Alexander Masket
Responds Quickly
Compass
(323) 310-1876
29 Total Sales
1 in Palms
$2,200,000 Price
3831 Motor Ave Culver City, CA 90232
Palms Neighborhood
1
Bed
2
Baths
8,159
Sq Ft
7,546
Sq Ft Lot
Highlights
- Laundry Facilities
- Palms Middle School Rated A-
- Radiant Heating System
About This Home
As of April 2026This well maintained family owned 13 unit building is on the market for the first time in almost 30 years. Located in the coveted Palms neighborhood, the property is located South of Venice Blvd with a Culver City ZIP. The property consists of 13 total units with (10) 1bed 1ba units and (3) 0bed 1bath efficiency units spanning 8,159 square feet on a 7,550 square foot lot and 11 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.
Last Agent to Sell the Property
Jordan Polon Brokerage Phone: 818-860-2017 License #02121584 Listed on: 11/13/2025
Last Buyer's Agent
Jordan Polon Brokerage Phone: 818-860-2017 License #02121584 Listed on: 11/13/2025
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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
- 8,159 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
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
- Professional Management Expense $7,221
- Water Sewer Expense $5,210
- Operating Expense $61,016
- Gross Income $180,515
- Net Operating Income $114,084
Additional Features
- 13 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Palms, CA
-
Alexander Masket
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
49 Total Sales
1 in Palms
$970,000 Price
-
Roddy de la Garza
Roddy de la Garza
Responds QuicklyEpique Realty
(323) 615-1579
119 Total Sales
1 in Palms
$800,000 Price
-
Devin McNichol
Devin McNichol
Responds QuicklyKeller Williams Beverly Hills
(424) 544-8484
100 Total Sales
2 in Palms
$775K - $1.5M Price Range
-
John Dowd
John Dowd
Core Real Estate Group
(424) 372-0815
17 Total Sales
1 in Palms
$3,205,950 Price
-
Katherine Platt
Katherine Platt
Rainbow Realty
(949) 751-1756
93 Total Sales
1 in Palms
$660,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Sold | $2,045,000 | -10.9% | $251 / Sq Ft |
| 02/21/2026 02/21/26 | Pending | -- | -- | -- |
| 01/23/2026 01/23/26 | Price Changed | $2,295,000 | -4.2% | $281 / Sq Ft |
| 12/20/2025 12/20/25 | Price Changed | $2,395,000 | -4.0% | $294 / Sq Ft |
| 11/26/2025 11/26/25 | Price Changed | $2,495,000 | -2.2% | $306 / Sq Ft |
| 11/13/2025 11/13/25 | For Sale | $2,550,000 | -- | $313 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Jordan Polon
J
Seller's Agent in 2026
Jordan Polon
Jordan Polon
(818) 332-1423
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25259772
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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