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$2,900,000
Est. payment /mo
6 Beds
4 Baths
2,793 SqFt
UPDATED:
12/05/2024 12:49 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,793 sqft
Price per Sqft $1,038
MLS Listing ID 24362585
Bedrooms 6
HOA Y/N No
Year Built 1942
Lot Size 7,501 Sqft
Lot Dimensions Assessor
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.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning MU-EC
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Covered, Garage, Garage Door Opener
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 4
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4314008010
Special Listing Condition Standard
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Listed by Daniel John Cavanaugh • Cavanaugh Realtors
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908