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$ 3,400,000
Est. payment | /mo
7,499 Sqft Lot
$ 3,400,000
Est. payment | /mo
7,499 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25503027
Lot Size 7,499 Sqft
Acres 0.1722
Property Description
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.
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LAC2-1
Exterior
View Y/N Yes
View City
Others
Special Listing Condition Standard
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Listed by Maher Commercial Realty