Local Realty Services Provided By:
Keller Williams Beverly Hills
Overview
What It'll Cost
Neighborhood
Similar Homes
$3,400,000
3641 Motor Ave, Los Angeles, CA 90034
.17
ac
Log In to Reveal Price
$3,400,000
3641 Motor Ave, Los Angeles, CA 90034
Estimation provided by Keller Williams Realty Inc.
.17
ac
Active
For Sale
Property Description
3641 Motor Avenue presents a rare opportunity for developers with multiple options to maximize the site's potential. The site can accommodate the development of 63 units with no parking with a ministerial and streamlined application process using the CHIP OC-3 density bonus rules. Of the 63 units, 73% will be market rate. The property can be purchased as a fully entitled 30-unit project with permits already pulled, allowing the buyer to save an estimated $200,000 in fees. The current approved plans feature a six-story, 30-unit residential building totaling approximately 24,000 Sq.Ft., with a unit mix of 15 one-bedroom and 15 two-bedroom units, including 3 Extremely Low Income (ELI) units. The design includes 3,375 Sq.Ft. of open space, highlighted by a 2,580 Sq.Ft. rooftop common area, one level of subterranean parking, and a ground-floor retail space. Alternatively, developers can leverage a multitude of other state and regional density rules, including CHIP OC-3 density bonus laws to significantly increase density, with the potential to build up to 63 units on the 7,998.7 Sq.Ft. lot (to the center of the alley). Located in the heart of prime West Los Angeles, 3641 Motor Avenue offers unbeatable access to top-rated restaurants like Citizen Public Market and Versailles Cuban, vibrant nightlife spots such as Blind Barber and Boardwalk 11, cultural hubs like the Helms Bakery District, and seamless connectivity via the Palms Metro Line Station, making it an ideal destination for tenants seeking a dynamic urban lifestyle.
Assessed Value is a combination of the land and additions.
2023
$26,617
(+4.89%)
$2,190,319
Land 2,190,319
2022
$25,376
(+1.16%)
$2,105,267
Land 2,105,267
2021
$25,086
(+2.24%)
$2,105,267
Land 2,105,267
2019
$24,537
(+2.77%)
$2,083,681
Land 2,083,681
2017
$23,875
$2,002,770
Land 1,482,570 +
Additions 520,200
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Do you have other availabilities? Add up to two additional timeframes.
Please select a valid date
Please select a valid time
Please select a valid date
Please select a valid time
How would you like to tour?
Select your preferred video platform(s).
Zoom
FaceTime
Facebook Messenger
Google Meet
WhatsApp
Other
Your health and safety are our top priority. That`s why we’ve added the option to tour properties you are interested in through a live video chat.
Additional info
Enter a valid phone number.
Any additional questions or comments?
Message (optional)
Additional Terms of Use
Before you continue, please review the VOW Terms of Use:
(a) the Registrant has received, read and understood the brochure published by the British Columbia Real Estate Association entitled "Privacy Notice and Consent";
(b) the Registrant acknowledges entering into a lawful REALTOR®/ consumer or REALTOR®/client relationship with the Member;
(c) all data obtained from the MLS® VOW is intended for and may only be used for the Registrant’s personal, non-commercial use;
(d) the Registrant has a bona fide interest in the purchase, sale or lease of real estate of the type being offered through the MLS® VOW;
(e) the Registrant will not himself, and will not permit or assist others to, directly or indirectly:
(i) copy, redistribute or retransmit any of the MLS® VOW Data or information provided;
(ii) display, post, disseminate, distribute, publish, broadcast, transfer, sell or sublicense any of the MLS® VOW Data to another person.
(iii) engage in Scraping (including "screen scraping" and "database scraping"), "data mining" or any other activity intended to collect, store, re-organize, summarize or manipulate any MLS® VOW Data or any related data;
(f) the Registrant acknowledges the Board’s ownership of, and the validity of the Board’s proprietary rights and copyright in the MLS® VOW Data, and listing information; and
(g) the Registrant expressly authorizes the Board or their duly authorized representatives, to access the MLS® VOW and Registrant’s information provided to the MLS® VOW Participant, for the purposes of verifying compliance with and pursuing enforcement of the Terms of Use and all applicable rules, regulations, bylaws, policies, and laws.
This website uses cookies to improve your experience. For more info, read our
Cookie Policy.
By clicking “Accept” or continuing to use this site, you agree to our use of cookies
Terms of Use
and
Privacy Policy.
You have access to 1 more listing!You have access to {value} more listings!
Sign up to view unlimited properties and connect with an agent.
Get connected and never miss another property
Create your free account today!
Receive timely updates on your searches
Get meaningful market data and price trends
Access the world’s largest off-market property network through your KW Agent