5410 Thornburn Street, Los Angeles, CA 90045
Property
Sold October 2024
Listing Agent: Josh Hodeda (DRE #02091542) · Listing Office: eLAvate,Inc. · Contact: 818-643-1980 · Bought with: Larry Nease · Terra Conejo Properties, Inc. · MLS #24415635 · Source: CRMLS
About this property
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 description from the October 2024 sale, as reported to CRMLS.
Sale history