Motor Ave 2 biens • À vendre 7 981 512 $ CAD • Los Angeles, CA

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 3375-3387 Motor Avenue, a corner property comprised of two [2] buildings totaling approximately 9,245 square feet on four [4] parcels totaling approximately 18,540 square feet of land. With ample term left on both leases, a developer can enjoy triple net income while entitling a future development.
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.