5410 Thornburn Street Los Angeles, CA 90045
eLAvate, Inc. is pleased to present 5410 Thornburn St., a Bread & butter 4-Plex investor's dream on a large 9, 253 square feet lot. The property is 100% occupied features two 2+1's, two 1+1's and a separate garage structure in the rear with 4 individual garages. The sale of the property comes with full RTI plans for the construction of two 2 bedroom additional units above the rear garage structure providing new ownership the ability to increase rental income by as much as $5, 400 per month. All tenants are current on rent. One of the two bedroom units (5410 ) has been recently remodeled with a lease term through June 2025 at $2, 673 per month and includes an in-unit washer & dryer. The other three units are longer term tenants with rental upside whose rents were increased the allowable 4% in February 2024. All units have individual water heaters. The property is conveniently situated near the 405 freeway and close to LAX airport. 5410 Thornburn is subject to the Los Angeles Rental Stabilization Ordinance (RSO rent control). ** Please do not disturb tenants. ** ** Showings/property tours after submitted offer with proof of funds. **
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusPending
- MLS ID Number24415635
- Home Size Source N/A
- Year Built1949
- Lot Size0.2125 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking AssignedCoveredDriveway
- Parking Spaces 4
- Number of Stories Multi/Split2
- Acreage 0.2125
- Attached Garage No
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Heating Floor Furnace
- Appliances RefrigeratorGas Oven
Exterior Features
- Spa No
- Pool Features None
- Spa Features None
Community Features
- Senior Community No
- MLS Area C29 - Westchester