$2,550,000

3831 Motor Ave Culver City, CA 90232

Palms Neighborhood

Estimated payment $15,990/month

1 Bed
-- Bath
8,159 Sq Ft
$313 Price per Sq Ft

About This Home

Located in the highly sought-after Culver City sub market, 3831 Motor Avenue offers an exceptional upside opportunity with substantial rent growth potential. The property consists of thirteen total units with a three 0+1 efficiency units and ten 1+1 bedroom units spanning 8,159 square feet on a 7,550 square foot lot and 13 parking spaces. Recent upgrades include a new water heater installed in 2023, new concrete driveway poured in 2025, and a completed soft-story seismic retrofit in 2025, providing an opportunity for a buyer to focus on cosmetic upgrades. Given the property’s zoning, generous lot layout, and existing parking configuration, there is strong potential for the addition of one or more ADUs to further enhance income and long-term value. Comparable sales in the immediate Culver City and Palms submarkets reflect price-per-unit averages near $270,000. This property presents an opportunity to enter the market at a low cost per unit with significant upside.

Listing Agent

Jordan Polon

LB Property Management Inc Brokerage Phone: 818-860-2017 License #02121584 Listed on: 11/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 7,546 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • 5 Carport Spaces

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 1 Bedroom
  • 8,159 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 23 / 1007
  • Tax Tract Number 269903
  • Assessor Parcel Number 4208007023
  • $1,598 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 13 Separate Electric Meters
  • Electric Expense $5,210
  • Fuel Expense $500
  • Gardener Expense $1,200
  • Insurance Expense $6,500
  • Maintenance Expense $6,500
  • Other Expense $1,365
  • Professional Management Expense $7,221
  • Water Sewer Expense $5,210
  • Operating Expense $64,306
  • Gross Income $180,515
  • Net Operating Income $110,794

Additional Features

  • 13 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.34
  • Professional Management Expense: 7221.00
  • Property Attached: No
  • Water Sewer Expenses: 5210.00
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4208007023
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 312.54

Exterior Features

  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7546.00
  • Lot Size Acres: 0.1732

Multi Family

  • Electric Expense: 5210.00
  • Fuel Expense: 500.00
  • Gross Income: 180515.00
  • Gross Scheduled Income: 180515.00
  • Insurance Expense: 6500.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7546.0000 Square Feet
  • Maintenance Expense: 6500.00
  • Net Operating Income: 110794.00
  • Number Of Separate Electric Meters: 13
  • Number Of Units Total: 13
  • Operating Expense: 64306.00
  • Other Expense: 1365.00
  • Rent Control: Yes
  • Total Expenses: 64306.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 1007
  • Tax Lot: 23
  • Tax Rate: 1.19
  • Tax Tract Number: 269903
  • TaxOtherAnnualAssessmentAmount: 1597.80

Map

Range of Values:

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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 List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $2,550,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25259772

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Culver City 90034 Palms

3831 Motor Ave, Culver City, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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Listing Agent
Jordan Polon
Section Image
LB Property Management Inc
(424) 842-2463