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
Property Features
Property Information:
Year Built: 1942
Stories: 2
Living Area: 2,793 SqFt
Listing Office:
Office Name: Cavanaugh Realtors
Office Phone: (310) 837-7161
Listing Agent: Daniel John Cavanaugh
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: Covered, Garage, Garage Door Opener
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: West side of Motor Avenue, north of Venice, south of Palms
Price Information
Listing Price Info
Price Summary:
List Price: $2,900,000
Price Per SqFt: $1,038/SqFt
Tax Information:
Annual Amount: $12,530
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.8M more than the Median Sold Price and $398/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24362585
Listing Office:
Office Name: Cavanaugh Realtors
Office Phone: (310) 837-7161
Listing Agent: Daniel John Cavanaugh
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 14, 2012
Feb 14, 2012Home Sold
$875,000
Jul 23, 1999
Jul 23, 1999Home Sold
$170,000
Jul 23, 1999
Jul 23, 1999Home Sold
$170,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,530
$1,015,343
2020
$12,164
$1,004,933
2019
$12,023
$985,230
2018
$11,769
$965,913
2017
$11,769
$946,975
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.5K
Per Month
Principal & Interest
$14.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,761
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Palms Elementary
3520 Motor Ave
Distance between this listing and this school0.14 miles
Public District Grades KG-5
5
/10
La Ballona Elementary School
10915 Washington Blvd
Distance between this listing and this school0.73 miles
Public District Grades KG-5
6
/10
Linwood E. Howe Elementary School
4100 Irving Pl
Distance between this listing and this school0.85 miles
Public District Grades KG-5
Nearby Schools
9
/10
Magnolia Science Academy 6
3754 Dunn Dr
Distance between this listing and this school0.40 miles
Public Charter Grades 6-8
6
/10
Palms Middle School
10860 Woodbine St
Distance between this listing and this school0.54 miles
Public District Grades 6-8
6
/10
Culver City Middle School
4601 Elenda St
Distance between this listing and this school1.27 miles
Public District Grades 6-8
Nearby Schools
3
/10
Cheviot Hills Continuation
9200 Cattaraugus Ave
Distance between this listing and this school1.15 miles
Public District Grades 9-12
7
/10
Alexander Hamilton High School
2955 S Robertson Blvd
Distance between this listing and this school1.18 miles
Public District Grades 9-12
8
/10
Culver City High School
4401 Elenda St
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $41,719. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3631 Motor Ave
What is the listing price of this property?
The listing price of 3631 Motor Ave property is $2,900,000.
What type of property is this?
The property 3631 Motor Ave is a house located in Los Angeles, California, 90034.
Is this property for sale now?
Active Listing: 3631 Motor Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,530 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 14, 2012 for $875,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3631 Motor Ave has 6 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 3631 Motor Ave is 2,793 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3631 Motor Ave is 1942.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3631 Motor Ave in Los Angeles, CA and zip code 90034 in the Palms neighborhood. This 2,793 square foot home, which was built in 1942, sits on a 0.17 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $2,900,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Music Concerts
Music Concerts
Art Museums
Major League Soccer (MLS)
H&M
Bloomingdales
Banana Republic
Chipotle
Starbucks
Jack In The Box
Volkswagen
Audi
Toyota
Rhythmic Contemporary Hits
News
Jazz