3733 Motor Ave - Office FOR SALE


Los Angeles, CA 90034- Palms
$9,668,000 USD
310-899-2742
3733 Motor Ave, Los Angeles, CA for Sale
$9,668,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

3733 Motor Ave
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • 3733 Motor Avenue is an incredible owner/user and investment opportunity to purchase a three-story creative office asset with modern updates.
  • Array of nearby amenities are within walking distance, including Starbucks, Ralph's, Chipotle, Sidecar Doughnuts & Coffee, and Equinox.
  • Take advantage of the property's top-notch finishes, including clear-story skylights, fully paid solar panels, an outdoor patio, and secure parking.
  • Getting around town is easy from 3733 Motor Avenue due to the proximity to the CA 405 and Interstate 10 and the Palms Expo Metro Line.

OVERVIEW

Embark on the owner/user opportunity by purchasing this office building with room to expand and earn income potential by leasing out multiple floors. 3733 Motor Avenue is a three-story elevator-served commercial building that spans 12,100 square feet on 7,365 square feet of land in Los Angeles, California. This property offers creative space ideal for professional services, businesses, broadcasting studios, and school uses. 3733 Motor Avenue is impeccably designed with 11-foot ceilings, an outdoor patio seating area, and high-end finishes. The building underwent a significant renovation in 2021, including updated kitchens, new bathrooms, motion-censored lighting, a clearstory skylight, high-speed fiber to the building, a new roof, and fully paid-for solar paneling systems. The site has a gated parking garage with 21 spaces, 19 gated, and two additional spaces outside the lot for employees and visitors. With a Walk Score of 91 (Walker's Paradise), the creative office is walkable to a host of shopping, dining, and entertainment amenities on Venice Boulevard and Motor Avenue. Tenants also benefit from convenient road and rail accessibility with hassle-free connectivity to the Palms Expo Metro Rail Station, which is less than a mile away. Commuter-friendly, this property is near the 405 and 10 Freeways, which reach Beverly Hills, Santa Monica Beaches, and Downtown Los Angeles in minutes. Adjacent to the Treehouse School and Child Care Center, the building is in a charming, historic, friendly neighborhood dotted with restaurants, wine bars, theaters, and art galleries. 3733 Motor Avenue is centrally located in Los Angeles, neighboring Culver City, and Silicon Beach, where many production, media, and tech companies, such as Fox and Sony Studios, are housed blocks away. This amenity-rich area has drawn a large population of 817,279 residents within 5 miles of the property, with an additional daytime employment population of 684,209 people, offering a solid workforce for future tenants.

FOR SALE DETAILS

PRICE

$9,668,000 USD

PRICE/SF

$799 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

4314-003-036

ASK ABOUT THIS PROPERTY

Alex RiveraLee & Associates, Los Angeles West, IncMore Info
310-899-2742

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

Alex RiveraLee & Associates, Los Angeles West, IncMore Info
310-899-2742

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