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- LoopNet Team
3641 Motor Ave
Los Angeles, CA 90034
3641 Motor Avenue · Land For Sale
·
0.17 AC
INVESTMENT HIGHLIGHTS
- Motivated Seller. Build up to 63 Units using new CHIP OC-3 density bonus rules. Only $47,539 per Buildable Door in Prime West LA.
- Over $200,000 value in having permits already pulled. Permits to be assigned to Buyer at close of escrow.
- Lot measures 7,998.7 square feet to the center of the alley
- Property is fully entitled and permits ALREADY PULLED for a 30-unit, 24,000 sq.ft. project
- Existing plans can be scrapped in favor of utilizing a CHIP-OC3 density bonus o maximize density to up to 63 units
- Great location with 0.5 miles of the Palms Metro Line Station and access to top-rated restaurants like Citizen Public Market and Versailles
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.17 AC |
| Zoning | C2-1 - Commerical | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.17 AC |
| Zoning | C2-1 - Commerical |
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.
