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Lot/land
  • $3,400,000

    3641 Motor Ave, Los Angeles, CA 90034

    --beds
    --baths
    7,501.03Square Feet
    Unimproved Land
    Built in ----
    7,501.03 Square Feet Lot
    $2,122,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Subterranean parkingGround-floor retail space
    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.
    65 days
    on Zillow
    |
    51
    |
    2
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    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 06:50am

    Listed by:

    Oron Maher DRE # 01299093 310-464-1453,

    Maher Commercial Realty 310-464-1453

    Source: CLAW,MLS#: 25503027MLS Logo
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,501.03 Square Feet
    Details
    • Parcel number: 4314008012
    • Zoning: LAC2-1
    • Special conditions: Standard

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Tax assessed value: $2,234,125
    • Annual tax amount: $27,146
    • Date on market: 2/25/2025
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