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3524 Chesapeake Avenue Los Angeles, CA 90016
$9,995,000 36 beds, 36 baths
23, 056 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24436897
List price is $9,995,000 Reduced by $505,000 on 3/6/2025
Beds: 36
Baths: 36
Built in 2021
23,056 sqft
0.29 acres
Lot size: 0.2941
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Parking description: Covered,Gated,Community Structure,Side By Side
Heating/cooling: Central Air
Heating description: Central
MLS area: PHHT - Park Hills Heights

Last Updated: 3/6/2025

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 34.022927, -118.344888.
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Listing Agent: Adrienne Barr
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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