3631 Motor Ave Los Angeles, CA 90034
Palms NeighborhoodEstimated payment $16,580/month
Highlights
- Air Conditioning
- Laundry Room
- 4 Car Garage
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,547
Year Built
- Built in 1942
Lot Details
- 7,502 Sq Ft Lot
- Lot Dimensions are 50 x 150
Parking
- 4 Car Garage
- Garage Door Opener
Home Design
- Split Level Home
Interior Spaces
- 2,793 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Air Conditioning
Community Details
- 4 Buildings
- 4 Units
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 4314-008-010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $13,547 | $1,099,035 | $879,232 | $219,803 |
2024 | $13,547 | $1,077,487 | $861,993 | $215,494 |
2023 | $13,294 | $1,056,361 | $845,092 | $211,269 |
2022 | $12,693 | $1,035,649 | $828,522 | $207,127 |
2021 | $12,530 | $1,015,343 | $812,277 | $203,066 |
2019 | $12,164 | $985,230 | $788,186 | $197,044 |
2018 | $12,024 | $965,913 | $772,732 | $193,181 |
2016 | $11,494 | $928,408 | $742,727 | $185,681 |
2015 | $11,330 | $914,463 | $731,571 | $182,892 |
2014 | $11,388 | $896,551 | $717,241 | $179,310 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/26/2024 02/26/24 | For Sale | $2,900,000 | +231.4% | $1,038 / Sq Ft |
02/14/2012 02/14/12 | Sold | $875,000 | -2.7% | $313 / Sq Ft |
12/13/2011 12/13/11 | Pending | -- | -- | -- |
10/15/2011 10/15/11 | For Sale | $899,000 | -- | $322 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Grant Deed | -- | Equity Title | |
Grant Deed | $875,000 | North American Title Company | |
Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
Interfamily Deed Transfer | -- | First American Title Co | |
Interfamily Deed Transfer | -- | First American Title Co | |
Interfamily Deed Transfer | -- | Provident Title | |
Grant Deed | $170,000 | North American Title Co | |
Grant Deed | $170,000 | North American Title Co | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $200,000 | New Conventional | |
Previous Owner | $720,000 | New Conventional | |
Previous Owner | $580,000 | Credit Line Revolving | |
Previous Owner | $400,000 | Purchase Money Mortgage | |
Previous Owner | $650,000 | Purchase Money Mortgage | |
Previous Owner | $320,000 | New Conventional | |
Previous Owner | $272,000 | Purchase Money Mortgage |
Source: The MLS
MLS Number: 24-362585

APN: 4314-008-010
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