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$9,995,000

223 Days On Site

3524 Chesapeake Avenue
Los Angeles, CA 90016

For Sale|Residential Income|Active
36

Beds
0

Full Baths
0

Partial Baths
23,056

SqFt
$434

/SqFt
2021

Built
County:
Los Angeles
Listed by Adrienne Barr of Berkadia [email protected]

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(805) 635-7994

3524 Chesapeake Avenue3524 Chesapeake Avenue3524 Chesapeake Avenue3524 Chesapeake Avenue
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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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Listing Snapshot
Price 
$9,995,000
Days On Site 
223 Days
Bedrooms 
36
Inside Area (SqFt) 
23,056 sqft
Total Baths 
36
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2941 Acres
Year Built 
2021
MLS® Number 
24436897
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
5 days ago Listing updated with changes from the MLS®
2 months ago Price changed to $9,995,000
7 months ago Listing first seen on site
General Features
Acres 
0.2941
Disclosures 
RentControl
Number Of Stories 
4
Parking 
CoveredGatedCommunity StructureSide By Side
Parking Spaces 
16
Special Circumstances 
Standard
SqFt Total 
23056
Stories 
Three Or More
Zoning 
LAR3
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
PHHT – Park Hills Heights

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore

Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.

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