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… Read More 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. Read Less
Property listed by Avenue Realty Group, Jonathan Rawson 310-310-8624
Listing Snapshot
Days Online
372
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,087
Lot Size
0.3 Acres
Year Built
1950
MLS Number
23330081
30 Days Snapshot Of 90045
$1,596k
-17%
(avg) sold price
16
-40%
homes sold
61
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Building area total: 2,087, Levels: MultiSplit, Living area: 2087, 2 buildings
Heating
WallFurnace
Income
Gross income: $75,240, Net operating income: $50,660
Lot
0.2969 acres, 12,931 square feet, Size: 12,931
Parking
3 totals parking, Assigned, DoorSingle, Garage
Property
Zoning: LAR3
Tenant Pays
Electricity, Gas, TrashCollection
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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