3264 Motor Ave - Restaurant FOR SALE


Los Angeles, CA 90034- Palms
$1,900,000 USD
310-658-3375
3264 Motor Ave, Los Angeles, CA for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

Mar '26


3264 Motor Ave
Los Angeles, CA 90034
Palms


HIGHLIGHTS

  • Front Retail Space has a Certificate of Occupancy: Cafe/Retail Uses
  • High-ceilings {13.5 Feet} - Warehouse Approximately 1,025 SF w/ 16.5' X 10.5' Ground-level Roll Up Door
  • Private Rear Patio Between Both Structures - 2 Meters w/Upgraded Power
  • 2nd Floor: 1-bedroom, 1-bathroom apartment / Approximately 750 SF - Vacant
  • Property Could Be Delivered Vacant or Lease-back Mutually Agreed Upon

OVERVIEW

Kidder Mathews has been retained as the Exclusive Agent representing two free-standing buildings, next to the intersection of National Blvd and Motor Avenue. Situated adjacent to the Santa Monica Freeway in the heart of Palms Submarket. Both buildings are currently being used a single-tenant property, with the total rentable square footage on the ground-floor currently being used as an Art School for the last 2 decades (approximately +/- 2,100 square feet). The 2nd floor apartment which is approximately 750 square feet is currently vacant and in rentable turnkey condition. The property features a driveway along the southern portion of the parcel providing several secured parking spaces. The buildings are divisible with two separate electrical meters. The premises could be delivered vacant at the close of escrow or Seller would entertain a short-term leaseback period after closing. Ideal headquarter location with a live/work component for an owner-user, who could purchase with highly leveraged SBA or Conventional financing.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$693 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Palms Cafe Opportunity w/Warehouse + Apt.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

NI(EC) -Hybrid Industrial

APN/PARCEL ID

4314-024-005

ASK ABOUT THIS PROPERTY

Jay MartinezKidder MathewsMore Info
310-658-3375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jay MartinezKidder MathewsMore Info
310-658-3375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.