NOT LISTED FOR SALE

3742 Motor Ave Los Angeles, CA 90034

Palms Neighborhood
3 Beds
9 Baths
6,557 Sq Ft
10,500 Sq Ft Lot

Last Sold August 18, 2014

Last sale price $2,600,000 $397 Per Sq Ft

14 Days on Market

About This Home

As of August 2014

CALL FOR OFFERS BY FRIDAY, JUNE 13th, 2014 at 3:00 PM PST.We are pleased to present 3742 Motor Ave. Apartments- a nineteen (19) unit multifamily investment located in the city of Los Angeles. The first structure of this two story, wood frame stucco building was constructed in 1941 and the additional structure was built in 1958 and and consists of 6,577 square feet of living area. The property contains ten (10) on-site parking spaces four (4) of which are located in the front, and six (6) located in the rear of the property. The property is situated on a10,542 square foot lot zoned C2. The unit mix at the property features four (4) Bachelor units, thirteen (13) Singles and two (2) 1bedroom/1bathroom units.

Last Agent to Sell the Property

Andre Melikian

Andre Melikian License #01068787 Listed on: 06/04/2014

Andre Melikian

Co-Listed By

Jonathan Prakash

Equity Union License #01483131

Last Buyer's Agent

Andre Melikian

Keller Williams-Santa Monica License #01068787

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 10,500 Sq Ft Lot

Home Design

  • 6,557 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 9 Bathrooms

Parking

  • 12 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 19 Units

Listing and Financial Details

  • Assessor Parcel Number 4314-004-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6557
  • Year Built: 1941
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 404.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 12

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 217002
  • Assessed Land Value: 152286
  • Assessor Parcel Number: 4314-004-013
  • Geocode Override: No
  • Lot Size Area: 10500

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.88
  • Number Of Units: 19
  • Total Annual Expense: 83765
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Sold $2,600,000 -1.9% $397 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $2,650,000 -- $404 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andre Melikian

    Andre Melikian

    (310) 720-7903

    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jonathan Prakash

    Equity Union

    (424) 600-7620

    6 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 14-766859

The MLS

California Los Angeles County Los Angeles 90034 Palms

3742 Motor Ave, Los Angeles, CA

This home is located at 3742 Motor Ave, Los Angeles, CA 90034 since 04 June 2014. This property was built in 1941. 3742 Motor Ave is a home located in Los Angeles County with nearby schools including Palms Elementary School, Palms Middle School, and Alexander Hamilton Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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