Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    City Lights

Area & Lot

  • Lot Size(acres)

    0.1722

  • Property Type

    Land

Price

  • Sales Price

    $2,995,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

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Listing Courtesy of Oron Maher , Maher Commercial Realty

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Seller is motivated and will consider all reasonable offers. 3641 Motor Avenue is a rare, ready-to-go development opportunity in prime West Los Angeles. The property is fully entitled for a 30-unit, six-story mixed-use project with permits already pulled  saving the buyer an estimated $200,000+ in permit fees and months of time. Approved plans call for approximately 24,000 SF, including 15 one-bedroom and 15 two-bedroom units (3 ELI units), 3,375 SF of open space (featuring a 2,580 SF rooftop deck), one level of subterranean parking, and ground-floor retail.  Developers also have the option to dramatically increase density: under CHIP OC-3 and other state/local housing incentives, the site can accommodate up to 63 units with no parking through a ministerial, streamlined process 73% of which can be market rate. The flexibility between the current RTI plans and higher-density alternatives provides multiple exit strategies. Located near the Palms Metro Line Station, Helms Bakery District, Citizen Public Market, and top-tier restaurants, this high-visibility Motor Avenue site offers strong demand drivers and easy access to the 10 and 405 freeways.

3641 Motor Avenue

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We are pleased to present an eight (8) lot development portfolio that can be delivered RTI to build a single-family residence community located at 3620 N Inglis Drive - 3586 N Mimosa Drive, Los Angeles, California. This portfolio is situated in a prime neighborhood of Northeast Los Angeles known as Glassell Park, south of Eagle Rock Boulevard and east of the Glassell Park recreation center. Zoned RE11-1-HCR, this portfolio contains eight (8) standard sized lots consisting of 51,333 combined square footage. Each lot features 2017 plans with a full soil report and soil/grading approval. The current architect has a clear path to re-entitlement and RTI along with an option to add ADUs on each site. Each lot can be delivered RTI for eight (8) single-family homes, or one on each lot. The homes average 2,149 SF with 4-bedrooms and 3-bathrooms on each. All homes go up three stories with ground floor garage parking, master bedroom layouts, and dedicated living, family, and dining areas. Residents will enjoy the large balconies and sprawling rooftop decks that make incredible use of the beautiful 180-degree hillside views of the Glassell Park rec center into Glendale's Forest Lawn and Atwater. Situated in a prime Glassell Park location, this offering presents an excellent opportunity for any merchant builder to capitalize on a tried-and-true product type with an option for the current architect to add ADUs in a low-velocity, high demand submarket of Los Angeles.
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*4632 Lexington Ave – Prime Vacant Land in East Hollywood*



Archetype Commercial Realty is pleased to present a rare development opportunity at 4632 Lexington Ave., a vacant LARD1.5-zoned lot in the highly desirable East Hollywood neighborhood. Situated adjacent to the Hollywood Hotel and just minutes from Silver Lake and Santa Monica Blvd., this ±8,266 SF paved lot presents multiple possibilities for investors and/or developers. The Vacant Land previously housed an 8-unit, two-story building that was demolished in 2000. The land is currently paved, and the sewer line was capped at the time of demo. Buyers are advised to conduct their own due diligence regarding ease of accessibility to utilities, development potential, and current site conditions. 



With its central location and zoning, this site offers a great opportunity to yield an exceptional return whether it be a multi-family development or potentially exploring leasing options such as additional parking (subject to City approval) for nearby properties. Positioned in a Transit Priority Area and just off Vermont and nearby Santa Monica Blvd, the location offers excellent access to public transportation and is walkable to some of L.A.’s most vibrant shops, cafes, and restaurants. There is endless potential in one of L.A.’s most active submarkets.



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$2,550,000

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An RTI Project consisting of a 106 Unit Residential Development Project located in the City of Los Angeles on the corner of Western Ave and 108th St. The project is for the demolition of an existing commercial building and the constructions of a new (5) Five-Story, 61’5” tall, 100% residential development. This project includes 83 units for Low Income, 22 units for Moderate Income and 1 market rate manager’s unit. The gross area of the building is 57,690 SF. As a 100% affordable housing project, no residential parking is required. The property is near several Metro Bus stops and provides 78 long term bicycle parking stalls for its residents.  This project met all ED1 eligibility criteria and has received Bonus Incentives such as additional 3 stories taller, No parking requirement, Floor Area Ratio (FAR) of 3.30:1, Reduced open space requirements, and reduced setbacks for the building. The Metro Train station is located along the 105 Fwy & Crenshaw and 105 & Vermont/Athen Stations. The property is also located a short distance to LA Southwest College and various public and charter schools. With some projects taking over 1 yr to get approved, this project is ready with approved plans that has maximized the Cost/Unit for a Developer and that can start construction immediately. For More information please call to get the detailed marketing flyer.
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Located at 5879 Crenshaw Blvd, Los Angeles 90043, the site sits on an approx. 8,418 SF lot zoned LAC2-2D-SP. The property is conveniently situated on the heavily trafficked, major North-South artery of Crenshaw Blvd, surrounded by neighboring essential retail and directly adjacent to Metro Line - Hyde Park Station. Listed for sale at $2,500,000, with a price per buildable unit of approximately $65,789. After completing our development analysis, we believe the development will feature 38 units with TOC tier 4 or even more units with 100% affordable. The property falls under several strategic zoning designations: LAC2- 2D-SP, Transit Oriented Communities (TOC) Tier 4, RPA Crenshaw/Slauson, a Hubzone, and the Los Angeles State Enterprise Zone. Positioned at the intersection of Crenshaw Blvd and W. 59th St, it is just one block from the K Line station at Crenshaw and Slauson. According to Governmental Code 69515, any 100% affordable housing can have unlimited density if it is located 0.5 mile within a Major Transit Stop. This property is part of the transformative developments along the Crenshaw Boulevard corridor, which have been spurred by the arrival of the K Line. It joins other affordable housing projects in the area, such as the Depot at Hyde Park and Hope on Hyde Park apartments.Currently, the site has a small vacant church and vacant duplex, both are ready for demo. This offering presents a unique redevelopment opportunity for investors seeking a feasible project in one of South L.A.'s strongest rental pocket.Buyer to verify all information.
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$2,399,000

MLS#: OC25102562

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