3655 Motor Avenue
Los Angeles, CA 90034
- – beds
- – baths
- – sqft
- 7,263 sqft lot
- 2006 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 8, 2025
•
MLS# 25532519 —
The Building
-
Year Built:2006
-
Year Built Source:Assessor
-
New Construction:No
-
Building Area Total:10050.00
-
Total Number Of Units:12
-
# of Buildings:1
-
Faces:East
Interior
-
Features:Ceiling Fan(s)
-
Levels:Three Or More, Multi/Split
-
Entry Location:Main Level
Location
-
Directions:East of Overland Ave., north of Venice Blvd., west of Jasmine Ave., south of Palms Blvd., on the west side of Motor Ave.
-
Latitude:34.02345200
-
Longitude:-118.40670500
The Property
-
Property Type:Residential Income
-
Zoning:LAC2
-
Lot Size Area:7263.0000
-
Lot Size Acres:0.1667
-
Lot Size SqFt:7263.00
-
Lot Size Source:Assessor
-
View:None
-
Security Features:Gated Community, Card/Code Access
-
Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:4314008050
Heating & Cooling
-
Heating:1
-
Heating:Central
-
Cooling:Yes
-
Cooling:Central Air
Appliances
-
Appliances:Dishwasher, Disposal, Refrigerator
-
Included:Yes
The Community
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Assigned, Controlled Entrance, Covered, Gated, Street, Private, Side by Side, Tandem Garage
-
Parking Spaces:22.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Listed / Active | CRMLS_CA | $5,650,000 | 22.8% (2.4% / YR) |
|
11/3/15
Nov 3, 2015
|
CRMLS_CA | $4,600,000 |
