5503 Thornburn St - Apartments FOR SALE


Los Angeles, CA 90045- Westchester
$1,295,000 USD
213-225-7223
5503 Thornburn St, Los Angeles, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

5503 Thornburn St
Los Angeles, CA 90045
Westchester


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

3

PRICE/UNIT

$431,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Units | 7,235sf LAR3 Land | Westchester

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,235 SF

ZONING

LAR2

APN/PARCEL ID

4103-009-014

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.