Los Angeles, CA 90045 5506 THORNBURN Street

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Presented By: Suminda Sellahewa with Avarnka Real Estate, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25531491
  • 04/28/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 31
  • Baths • 24
  • SQFT • 13,665
  • Garage • 1

Home Details

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.
Presented By: Suminda Sellahewa with Avarnka Real Estate, Inc.;

Interior Features for 5506 THORNBURN Street

Bedrooms

Total Bedrooms31

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths24

Other Interior Features

Air Conditioning Y/NYes
BasementSumpPump
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Interior AmenitiesElevator, RecessedLighting
Laundry FeaturesLaundryCloset
Total Stories5
Window FeaturesDoublePaneWindows, Screens

General for 5506 THORNBURN Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Architectural StyleContemporary
Attached Garage No
Buyer FinancingCash
Cap Rate4.69
Carport Y/NNo
CityLos Angeles
Construction MaterialsMetalSiding, Stucco
CoolingCentralAir
CountyLos Angeles
DirectionsEast of 405 freeway
DisclosuresRentControl
Electric On Property Y/NNo
Entry LocationFoyer
Facing DirectionEast
Full Baths
Garage Y/NYes
Gross Income33970.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet9832.0
Lot Size UnitsSquareFeet
MLS AreaC29 - Westchester
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionYes
Number Of Units Total12
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, FireSprinklerSystem, SecurityGate, SmokeDetectors
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas, Water
ViewCityLights, Panoramic
Year Built2023
Year Built SourceBuilder
ZoningLAR3

Exterior for 5506 THORNBURN Street

Building Area Total13665.0
Crops Included Y/NNo
Door FeaturesSlidingDoors
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLandscaped
Lot Size Acres0.2257
Lot Size Area9832.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Open Parking Y/NNo
Parking FeaturesAssigned, Garage, GarageDoorOpener, CommunityStructure
Private PoolNo
SpaNo
Total Parking16.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $5,500,000
MLS#25531491
List Date 04/28/2025
Property Type Multi-Family
Phone 714.742.6515
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