$1,150,000 Price Analysis   ♡   Los Angeles, CA 90045 4 bed 3 bath 2,087 SqFt ($551/SqFt) 0.3 acre lot. Built 1950 Listed 2023-11-08, Taxes $12,611 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This is a unique opportunity to buy a triplex in high-in-demand Westchester
* Has Contingent Offer *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 Fnancing may be available for both. Tenants are centrally located near the 405 Freeway Entrance/Exits and Metro Lines and 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 fo r gas, electricity and trash and Landlord pays for water and sewer.
Presented by Jonathan Rawson at
Avenue Realty Group.
Property MLS #23-330081 from TheMLSCLAW
Full Bathrooms: 3
Heating Features: Wall
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 12931
Garage Description: Assigned, Garage - 1 Car, Garage Is Attached
Parking Total: 3
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2895, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2250, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2295
County: Los Angeles
Cap Rate: 4.41
Directions: South of La Tijera, North of La Cienega, East of 405
Source Property Type: Residential Income
Area: Westchester
Source Neighborhood: Westchester
Owner Pays: Water, Gardener
Parcel Number: 4103-022-001
Postal Code Plus 4: 2225
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $415,584 + $623,377 $1,038,961 | $12,611 |
| 2021 | $407,436 + $611,154 $1,018,590 | $12,454 |
| 2020 | $403,259 + $604,888 $1,008,147 | $12,580 |
| 2019 | $395,352 + $593,028 $988,380 | $12,087 |
| 2018 | $387,600 + $581,400 $969,000 | $11,937 |
| 2017 | $380,000 + $570,000 $950,000 | $11,682 |
| 2016 | $44,502 + $36,423 $80,925 | $1,281 |
| 2015 | $43,834 + $35,876 $79,710 | $1,267 |
| 2014 | $42,976 + $35,174 $78,150 | $1,298 |
| 2013 | $42,782 + $35,016 $77,798 | $1,292 |
| 2012 | $41,944 + $34,330 $76,274 | $1,307 |
| 2010 | $41,122 + $33,657 $74,779 | $1,301 |
| 2009 | $40,912 + $33,486 $74,398 | $1,255 |
| 2009 | $40,815 + $33,406 $74,221 | $1,255 |
| 2008 | $40,110 + $32,830 $72,940 | $1,215 |
| 2007 | $39,324 + $32,187 $71,511 | $1,174 |
$1,150,000
TheMLSCLAW
Listing removed 2018-10-19
$1,100,000
CRISNET
Sold 2017-01-18
$950,000
CRISNET
Sold 2016-12-16
$900,000
Public Record
Listed 2016-09-27
$1,100,000
CRISNET
Listing removed 2016-09-27
$1,100,000
CRISNET
Listed 2016-08-15
$1,100,000
CRISNET
Sold 1972-10-17
$42,000
Public Record
Year Built: 1950
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 74
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.