$850,000
PENDING

Los Angeles, CA 90045

Westchester Neighborhood

Estimated payment $5,300/month

Total Views 3,425
1.48 Acres
$574,884 Price per Acre
64,406 Sq Ft Lot

About This Lot

Lot 7, Tract 61605 (APN: 4103-024-032) is a rare and unique opportunity to own 1.49 acres of LAR1 vacant land in prime Westchester, located just minutes to SoFi Stadium, Intuit Dome, Hollywood Park Casino, Kenneth Hahn, Playa Vista, and much more. Very centrally located near the Metro/Expo lines, and the 405-freeway entrance/exits. The land can be bought together with 5400 Thornburn Street, which is a Triplex that is directly in front of Lot 7 and is for sale for $1,150,000 with 2 of 3 units delivered vacant at closing. 5400 Thornburn Street sits on a 12,931 SF lot and is zoned LAR3. The next owner can consider doing a lot line adjustment between Lot 7 and 5400 Thornburn Street to connect the two lots and create a large parcel assemblage for re-development. Seller financing may be available to a Buyer to help weather the current state of the debt markets. Scanned copies of the official track maps are available in the documents folder on the MLS. The property address listed on the MLS posting (0 Thornburn Street) is not the legal address of the land, as the land does not have a legal address -- but it has a legal APN (4103-024-032) and is titled Lot 7, Tract 61605 (6889254).

Listing Agent

Jonathan Rawson

Avenue Realty Group License #02010400 Listed on: 11/08/2023

Property Details

Property Type

  • Land

Lot Details

  • 1.48 Acre Lot
  • Property is zoned LAR1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: No
  • Probate: No
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: No
  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 64406
  • Potential Usage: Re-Development, Parks & Rec, Single Family Houses
  • Present Use: Vacant Un-Developed Land

Rental Info

  • Land Lease Type: Fee

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $850,000 -43.3% --
09/30/2016 09/30/16 Sold $1,500,000 -25.0% -- View Prior Sale
06/03/2016 06/03/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $2,000,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 23-330577

The MLS
California Los Angeles County Los Angeles 90045

Westchester

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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Jonathan Rawson
Listing Agent
Jonathan Rawson
Section Image
Avenue Realty Group
(310) 386-8692