Chesapeake Avenue Los Angeles, California 90016, United States
The Commercial for Sale located at Chesapeake Avenue Los Angeles California 90016 is currently for Sale, Chesapeake Avenue Los Angeles California 90016 is listed for $10,795,000. If the property located at Chesapeake Avenue Los Angeles California 90016 isn't what you're looking for, search California Real Estate to see other Commercial for Sale in Los Angeles .
MLS#: 371592933
$10,795,000 USD
- Minimum sellable space
- 1,900m² (20,449ft²)
Property features
Construction details
- Year built
- 2021
Area
- Property size
- 1,900m² (20,449ft²)
- Land/Lot size
- 1,275m² (13,727ft²)
- Cooling system
- Central AC
- Heating system
- Central
Description
Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.
Location
Listing Contact: 949-322-7779
