$5,299,000 - 5506 Thornburn Street, Los Angeles

Los Angeles Home For Sale

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 5.18 Cap rate. rental income to long-term appreciation, this investment promises a wealth of opportunities for the discerning investor. The property 100% leased. 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.