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$850,000
ACTIVE UNDER CONTRACT Status
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).

0 Thornburn, Los Angeles

Courtesy of Avenue Realty Group, Jonathan Rawson - CA DRE#02010400

$1,150,000
4 Beds ⋅ 3 Baths ⋅ ACTIVE UNDER CONTRACT Status
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.

5400 Thornburn St, Los Angeles

Courtesy of Avenue Realty Group, Jonathan Rawson - CA DRE#02010400

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