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3631 Motor Avenue
Los Angeles, CA 90034
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.
PROPERTY INFORMATION
| MLS # | 24362585 | Lot Size | 7,502 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,900,000
Price Per SqFt: $ 1,038 |
DOM | 431 Days |
| Address | 3631 Motor Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,793 Sq. Ft. |
| Postal Code | 90034 | Garage | 4 |
| County | Los Angeles | Year Built | 1942 |
| Bed / Bath | 6 / 0 | Parking | 4 |
| Built In | 1942 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,093
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/27/2024 | Listed | $2,900,000 |
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Listing provided courtesy of Daniel John Cavanaugh, Cavanaugh Realtors. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
