3524 Chesapeake Avenue
Los Angeles, CA 90016 • 36 Bed • 36 Bath • 23,056 sq.ft.

Property summary

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.

Days on market: 178

Listing updated: March 06, 2025 - 07:36:03

Property details

Property ID
24436897
Size
23056 sq.ft.
Home Type
Residential Income
Year Built
2021
Property Size
0.2941 acre
Garage
Levels
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Adrienne Barr DRE #01308753 310-209-3200, Berkadia - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X72854 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
36
Kitchen
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Cooling
Central Air
Heating
Central
Flooring
N/A
Laundry
N/A
$9,995,000
Property price
Make an offer
Open house
Date
TBA
Time
TBA
Mortgage estimator
Est.: $39,980/mo
Calculate monthly
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25 07:17:55 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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