5506 THORNBURN STREET
Los Angeles, CA 90045
13665 sqft | 31 beds | 0.23 acres | #25531491
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 4.93 Cap rate. rental income to long-term appreciation, this investment promises a wealth of opportunities for the discerning investor. 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 with close proximity to Sofi Stadium, LAX, Fox hills mall, freeway access, restaurants and dock weiler beach. This is a great property to add to your Real Estate portfolio.
Property Details
- InteriorElevator, RecessedLighting
- ViewCityLights, Panoramic
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Lot DescriptionLandscaped
- Original List Price$5,500,000
- BasementSumpPump
- MLS #25531491
- MLS #25531491
- Cost5500000
- Acres0.2257
- Square Feet13665
- Sewer InformationOther
- Year Built2023
- Bedrooms31
- Stories5
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Suminda Sellahewa (#CLW-X10894)
Listing Office: Avarnka Real Estate, Inc. (#CLW-X77032)
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