Alta Realty Group
Alicia Hernandez, Alta Realty GroupPhone: (909) 680-1305
Email: RealtorAliciaH@gmail.com
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listing
1 of 6
CommercialFor Sale
$9,995,000
3524 Chesapeake Avenue
Los Angeles, CA 90016
Listed by: Adrienne Barr from Berkadia, abarr@berkadia.com
MLS: Datashare CLAW
23,056Sq Ft
Est. Mortgage
$51,692/mo

Don't Miss This....PRICE REDUCED by $1.25 Million! *Built in 2021: 27 luxury units with in-unit washer and dryer *Priced far below replacement cost at $434 PSF and $370K per unit *5.3% cap rate and 6.4% 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 six 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 Mar. 1; see Agent Remarks for property website.

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Information courtesy of Berkadia is subject to verification and is not guaranteed.
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