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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,150,000

Est. payment - /mo

4 Beds

3 Baths

2,087 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,087 sqft

Price per Sqft $551

MLS Listing ID 23330081

Bedrooms 4

HOA Y/N No

Year Built 1950

Lot Size 0.297 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C29 - Westchester

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Assigned, Door-Single, Garage

Total Parking Spaces 3

Building

Story 1

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4103022001

Special Listing Condition Standard

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Listed by Jonathan Rawson Avenue Realty Group #02010400

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

5400 Thornburn ST Los Angeles, CA 90045

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information