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21241532
21241533

3328 Motor Ave, Los Angeles, CA 90034

BH
CA CA 01429000
WESTMAC
TM
CA 01232033
WESTMAC
WC
02072494
WESTMAC
Listed by WESTMAC
$4,950,000
532 days on market
Updated 68 days ago

3328-3332 Motor Avenue

Details
APN 4314-023-017; 018
Property Type Land
Sub Type Commercial
Lot Size (SqFt) 15,000
Zoning MU (EC); Exposition Corridor Neighborhood Transit Specific Plan

Development Opportunity in Palms | 15,000 SF

Marketing description

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 3328-3332 Motor Avenue, a property comprised of two parcels totaling 15,000 square feet of land—an excellent development opportunity in the Palms neighborhood in West LA.

The subject property is located within Los Angeles’s MU(EC) zone (Mixed-use (Exposition Corridor)) and falls under the Exposition Corridor Transit Neighborhood Specific Plan. The Exposition Corridor Transit Neighborhood Specific Plan allows for developers to build to a maximum FAR of 3.6 (w/bonus) or 2.0 FAR (by right), and a maximum height of 58 feet.

This is a rare opportunity to purchase a transit-oriented, residential mixed-use development opportunity. The location benefits from immediate proximity to the 10 and 405 Freeways, Palms Metro E Line Station, as well as proximity to major employers in the surrounding major tech, entertainment and media industries including Sony Pictures Entertainment, Amazon Studios, Apple, Fox Studios, and many more.

Listing Contacts

BH
CA CA 01429000
WESTMAC
TM
CA 01232033
WESTMAC
WC
02072494
WESTMAC
Listed by WESTMAC

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Additional Information

Name
Brian Hart
License
CA 01429000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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