3831 Motor Ave - Apartments FOR SALE


Culver City, CA 90232- Washington Culver
$2,550,000 USD
818-332-1423
3831 Motor Ave, Culver City, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/11
null | 4.34% Cap Rate

3831 Motor Ave
Culver City, CA 90232
Washington Culver


OVERVIEW

Located in the highly sought-after Culver City sub market, 3831 Motor Avenue offers an exceptional upside opportunity with substantial rent growth potential. The property consists of thirteen total units with a three 0+1 efficiency units and ten 1+1 bedroom units spanning 8,159 square feet on a 7,550 square foot lot and 13 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.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

13

PRICE/UNIT

$196,154

CAP RATE

4.34%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,413 SF

ZONING

C2-1, Los Angeles

APN/PARCEL ID

4208-007-023

ASK ABOUT THIS PROPERTY

Jordan PolonLBPMMore Info
818-332-1423

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Jordan PolonLBPMMore Info
818-332-1423

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