On the Market: 5 Interesting Listings for the Week of 1/30

Recent listings include a vintage asset in a North Carolina vacation town and a mixed-use community in San Francisco located across the street from City College.

On the Market is a weekly department curating the most interesting recent for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.

biltmoreBiltmore Village Condos

Location: Asheville, N.C.

Price: $5.5 million

Building Size: 19,364 SF

Units: 11

Features: Built in 1931 but converted to luxury condo community in 2005; zoning allows for short-term vacation rentals; located less than five minutes from downtown Asheville; fully furnished condo units include two bedrooms and two baths, updated kitchens and fireplaces; off-street parking for 30 vehicles; Asheville rated as one of the top 12 travel destinations in the world by Frommer’s.

Contact: Janet Whitworth, Premier Sotheby’s International Realty, 828-768-1808

ocean ave1117-1125 Ocean Ave

Location: San Francisco, Calif.

Price: $11 million

Price/Unit: $916,666.67

Building Size: 19,486 SF

Units: 12

Features: Mixed-use building built in 2005; no rent control; offered below replacement cost at $565/SF; located across the street from Whole Foods and City College; transportation options to downtown and the Peninsula via Muni and nearby Balboa Park BART station.

Contact: Alexander Kolovyansky, Vanguard Properties, 415-975-7450

laCarondelet Tower Apartments

Location: Los Angeles, Calif.

Price: $9.6 million

Price/Unit: $200,000

Building Size: 31,500 SF

Units: 48

Features: Constructed in 1914; unit mix consists of 34 studios, six one-bedroom/one-bathroom, and eight two-bedroom/one-bathroom units; recent updates to common areas include wood flooring, new paint, secure access and security cameras; elevator and laundry room onsite.

Contact: Henry Garcia, Keller Williams Commercial Division, 818-432-1690

chicagoKeystone Court Condominiums

Location: Chicago, Ill.

Price: $7.2 million

Price/Unit: $182,500

Building Size: 33,045 SF

Units: 39

Features: Vintage courtyard property in Old Irving Park Neighborhood; current unit mix consists of 35 two-bed/one-bath, two two-bed/one-bath and one one-bed/one-bath units; located less than a half mile from Irving Park Metra station, Blue Line CTA station and Kennedy Expressway, which provides easy access to downtown and O’Hare Airport.

Contact: Doug Imber, Essex Realty Group, 773-305-4902

bellaBella Gardens

Location: Phoenix, Ariz.

Price: $8.9 million

Price/Unit: $41,939.25

Building Size: 98,035 SF

Units: 214

Features: Unit mix consists of 36 percent studios and 64 percent one-bedroom units; property is master-metered for electricity; three schools within one mile of property; shopping centers, hospitals and Maryvale Stadium all located within close proximity; located near distribution/warehouse district employment center.

Contact: Bill Hahn, Colliers International, 602-222-5105