Premier Business Centers




The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 24, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Upscale Apartment Development in L.A.’s Ladera Heights/Westchester Area is Completed

3/06/19

Legacy Knowlton, a new, luxurious residential development in the Ladera Heights/Westchester neighborhood of Los Angeles, near Los Angeles International Airport, has officially opened to the public. The 36-unit project, located at 6944 Knowlton Place, just south of Centinela Ave and La Cienega Blvd, is a development of Strategic Legacy Investment Group Inc and Subsidiaries (SLIG).

The 45k sf building features a striking contemporary design with three floors of residential homes over a single parking level providing 60 spaces. The development consists of a unit mix of nine one-bedrooms, 21 two-bedrooms and six three-bedrooms, of which a portion of these are allocated to low-income housing. These residences range in size from 750 sf to 1.5k sf. This site originally consisted of three houses and will now serve over 60 people.

The pet friendly development boasts an array of desirable amenities, such as a luxurious rooftop BBQ lounge, a rooftop fire pit, dog park, private lounge area, jacuzzi spa, fitness center and lush landscaping throughout the property. Along with an onsite property manager, Strategic Legacy Management Corp, a subsidiary of SLIG, will be professionally marketing and leasing the property.

Legacy Knowlton is located close to LAX and the 405 Freeway. It is also near the highly desirable El Segundo and Silicon Beach areas. The building was finished by award winning interior architect, Sanna Pollanen, from The Interior Studio. Overseeing the project for SLIG are Emanuel Sabet, Senior Project Manager and Sean Baghdasian, Assistant Project Manager. Michael Sabet served as the project coordinator.

The total estimated project value for Legacy Knowlton is $18,850,000, of which 39% was funded by individual investors through their IRAs, 401Ks and other retirement plans.

"We chose this site because we saw this neighborhood as being underserved when it comes to new, high-end residential developments,” commented Abraham Mehrian, President of SLIG. “This market needed these types of residences with theses amenities and finishes, which have not been seen in this community before.”





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media