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5416 Thornburn St, Los Angeles, CA 90045
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5416 Thornburn St Los Angeles, CA 90045

$1,500,000 Sold Price as of 05/18/2022
  • 16 Beds
  • 10 Baths
  • 3,332 Sq.Ft.
Sold
$1,500,000 Sold Price as of 05/18/2022 Refinance Your Mortgage
Map preview of 5416 Thornburn St, Los Angeles, CA 90045

Property Overview: 5416 Thornburn St Los Angeles, CA has 16 bedrooms, 10 bathrooms, 3,332 living square feet and 9,248 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare opportunity for an investor or developer to own a fourplex in Westchester conveniently located serval blocks from the 405 freeway minutes from LAX, Playa Vista, Dockweilder Beach, Playa Del Rey, Marina Del Rey, Fox Hill Mall (Westfield), Ladera Shopping Center, Culver City, bike paths and parks. This fourplex sits on an R3 lot that is 9248 sq. ft. with a rear four-car garage and off-street parking. All units have individual meters (gas and electric) with front and rear entrances.

Listed by Bennie Terry | BRE #00708808 | The Real Estate Factory
Last checked: 11 minutes ago | Last updated: May 18th, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
9,248
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22129661
City
Los Angeles
County
Los Angeles
Time on Site
817 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $980
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,745
  • Total Rent: $1,745
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,390
  • Total Rent: $1,390
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 25.7
  • Gross Scheduled Income: --
  • Net Operating Income: $53,880
  • Gross Operating Income: $8,400
  • Garage Rental Income: $5,190
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $4,817
  • Gardener: $135
  • Insurance: $2,000
  • Water/Sewer: $6,000

Property Details for 5416 Thornburn St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 4103022003
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: 405 Freeway to La Tijera north one block turn east on Thornburn Street
View more facts & features

Local Los Angeles Agent

Sale History for 5416 Thornburn St

Last sold for $1,500,000 on May 18th, 2022

  • May, 2022

  • May 18, 2022

    Date

    Sold

    CRMLS: 22129661

    $1,500,000

    Price

  • Feb 21, 2022

    Date

    Active

    CRMLS: 22129661

    $1,605,000

    Price

  • February, 2022

  • Feb 14, 2022

    Date

    Canceled

    CRMLS: 21795548

    $1,630,000

    Price

  • Oct 14, 2021

    Date

    Active

    CRMLS: 21795548

    $1,732,500

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity for an investor or developer to own a fourplex in Westchester conveniently located several blocks from the 405 Freeway minutes from LAX, Playa Vista, Dockweilder Beach, Playa Del Rey, Marina Del, Fox Hills Mall, Ladera Shopping Center, Culver City, bike paths and parks. This fourplex sits on an R3 lot that is 9248sq.ft. that has two units with two bedrooms and one bath and two one-bedroom units with one bath each unit has an assigned garage. All units are individually metered (gas and electric) with a front and rear entrance. There is an additional parking area in the rear of the building with easy excess to the garages.

  • January, 2007

  • Jan 10, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5416 Thornburn St

Assessed Value (2020): $357,502
Year Land Value Improved Value Assessed Value
2020 $131,854 $225,648 $357,502

Home Value Compared to the Market

This property vs the competition

5416 Thornburn St sold on May 18, 2022 for 26.05% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $450.18 per/sqft which puts the price per square foot 40.37% lower than the current median sale per square foot for the city of Los Angeles.

About 5416 Thornburn St

Detailed summary of property

5416 Thornburn St is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 16 bedrooms, 10 bathrooms, roughly 3,332 living square feet, and sits on an approximately 9,248 square foot lot. 5416 Thornburn St was first listed on ArdentRealEstateGroup.com on February 21, 2022. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.05% higher than the current median priced home. Local homes that are currently for sale include 2747 S Mansfield Ave, 5869 Dauphin Ave and 2720 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 92 days, 5416 Thornburn St has a days on market of 21 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 5416 Thornburn St Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5416 Thornburn St

Public county record property details
Beds
6
Baths
4
Year built
1949
Sq. Ft.
3,332
Lot Size
9,248
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
140
APN
4103-022-003

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
98
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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