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.
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
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: 11/14/2024, 12:20:58 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
DATE
EVENT
PRICE
Dec 16, 2016
Dec 16, 2016Home Sold
$900,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Open Charter Magnet
5540 W 77th St
Distance between this listing and this school0.27 miles
Public Charter Grades KG-5
4
/10
Highland Elementary School
430 Venice Way
Distance between this listing and this school0.69 miles
Public District Grades KG-6
4
/10
Westport Heights Elementary School
6011 W 79th St
Distance between this listing and this school0.86 miles
Public District Grades KG-5
Nearby Schools
5
/10
La Tijera K-8 Charter School Academy of Excellence
1415 N La Tijera Blvd
Distance between this listing and this school0.75 miles
Public Charter Grades KG-8
2
/10
Frank D. Parent Elementary School
5354 W 64th St
Distance between this listing and this school0.75 miles
Public District Grades KG-8
8
/10
Wilder's Preparatory Academy Charter Middle School
830 N La Brea Ave
Distance between this listing and this school1.03 miles
Public Charter Grades 6-8
Nearby Schools
7
/10
City Honors International Preparatory High School
120 W Regent St
Distance between this listing and this school1.19 miles
Public Charter Grades 9-12
2
/10
Inglewood Continuation High School
441 W Hillcrest Blvd
Distance between this listing and this school1.22 miles
Public District Grades 9-12
2
/10
Inglewood High School
231 S Grevillea Ave
Distance between this listing and this school1.33 miles
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. Most residents in this area 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.
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.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were 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.