3631 Motor Avenue

Los Angeles, CA 90034

$2,900,000

List Price

6

bed Beds

4

shower Baths

2,793 sqft

straighten / sqft

1942

calendar_month Built

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.

Listing Information

List Price $2,900,000
Status Active
MLS 24362585
Type Residential Income
Year Built 1942
Lot Size 7,502
Structure Size 2,793
DOM 185
Courtesy Of Cavanaugh Realtors
Listing Agent Daniel John Cavanaugh DRE#00576151

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4

Exterior Information

Maps

Listing information courtesy of: Daniel John Cavanaugh, Cavanaugh Realtors 310-837-7161. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.