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Motor Ave 2 Properties Offered at $5,795,000 in Los Angeles, CA
EXECUTIVE SUMMARY
WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 3375-3387 Motor Avenue, a corner property comprised of two [2] buildings totaling approximately 9,245 square feet on four [4] parcels totaling approximately 18,540 square feet of land. With ample term left on both leases, a developer can enjoy triple net income while entitling a future development.
The subject property is located within Los Angeles’s MU(EC) zone [Mixed-use (Exposition Corridor)]and falls under the Exposition Corridor Transit Neighborhood Specific Plan. The Exposition Corridor Transit Neighborhood Specific Plan allows for developers to build to a maximum FAR of 3.6 (w/bonus) or 2.0 FAR (by right), and a maximum height of 58 feet.
This is a rare opportunity to purchase a transit-oriented, residential mixed-use development opportunity. The location benefits from immediate proximity to the 10 and 405 Freeways, Palms Metro E Line Station, as well as proximity to major employers in the surrounding major tech, entertainment and media industries including Sony Pictures Entertainment, Amazon Studios, Apple, Fox Studios, and many more.
The subject property is located within Los Angeles’s MU(EC) zone [Mixed-use (Exposition Corridor)]and falls under the Exposition Corridor Transit Neighborhood Specific Plan. The Exposition Corridor Transit Neighborhood Specific Plan allows for developers to build to a maximum FAR of 3.6 (w/bonus) or 2.0 FAR (by right), and a maximum height of 58 feet.
This is a rare opportunity to purchase a transit-oriented, residential mixed-use development opportunity. The location benefits from immediate proximity to the 10 and 405 Freeways, Palms Metro E Line Station, as well as proximity to major employers in the surrounding major tech, entertainment and media industries including Sony Pictures Entertainment, Amazon Studios, Apple, Fox Studios, and many more.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$312,996
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $312,996 |
PROPERTY FACTS
| Price | $5,795,000 | Status | Active |
| Price / SF | $626.83 / SF | Number of Properties | 2 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Cap Rate | 5.40% | Total Building Size | 9,245 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.43 AC |
| Price | $5,795,000 |
| Price / SF | $626.83 / SF |
| Sale Condition | Redevelopment Project |
| Cap Rate | 5.40% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,245 SF |
| Total Land Area | 0.43 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3375 Motor Ave, Los Angeles, CA 90034 | Flex | 3,605 SF | 1946 | - |
| 3387 Motor Ave, Los Angeles, CA 90034 | Retail | 5,640 SF | 1961 | - |
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