3347 Motor Avenue
- For Sale – $1,999,999
- Los Angeles, CA 90034
- Office | ±3,180 SF
Description
WESTMAC Commercial Brokerage Company is pleased to offer for sale 3347 Motor Avenue, an office building in the heart of Los Angeles’s Palms neighborhood. The property is ±3,180 square feet of building on ±3,754 square feet of land. The building features a balcony off the second floor, separate entrances to each unit in the front and the rear, and a gated parking lot with space for approximately eight vehicles (stacked). The building consists of two floors of approximately 1,700 square feet each. The first floor is currently owner-occupied, while the second floor is vacant. The property will be delivered fully vacant at the close of escrow, allowing an owner-user to take advantage of the entire building.
The location has excellent visibility along Motor Avenue in an area that sees a traffic volume of almost 15,000 cars per day. It has a Walk Score of 89 and a Bike Score of 80—perfect for exploring the many restaurants and shops the neighborhood has to offer. The subject property is a 10-minute walk to the Metro E line, connecting it to Santa Monica, Downtown LA, and beyond. Additionally, there is an on-ramp to the 10 freeway only two minutes from the subject property. The Santa Monica Airport is 10 minutes away, and LAX is less than a
30-minute drive from the property.
The Palms neighborhood of Los Angeles is a mix of vibrant commercial areas and residential streets. It lies north of Culver City, with Beverlywood, Cheviot Hills, and Rancho Park to the north, and Mar Vista to the
west. It is home to an affluent population with an average household income of approximately $120K within a one-mile radius and a median home value of $1.1M in the same radius. With its prime location, 3347 Motor Avenue offers a rare opportunity for businesses looking to establish a presence in one of the most dynamic and bustling commercial hubs of Los Angeles.
Details
- Offer For Sale
- Property Type Office
- Building Size 3,180 SF
- Land Size 3,754 SF
- Year Built 1958
- Year Renovated 2014
- Parking: Eight (8) tandem spaces
- Walk Score: 89 (Very Walkable)
- Zoning: LAC2
- APN: 4314-022-017
Highlights
- The property is located on Motor Avenue in the thriving Palms neighborhood. The Metro E Line and 10 freeway are minutes away, making the property very accessible from all over Los Angeles.
- Half of the building is currently owner operated. The second floor is leased to a tenant on a month-to-month basis. An owner-user could use the entire space, or continue leasing to the tenant for an additional income.
- The property is two stories, with a separate entrance in the front and the rear for both units, offering flexibility for an owner-user.
- Palms is a neighborhood with both vibrant commercial areas as well as dense residential neighborhoods populated by high net worth individuals. The average annual income within a one-mile radius of the subject property is approximately $120,000.
- Given the subject property’s central location, it is convenient to a long list of amenities, including grocery stores, restaurants, boutiques, coffee shops, and more.
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Address
3347 Motor Avenue
Los Angeles, CA 90034
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