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27783259
27783267

5503 Thornburn St, Los Angeles, CA 90045

CL
01902650
Kidder Matthews
VC
CA 02012324
Kidder Mathews Los Angeles
Listed by Kidder Matthews, Kidder Mathews Los Angeles
$1,195,000
226 days on market
Updated 71 days ago

5503 Thornburn St

Details
APN 4103-009-014
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,726
Net Rentable (SqFt) 2,726
Units 3
Occupancy 100%
Pro-Forma Cap Rate 8.7%
Pro-Forma NOI $103,981
Price per SqFt $438
Broker Co-Op Yes
Class C
Year Built 1952
Buildings 2
Stories 1
Lot Size (SqFt) 7,235
Zoning LAR3
Parking Spaces 3 spaces
Parking Per SqFt 1.10
Investment Type Value Add
Ground Lease No

TRIPLEX IN WESTCHESTER

Marketing description

We are proud to present 5503 Thornburn St, a 3-unit apartment community located in the Westchester neighborhood. The building consists of (2) two-bedroom units and (1) one-bedroom unit, with garage parking provided for all units.

Situated on an approximately 7,235 SF LAR3-zoned lot, the building totals about 2,726 SF and is ideally positioned for a value-add investor seeking strong in-place income with long-term redevelopment potential. The property is currently 100% occupied with below-market rents, offering a new owner the opportunity to renovate units, increase rents, or pursue a ground-up development.

Centrally located in Westchester, the property benefits from proximity to major employment and lifestyle hubs including Playa Vista, SoFi Stadium, LAX, El Segundo, and Culver City, making it a prime location for sustained rental demand and future growth. Contact the listing broker for additional information.

Listing Contacts

CL
01902650
Kidder Matthews
VC
CA 02012324
Kidder Mathews Los Angeles
Listed by Kidder Matthews, Kidder Mathews Los Angeles

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