8 months on rocket

3631 Motor Ave, Los Angeles, CA, 90034

$2,900,000

6 Bedrooms
4 Baths
2,793 SqFt
$1,038/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCovered, Garage, Garage Door Opener
Garage4 spaces
Year Built1942
MLS #24362585
Lot Size0.17 Acres
StatusActive

About 3631 Motor Ave

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
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3631 Motor Ave vs Los Angeles

262 DAYS ON ROCKET

+224 Days

$2,900,000

+$1.8M More

$1,038/SqFt

+$397 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $397/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

IDX 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: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 14, 2012Home Sold
$875,000
Jul 23, 1999Home Sold
$170,000
Jul 23, 1999Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
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

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,761

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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.

Nearby Schools

school-card-donut-416791
4
/10
  • Palms Elementary

  • 3520 Motor Ave

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-416792
5
/10
  • La Ballona Elementary School

  • 10915 Washington Blvd

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-416793
6
/10
  • Linwood E. Howe Elementary School

  • 4100 Irving Pl

  • 0.85 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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. Most families are single, no kids. Most 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.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900343631 Motor Ave

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.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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