5503 Thornburn Street, Los Angeles, CA 90045
List Price: $1.2M
Listing Status: Active
Original List Price: $1.29M
0Days on Market: 280
5 Bedrooms · 3 Bathrooms · 2,726 sq ft
Property Type: ResidentialIncome
Year Built: 1952
Lot Size: 7,235 sq ft
Garage Spaces: 3
MLS Number: 25608899
About This Property
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 provided by: Casey Lins DRE #01902650 858-369-3010 Casey.Lins@kidder.com, Kidder Mathews of California, Inc.
Source: CRMLS, MLS #: 25608899
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.