3641 Motor AVE Active

Los Angeles,CA 90034

$ 2995000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25503027

HOA Y/N No

Lot Size 7,501 Sqft

Property Description

Seller is motivated and will consider all reasonable offers. 3641 Motor Avenue is a rare, ready-to-go development opportunity in prime West Los Angeles. The property is fully entitled for a 30-unit, six-story mixed-use project with permits already pulled saving the buyer an estimated $200,000+ in permit fees and months of time. Approved plans call for approximately 24,000 SF, including 15 one-bedroom and 15 two-bedroom units (3 ELI units), 3,375 SF of open space (featuring a 2,580 SF rooftop deck), one level of subterranean parking, and ground-floor retail. Developers also have the option to dramatically increase density: under CHIP OC-3 and other state/local housing incentives, the site can accommodate up to 63 units with no parking through a ministerial, streamlined process 73% of which can be market rate. The flexibility between the current RTI plans and higher-density alternatives provides multiple exit strategies. Located near the Palms Metro Line Station, Helms Bakery District, Citizen Public Market, and top-tier restaurants, this high-visibility Motor Avenue site offers strong demand drivers and easy access to the 10 and 405 freeways.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAC2-1

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights

Building

New Construction No

Others

Senior Community No

Tax ID 4314008012

Special Listing Condition Standard

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