Los Angeles, CA 90045,5506 THORNBURN Street
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Los Angeles, CA 90045,5506 THORNBURN Street
Los Angeles, CA 90045,5506 THORNBURN Street
Los Angeles, CA 90045,5506 THORNBURN Street
Los Angeles, CA 90045,5506 THORNBURN Street
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$ 5,299,000
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5506 THORNBURN Street Los Angeles, CA 90045

13,665 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 13,665 sqft

Price per Sqft $387

MLS Listing ID CL25531491

HOA Y/N No

Year Built 2023

Lot Size 9,832 Sqft

Acres 0.23

Property Sub-Type Other

Property Description

Step into the world of smart investing with this meticulously maintained multi-family property. Boasting a strategic location that promises both convenience and profitability, this property is a golden ticket for those looking to maximize their returns. Currently offering a whopping 5.18 Cap rate. rental income to long-term appreciation, this investment promises a wealth of opportunities for the discerning investor. The property 100% leased. We are proud to offer a newer 2023 built 12 Unit 5 story apartment building with roof top deck in Westchester. The occupants are paying for water, gas, sewer and electricity. The building is sub metered for water and hot water. Great unit mix of Seven 3br 2ba and Five 2br 2ba units. The building has an elevator for all 5 stories including the roof top deck. All units have large rooms and 1 balcony per unit. The units are equipped with stainless steel appliances and washer and dryer along with large windows for ample light in to the units. All units have central air condition and heating. All floors are built with trash Chutes for the convenience of the occupants. The building has a roof top deck with a panoramic view of the City and great to watch incoming airplanes. The building is a show piece with all the conveniences for the occupants wit

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dryer

Laundry Dryer, Laundry Closet, Washer

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View City Lights, Panoramic

Building

Lot Description Other

Sewer Other

Water Sump Pump, Other

New Construction No

Others

Tax ID 4103022009


Bridge MLS
Listed by Suminda Sellahewa • Avarnka Real Estate, Inc.
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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5506 THORNBURN Street