5503 Thornburn Street, Los Angeles, CA 90045
- $1,195,000
- 5
- BD
- 3
- BA
- 2,726
- SqFt
- List Price
- $1,195,000
- Price Change
- ▼ $100,000 1774477260
- Status
- ACTIVE
- MLS#
- 25608899
- Year Built
- 1952
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 2,726
- Lot Size
- 7,235
- Acres
- 0.17
- Days on Market
- 285
- Property Type
- Multifamily
- Stories
- One Level
Property Description
We are proud to present 5503 Thornburn St, a 3-unit apartment community located in the Westchester neighborhood. The building consists of (2) two-bedroom units and (1) one-bedroom unit, with garage parking provided for all units. Situated on an approximately 7,235 SF LAR3-zoned lot, the building totals about 2,726 SF and is ideally positioned for a value-add investor seeking strong in-place income with long-term redevelopment potential. The property is currently 100% occupied with below-market rents, offering a new owner the opportunity to renovate units, increase rents, or pursue a ground-up development. Centrally located in Westchester, the property benefits from proximity to major employment and lifestyle hubs including Playa Vista, SoFi Stadium, LAX, El Segundo, and Culver City, making it a prime location for sustained rental demand and future growth. Contact the listing broker for additional information.
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Additional Information
- Garage Spaces Total
- 3
- Attached Structure
- Attached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.