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Backup Offers

5400 Thornburn St, Los Angeles, CA, 90045

$1,150,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Baths
2,087 SqFt
$551/SqFt
House

Location

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5400 Thornburn St, Los Angeles$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Door-Single, Garage
Attached GarageYes
Year Built1950
HeatingWall Furnace
MLS #23330081
Lot Size0.30 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5400 Thornburn St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,087 SqFt

Listing Office:

  • Office Name: Avenue Realty Group
  • Office Phone: (310) 310-8624
  • Listing Agent: Jonathan Rawson

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: South of La Tijera, North of La Cienega, East of 405

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $551/SqFt

Tax Information:

  • Annual Amount: $12,454
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5400 Thornburn St vs Los Angeles

379 DAYS ON ROCKET

+341 Days

$1,150,000

+$126.5K More

$551/SqFt

-$90 Less

KEY TAKEAWAY

This property is $126.5K more than the Median Sold Price and $90/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23330081

Listing Office:

  • Office Name: Avenue Realty Group
  • Office Phone: (310) 310-8624
  • Listing Agent: Jonathan Rawson

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2016Home Sold
$900,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,454$1,018,590
2020$12,087$1,008,147
2019$11,937$988,380
2018$11,682$969,000
2017$11,682$950,000

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-479525
7
/10

  • Open Charter Magnet

  • 5540 W 77th St

  • 0.27 miles

  • Public Charter Grades KG-5

school-card-donut-479526
4
/10

  • Highland Elementary School

  • 430 Venice Way

  • 0.69 miles

  • Public District Grades KG-6

school-card-donut-479527
4
/10

  • Westport Heights Elementary School

  • 6011 W 79th St

  • 0.86 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,088. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5400 Thornburn St

What is the listing price of this property?

The listing price of 5400 Thornburn St property is $1,150,000.

What type of property is this?

The property 5400 Thornburn St is a house located in Los Angeles, California, 90045.

Is this property for sale now?

Accepting Backup Offers: 5400 Thornburn St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,454 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 16, 2016 for $900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5400 Thornburn St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5400 Thornburn St is 2,087 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5400 Thornburn St is 1950.

Rocket Homes›California›Los Angeles County›Los Angeles›90045›5400 Thornburn St

This home is located at 5400 Thornburn St in Los Angeles, CA and zip code 90045 in the Westchester neighborhood. This 2,087 square foot home, which was built in 1950, sits on a 0.30 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $1,150,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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