3655 Motor Avenue

Los Angeles, CA 90034

  • 18 Bed(s)
  • 0 Bath(s)
  • 10,050 Sqft
  • 7263
    Sqft(Lot)
$5,650,000

Description

We are pleased to present for sale 3655 motor ave. in palms mar vista of los angeles, ca. the offering consists of a 2006 built (defaults to ab-1482) 12 unit apartment building with townhouse-style units. the property has benefitted from a local family of conscientious operators and their portfolio is professionally managed by lilly property management co. the equal mix of 1br/1.5ba (6) and 2br/2.5ba (6) units (ranging from 800 to 900 sf) cater towards a broad rental market. the 1br's, which account for 50% of all units, may assist in keeping rents paced with the market during turnover. the building is offered at a reasonable 4.90 cap / 13.40 x with a stabilized 5.20 cap / 12.90 x. tenants will have access to in-unit washer/dryers, central hvac, individual water heaters, private patios, rooftop decks and 22 gated parking spaces. within close proximity is the e station of the metro line in addition to the 405 and 10 freeways. also within close proximity is downtown culver city, hayden tract and sony pictures studios. according to la county planning 2023, palms mar vista had a total population of 112,000 people with an average household income of $105,000. 65% of the population were renters. the offering presents an ideal turn-key opportunity of operational stability with consistent cash flow and predictable long term appreciation. furthermore, offering potential adu avenues for the new owner to explore (buyer to verify). the property will make a strong addition to any investor's portfolio whether they're in acquisition mode or simply looking for an immediate and quality 1031 solution. property is subject to ab-1482. as of may 2025 there are two (2) 1br/1.5ba vacancies. no other units will be delivered vacant by seller upon close of escrow, except those occurring naturally. property to be sold in as-is condition. please do not walk the property or disturb the tenants. text/email la for om. showing upon an accepted offer. please submit proof of funds and pre-approval with offer.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49672071

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Property Details

  • Bedroom Information

    • Total Bedrooms : 18

    Bathroom Information

    • Total Baths: 18
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Dishwasher,Disposal,Refrigerator

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 2006
    • Building Area Total: 10,050

    Security Features

    • Gated Community,Key Card Entry

    Pool Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1667
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7263

  • Listing Price Information

    • Original List Price: 5,650,000
    • Listing Contract Date: 2025-05-08

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4314008050

  • Garage and Parking

    • Garage Description: Assigned,Controlled Entrance,Covered,Garage,Gated,Private,On Street,Side By Side,Tandem

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C13 - Palms - Mar Vista
    • Directions: East of Overland Ave., north of Venice Blvd., west of Jasmine Ave., south of Palms Blvd., on the west side of Motor Ave.
    • Zoning: LAC2
    • Source Property Type: Residential Income
    • Area: C13 - Palms - Mar Vista

    Building and Construction

    • Property Age: 19
    • Year Built Source: Assessor
    • Total Square Feet Living: 10050
    • Entry Location: Main Level
    • Levels or Stories: Three Or More,Multi/Split
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BuyOwner last updated this listing 05/13/2025 @ 18:39

  • MLS: 25532519
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 18 bedrooms which is for sale, it has 10,050 sqft, 7,263 sized lot, and 0 parking. are nearby neighborhoods.