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    15,000 SF Lot with Building Title is generated by Realmo AI

    3328-3332 Motor Ave, Los Angeles, CA

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    15,000 SF lot with 1,600 SF building for sale.

    Type:LAND
    Property size:
    15,000 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $393/SF
    Added:
    Jan 17, 2025
    Days on Market:
    513
    Last Refresh:
    May 20 at 8:42 pm

    Property Features for 3328-3332 Motor Ave

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    0.17 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    T.C. Macker

    Listing agent T.C. Macker License #CA 01232033

    Listing office WESTMAC Commercial Brokerage Company

    Listing date Jan 17, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of WESTMAC Commercial Brokerage Company

    HighLights

    • 15,000 SF Lot Size
    • MU (EC) Zoning
    • Ideal For Parking Lot Use
    • Features a 1,600 SF Building
    • Exposition Corridor Location
    • Neighborhood Transit Specific Plan

    Overview

    This property features a 15,000-square-foot lot with a 1,600-square-foot building. It is ideally suited for parking lot use. The property is zoned MU (EC) and is located in the Exposition Corridor, within the Neighborhood Transit Specific Plan.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $554.4k $36.96
    − Vacancy −$57.1k −$3.81
    EGI $497.3k $33.15
    − OpEx −$149.2k −$9.95
    NOI $348.1k $23.21
    15,000 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.97M
    $4.35M – $5.80M (±1% cap)
    NOI $348,108 @ 7.0% cap · market cap 5.90%
    Second Best
    Industrial
    $2.66M
    $2.33M – $3.11M (±1% cap)
    NOI $186,339 @ 7.0% cap · market cap 3.16%
    Theoretical Best
    Multifamily LT 5
    $303.89M
    $265.90M – $354.54M (±1% cap)
    NOI $21,272,370 @ 7.0% cap · market cap 360.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

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    • United Van Rentals — 3415 S Sepulveda Blvd #1100, Los Angeles, CA 90034
    • InstaCar LA — 3415 S Sepulveda Blvd #1100, Los Angeles, CA 90034

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.41
    Latitude
    34.0288

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    FAQs

    What type of property is this?
    Parking lot & garage - 15,000 SF lot with 1,600 SF building for sale.
    Where is this parking lot & garage located?
    The property is located at 3328-3332 Motor Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: 15,000 SF Lot Size; MU (EC) Zoning; Ideal For Parking Lot Use
    (310) 478-7700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    T.C. Macker
    Real Estate License ID: CA 01232033
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