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Backup Offers

Address Not Disclosed - MLS#23330577, Los Angeles, CA, 90045

$850,000

1.48 Acres
Land

Property Highlights

Home TypeOther
ViewNone
MLS #23330577
Lot Size1.48 Acres
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
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

This property vs Los Angeles

377 DAYS ON ROCKET

+339 Days

$850,000

-$173.4K Less

KEY TAKEAWAY

This property is $173.4K 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

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, 9:20:52 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

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

Nearby Schools

school-card-donut-236821
7
/10
  • Discovery School of the Arts

  • 13247 Amethyst Rd

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-236822
2
/10
  • Morgan Kincaid Preparatory School of Integrated Studies

  • 13257 Mesa Linda Ave

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-236823
2
/10
  • Liberty School of Innovation and Creativity

  • 12900 Amethyst Rd

  • 1.01 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,764. Residents of Los Angeles, CA typically earn between $35k-100k each year. 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.
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Rocket HomesCaliforniaSan Bernardino CountyLos Angeles90045Address Not Disclosed

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 October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. 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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