$11,250,000
Active
24 Days Online
36 Beds36 Baths23,056 SQFT
Active
3524 Chesapeake Avenue Los Angeles, CA 90016
*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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID Number24436897
- Home Size Source Other
- Year Built2021
- Lot Size0.2941 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 3524 Chesapeake Avenue Los Angeles, CA 90016
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General Features
- Parking GatedCommunity StructureCoveredSide by Side
- Parking Spaces 16
- Number of Stories Three Or More4
- Acreage 0.2941
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Appliances DishwasherDisposalMicrowaveRefrigerator
- Laundry Features Washer IncludedDryer Included
Community Features
- Senior Community No
- MLS Area PHHT - Park Hills Heights
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Monthly Payment (Est.)
$54,423Copyright ©2024 Information is deemed reliable but not guaranteed.