5410 Thornburn Street

Los Angeles, CA 90045

$1,480,000

List Price

6

bed Beds

4

shower Baths

3,332 sqft

straighten / sqft

1949

calendar_month Built

Property Description

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. **

Listing Information

List Price $1,480,000
Status Pending
MLS 24415635
Type Residential Income
Year Built 1949
Lot Size 9,255
Structure Size 3,332
DOM 43
Courtesy Of eLAvate,Inc.
Listing Agent Josh Hodeda DRE#02091542

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4

Exterior Information

Maps

Listing information courtesy of: Josh Hodeda, eLAvate,Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.