3641 Motor Ave - Residential LAND FOR SALE


Los Angeles, CA 90034- Palms326,656,440 SF
$3,400,000 USD
415-378-5464
3641 Motor Ave, Los Angeles, CA for Sale
$3,400,000 USD
Residential LAND - FOR SALE
1/7
326,656,440 SF

3641 Motor Ave
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • Proposed six story building with one level of subterranean parking
  • Development permits have already been pulled and will be assigned to Buyer at close of escrow, saving Buyer $300,000 in fees
  • Lot size to center of ally: ±7,998.7 square feet
  • Unit mix: 15 one-bedroom units, and 15 two-bedroom units
  • Open space: 3,375 square feet. The roof has 2,580 square feet of the total required open space
  • Great location with 0.5 miles of the Palms Metro Line Station and minutes from Downtown Culver City

OVERVIEW

3641 Motor Avenue is a proposed six story building totaling approximately 24,000 Sq.Ft. featuring 30 residential units. Development permits have already been obtained and will be assigned to the buyer at the close of escrow, saving the buyer $300,000 in fees. The unit mix includes 15 one-bedroom units and 15 two-bedroom units. The property boasts 3,375 square feet of open space, with a 2,580 Sq.Ft. rooftop common area designed for entertaining. The proposed building includes one level of subterranean parking and five stories above ground. The lot size measures approximately 7,998.7 square feet to the center of the alley, and the project also includes one retail space on the ground floor. Of the 30 units, 3 are designated as extremely low income (ELI). This property offers a prime location, within 1/2 mile of the Palms Metro Line Station and only minutes from Downtown Culver City.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/ACRE

$453/AC

PRICE/SF

$0.010 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3641 Motor Avenue

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

7499 AC

LAND SF

326,656,440 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2-1

APN/PARCEL ID

4314-008-012

ASK ABOUT THIS PROPERTY

Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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Oron MaherMaher Commercial RealtyMore Info
415-378-5464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.