StatusAccepting Backup Offers (Active Under Contract)
About This Home
Lot 7, Tract 61605 (APN: 4103-024-032) is a rare and unique opportunity to own 1.49 acres of LAR1 vacant land in prime Westchester, located just minutes to SoFi Stadium, Intuit Dome, Hollywood Park Casino, Kenneth Hahn, Playa Vista, and much more. Very centrally located near the Metro/Expo lines, and the 405-freeway entrance/exits. The land can be bought together with 5400 Thornburn Street, which is a Triplex that is directly in front of Lot 7 and is for sale for $1,150,000 with 2 of 3 units delivered vacant at closing. 5400 Thornburn Street sits on a 12,931 SF lot and is zoned LAR3. The next owner can consider doing a lot line adjustment between Lot 7 and 5400 Thornburn Street to connect the two lots and create a large parcel assemblage for re-development. Seller financing may be available to a Buyer to help weather the current state of the debt markets. Scanned copies of the official track maps are available in the documents folder on the MLS. The property address listed on the MLS posting (0 Thornburn Street) is not the legal address of the land, as the land does not have a legal address -- but it has a legal APN (4103-024-032) and is titled Lot 7, Tract 61605 (6889254).
Property Details
Property Features
Listing Office:
Office Name: Avenue Realty Group
Office Phone: (310) 310-8624
Listing Agent: Jonathan Rawson
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 1.48 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $850,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $171.5K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23330577
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: 12/22/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,310
Per Month
Principal & Interest
$4,243
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,615
Powered By
Advertisement
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
Discovery School of the Arts
13247 Amethyst Rd
Distance between this listing and this school0.79 miles
Public District Grades KG-6
2
/10
Morgan Kincaid Preparatory School of Integrated Studies
13257 Mesa Linda Ave
Distance between this listing and this school0.93 miles
Public District Grades KG-5
2
/10
Liberty School of Innovation and Creativity
12900 Amethyst Rd
Distance between this listing and this school1.01 miles
Public District Grades KG-6
Nearby Schools
7
/10
Cobalt Institute of Math and Science Academy
14045 Topaz Rd
Distance between this listing and this school0.45 miles
Public District Grades 7-8
2
/10
Mesa Linda Middle School
13001 Mesa Linda Ave
Distance between this listing and this school1.14 miles
Public District Grades 6-8
5
/10
Desert Trails Preparatory Academy
14350 Bellflower St
Distance between this listing and this school2.61 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Silverado High School
14048 Cobalt Rd
Distance between this listing and this school0.37 miles
Public District Grades 9-12
9
/10
University Preparatory
13853 Seneca Rd
Distance between this listing and this school1.34 miles
Public District Grades 7-12
3
/10
Options for Youth-Victorville Charter
14120 Bear Valley Rd Ste 104
Distance between this listing and this school2.14 miles
The neighbors living near this home have an average income of $75,764. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Los Angeles, CA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Los Angeles, CA?
Los Angeles' housing market is diverse, offering a mix of architectural styles that range from sleek, contemporary high-rises to classic Spanish-style villas. Single-family homes are prevalent, with a significant portion featuring mid-century modern and craftsman designs. The market also includes a variety of apartments and condominiums, providing options for different lifestyles and budgets. The city has seen a wave of development in recent years, with an emphasis on sustainable and green living spaces.
Is Los Angeles, CA a good place to live?
Los Angeles is celebrated for its vibrant cultural tapestry and dynamic lifestyle. The city prides itself on being an entertainment capital, with numerous film and music events throughout the year. Its character is also defined by a blend of laid-back beach life and the fast-paced glamour of Hollywood. Community events, like the LA Film Festival and the Griffith Park Free Shakespeare Festival, reflect the city's rich artistic heritage and diverse population.
Are things conveniently located in Los Angeles, CA?
The city is equipped with a comprehensive range of services, including a vast public education system with numerous schools across all levels, from elementary to high school, and higher education institutions. Healthcare is supported by several major hospitals and clinics offering a spectrum of services. Los Angeles' public library system is extensive, and the city is home to a wide array of shopping and dining experiences that showcase its multicultural roots. Initiatives are in place to continually adapt and improve services to meet the needs of its growing and changing demographics.
What does the transportation in Los Angeles, CA look like?
Los Angeles provides a network of transportation options, including an extensive bus and metro rail system with varying schedules to accommodate commuters. While the city is known for its reliance on cars, efforts have been made to enhance walkability and bikeability in certain districts. The city's layout is connected by a comprehensive system of freeways and highways, and recent infrastructure projects aim to improve traffic flow and reduce congestion. Ride-sharing services are widely available, offering an alternative to traditional public transit.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home sits on a 1.48 acre lot. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $850,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.