Adrienne Barr
This listing was posted on RealtyWW.
$11,250,000
Chesapeake Ave, Los Angeles, Home For Sale
Price:
$11,250,000
BR/BA:
5 BR, 10+ BA
Location:
3524 Chesapeake Ave, Los Angeles, CA
Description:
Built in 2021: 27 luxury units with in-unit washer and dryer Priced below replacement cost at $488 PSF and under $417K per unit 5.3% cap rate and 5.7% cap rate at proven market rents One-block away from the Metro Expo E Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica Incredible micro-location with five brand-new buildings on the block Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i75929464
Property Type:
Single-Family Houses
Amenities:
Washer Dryer
For sale by:
Agent/Broker
Posted:
September 14 on RealtyWW
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