3831 Motor, Culver City, CA 90232
- $2,045,000
- Sold Price
- $2,045,000
- List Price
- $2,295,000
- Closing Date
- Apr 01, 2026
- Status
- CLOSED
- MLS#
- SR25259772
- Year Built
- 1966
- Lot Size
- 7,546
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 100
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
This well maintained family owned 13 unit building is on the market for the first time in almost 30 years. Located in the coveted Palms neighborhood, the property is located South of Venice Blvd with a Culver City ZIP. The property consists of 13 total units with (10) 1bed 1ba units and (3) 0bed 1bath efficiency units spanning 8,159 square feet on a 7,550 square foot lot and 11 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.
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Additional Information
- Pool Description
- None
- Heat
- Radiant
- Cooling Description
- None
- Roof
- Flat
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 13
- Gross Scheduled Income
- $180,515
- Operating Expense
- 61016
Listing courtesy of Listing Agent: Jordan Polon (Jpolon@lbpm.com) from Listing Office: LB Property Management Inc.
Listing sold by Jordan Polon from LB Property Management Inc
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.