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3631 Motor Avenue

Los Angeles (City), CA 90034
  • $2,900,000
  • STATUS: Active
  • ON SITE: 384 Days
  • MLS #: 24362585
UPDATED: 47 min ago
$2,900,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,793
    SQFT
  • $1,038
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Daniel John Cavanaugh of Cavanaugh Realtors (310-837-7161)


Description

Pride of ownership four-unit building on Motor Avenue in the heart of Palms. Three stand-alone homes, each with their own water heaters, mini split air conditioning and heating units, and washer/dryer hook-ups and a fourth unit over the rear garages. The updated front house has two bedrooms and one bath and the unit over the garages also has two bedrooms and one bath. The other two units each have one bedroom and one bathroom and one of the units was recently renovated. Four garage spaces off the rear alley plus a store room that is used by the owner. Each unit is separately metered for gas and electricity and the owner pays for water and gardener. The lot is 7,500 square feet (50' X 150') to a 20' alley and the zoning is MU-EC (Mixed Use Exposition Corridor), which may allow for significant development opportunities. Buyers are encouraged to check with the city of LA for more information on allowed uses, allowed maximum height, and density bonuses. The property has a Tier 3 TOC designation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T14:32:29.507. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/148074552
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3631 Motor Avenue Los Angeles (City), CA 90034

  • Price: $2,900,000
  • Status: Active
  • On Site: 384 Days
  • Updated: 47 min ago
  • MLS #: 24362585
6
Beds
0
Baths
0
½ Baths
0.17
Acres
2,793
SQFT
$1,038
$/SQFT
1942
Built
Neighborhood:
C13 - Palms - Mar Vista
County:
Los Angeles
Area:
C13 - Palms - Mar Vista
Property Description
Pride of ownership four-unit building on Motor Avenue in the heart of Palms. Three stand-alone homes, each with their own water heaters, mini split air conditioning and heating units, and washer/dryer hook-ups and a fourth unit over the rear garages. The updated front house has two bedrooms and one bath and the unit over the garages also has two bedrooms and one bath. The other two units each have one bedroom and one bathroom and one of the units was recently renovated. Four garage spaces off the rear alley plus a store room that is used by the owner. Each unit is separately metered for gas and electricity and the owner pays for water and gardener. The lot is 7,500 square feet (50' X 150') to a 20' alley and the zoning is MU-EC (Mixed Use Exposition Corridor), which may allow for significant development opportunities. Buyers are encouraged to check with the city of LA for more information on allowed uses, allowed maximum height, and density bonuses. The property has a Tier 3 TOC designation.
Exterior Features

Parking Features CoveredGarageGarage Door Opener Parking Total 4

Property Features

Association YN No Cap Rate 2.9 Disclosures Principal is Real Estate Licensed Garage YN Yes Gross Income 132540 Laundry Features Inside Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 83274 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning MU-EC



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T14:32:29.507. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Daniel John Cavanaugh of Cavanaugh Realtors (310-837-7161)