Park Casion, The Forum, Playa Vista, Kenneth Hahn, and much more. The next owner can consider doing a lot line adjustment between the triplex and vacant land to connect the two and create a large parcel assemblage for re-development. There are 3 on-site garages that can be explored converting into a large ADU to turn the triplex into 4 units and add substantial income. Tenants pay for gas, electricity and trash, and Landlord pays for water & sewer.
Under contract
$1,150,000
5400 Thornburn St, Los Angeles, CA 90045
4beds
3baths
2,087sqft
:
Get pre-qualified$7,626/mo
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$551/sqft
$-- HOA
What's special
Large aduIntuit domePlaya vista
- 995 days |
- 16 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan Rawson DRE # 02010400 310-869-9137,
Avenue Realty Group 310-433-4293
Source: CLAW,MLS#: 23-330081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall
Cooling
- Ceiling Fan(s)
Interior area
- Total structure area: 2,087
- Total interior livable area: 2,087 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Garage - 1 Car, Garage Is Attached
- Has attached garage: Yes
Features
- Levels: Multi/Split
- Stories: 1
Lot
- Size: 0.3 Acres
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 4103022001
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1950
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $551/sqft
- Tax assessed value: $1,059,739
- Annual tax amount: $13,579
- Date on market: 11/8/2023
- Tenant pays: Gas, Electricity, Trash Collection
Estimated market value
Not available
Estimated sales range
Not available
$4,244/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2023 | Contingent | $1,150,000$551/sqft |
Source:  CLAW #23-330081 Report a problem | ||
| 11/8/2023 | Listed for sale | $1,150,000+27.8%$551/sqft |
Source: CLAW #23-330081 Report a problem | ||
| 12/16/2016 | Sold | $900,000$431/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,579 +0.8% | $1,102,550 +2% |
| 2024 | $13,468 +1.9% | $1,080,932 +2% |
| 2023 | $13,215 +4.8% | $1,059,739 +2% |
| 2022 | $12,612 +1.3% | $1,038,961 +2% |
| 2021 | $12,454 -1% | $1,018,590 +1% |
| 2020 | $12,580 | $1,008,147 +2% |
| 2019 | $12,580 +5.4% | $988,380 +2% |
| 2018 | $11,938 | $969,000 +2% |
| 2017 | $11,938 +2.2% | $950,000 +1073.9% |
| 2016 | $11,682 +811.5% | $80,925 +1.5% |
| 2015 | $1,282 -1.3% | $79,710 +2% |
| 2014 | $1,298 | $78,150 +2.5% |
| 2012 | -- | $76,274 +2% |
| 2011 | -- | $74,779 +0.8% |
| 2010 | -- | $74,221 -0.2% |
| 2009 | -- | $74,398 +4% |
| 2007 | -- | $71,511 +2% |
| 2005 | -- | $70,109 +4% |
| 2004 | -- | $67,389 +1.9% |
| 2003 | -- | $66,155 +2% |
| 2002 | -- | $64,859 +4% |
| 2000 | -- | $62,342 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Westchester
Nearby schools
GreatSchools rating
- 5/10Westport Heights Elementary SchoolGrades: K-5Distance: 0.8 mi
- 2/10Orville Wright Engineering And Design MagnetGrades: 6-8Distance: 1.7 mi
- 5/10Westchester Enriched Sciences Magnet Health/Sports MedicineGrades: 9-12Distance: 3.2 mi
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- $1,400,0008 bd6 ba4.7k sqft5401 Thornburn St, Los Angeles, CA 90045Sold
A local agent can set up tours, give advice and negotiate with sellers.
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