$11,250,000
3524 Chesapeake Avenue, Los Angeles 90016
3
Beds
3
Baths
23,056
Square feet
12,812
Lot Size
27
# Of Units
Listing Agent
Adrienne Barr - Berkadia*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.
Facts & Features
| MLS® # | 24436897 |
|---|---|
| Price | $11,250,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 23,056 |
| Lot Size | 12,812 |
| Year Built | 2021 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 27 |
Community Information
| Address | 3524 Chesapeake Avenue |
|---|---|
| Area | PHHT - Park Hills Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90016 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Parking | Covered, Gated, Community Structure, Side By Side |
| Garages | Covered, Gated, Community Structure, Side By Side |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 4 |
| Stories | Three Or More |
Additional Information
| Date Listed | September 9th, 2024 |
|---|---|
| Days on Market | 33 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Adrienne Barr |
|---|---|
| Office | Berkadia |