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3631 Motor Ave, Los Angeles, CA 90034

List Price: $2,900,000On Market FlagOn market
Feb 26, 20242,793 sqft6 beds4 baths
Listed by: Daniel John Cavanaugh
License #: 00576151
Phone #: 310-837-7161
Cavanaugh Realtors
Source:
CRMLS Logo
MLS #: 24362585

Property Description

Pride of ownership four-unit building on Motor Avenue in the heart of Palms. Three stand-alone homes, each with their own water heaters, mini split air conditioning and heating units, and washer/dryer hook-ups and a fourth unit over the rear garages. The updated front house has two bedrooms and one bath and the unit over the garages also has two bedrooms and one bath. The other two units each have one bedroom and one bathroom and one of the units was recently renovated. Four garage spaces off the rear alley plus a store room that is used by the owner. Each unit is separately metered for gas and electricity and the owner pays for water and gardener. The lot is 7,500 square feet (50' X 150') to a 20' alley and the zoning is MU-EC (Mixed Use Exposition Corridor), which may allow for significant development opportunities. Buyers are encouraged to check with the city of LA for more information on allowed uses, allowed maximum height, and density bonuses. The property has a Tier 3 TOC designation.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$19,671

TurboHome Estimated Value

$2,105,700

$754 sqft

High Valuation
$2,210,985
$792/sqft
Normal Valuation
$2,105,700
$754/sqft
Low Valuation
$2,000,415
$716/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$754/sqft$2,105,700

Neighborhood: Palms

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Comparative Value

$1.44M

$1.67M

$1.83M

$2.70M

$2.90M

3358 Bagley Ave, Los Angeles, CA 90034

Sale Price: $1,438,000

Selected Comparable

3137 Hutchison Ave, Los Angeles, CA 90034

Sale Price: $1,665,000

Selected Comparable

3816 Huron Ave, Culver City, CA 90232

Sale Price: $1,835,000

Selected Comparable

3949 Tilden Ave, Culver City, CA 90232

Sale Price: $1,860,000

Selected Comparable

4061 Tilden Ave, Culver City, CA 90232

Sale Price: $2,700,000

Selected Comparable

3631 Motor Ave, Los Angeles, CA 90034

List Price: $2,900,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
3631 Motor Ave, Los Angeles, CA 90034

3631 Motor Ave, Los Angeles, CA 90034

List: $2,900,000

Listed: 2/26/2024

Area:2,793 sqft
Price/sqft:$1,038
Beds:6
Baths:4
Year Built:
Lot Size:7,502

Comparable Properties

COMPARABLE
Choose comps
3358 Bagley Ave, Los Angeles, CA 90034

3358 Bagley Ave, Los Angeles, CA 90034

Sale: $1,438,000

6/13/20250.73 mi

Area:2,704 sqft
Price/sqft:$532
Beds:6
Baths:5
Year Built:
Weight:23.8%
3816 Huron Ave, Culver City, CA 90232

3816 Huron Ave, Culver City, CA 90232

Sale: $1,835,000

11/18/20240.74 mi

Area:2,694 sqft
Price/sqft:$681
Beds:6
Baths:5
Year Built:
Weight:21.6%
4061 Tilden Ave, Culver City, CA 90232

4061 Tilden Ave, Culver City, CA 90232

Sale: $2,700,000

6/2/20251.04 mi

Area:2,813 sqft
Price/sqft:$960
Beds:5
Baths:5
Year Built:
Weight:18.8%
3949 Tilden Ave, Culver City, CA 90232

3949 Tilden Ave, Culver City, CA 90232

Sale: $1,860,000

12/18/20240.94 mi

Area:2,184 sqft
Price/sqft:$852
Beds:6
Baths:3
Year Built:
Weight:18.0%
3137 Hutchison Ave, Los Angeles, CA 90034

3137 Hutchison Ave, Los Angeles, CA 90034

Sale: $1,665,000

5/8/20251.37 mi

Area:2,264 sqft
Price/sqft:$735
Beds:5
Baths:4
Year Built:
Weight:17.9%

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