Los Angeles, CA 90016 3524 Chesapeake Avenue

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  • MLS# 21799184
  • 10/26/2021
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Presented By: Dario Svidler with Compass - 818-653-2663
  • Beds • 36
  • Baths • 36
  • SQFT • 23,056
  • Year Built • 2021

Home Details

The subject property is a luxury, brand new construction, 27 unit apartment complex located in the West Adams submarket of Los Angeles. Ideally situated on Chesapeake Ave (a quiet, residential street) and 3 doors down from Exposition Blvd (the Expo Line station is one block away). This 2021 constructed building has pristine units, an incredible unit mix and views from most units. The property boasts Eighteen 1 bedroom, 1 bathroom units, and Nine 2 bedroom, 2 bathroom units (3 of which are deemed affordable). Amenities include common area benches and tables, and a gym. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past decade with development as the driving force. The new apartment and mixed use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. 11 units remain vacant. The central courtyard building also has an oversized side yard on the southern side of the building. Tenants have access to a bike closet for bike storage and there is a pristine, inviting entryway with the elevator. All units have washer and dryers and balconies as well as all the modern conveniences of living in a brand new building.
Presented By: Dario Svidler with Compass - 818-653-2663

Interior Features for 3524 Chesapeake Avenue

Bathrooms

Total Baths0

General for 3524 Chesapeake Avenue

Co-Listing AgentMorgan McMullin - BRE#01716570
Co-Listing Agent State License #01716570
HOA Fee$0
Listing AgentDario Svidler - BRE#01884474
Listing Agent State License01884474
Lot Size Square Feet12808
MLS AreaPHHT - Park Hills Heights
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
StatusActive
Total Units27
ZoningR3-1 Tier 3

Exterior for 3524 Chesapeake Avenue

Lot Dimensions106x121
Lot Size Acres0.29
Lot Size Area12808
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesGated
Total Parking16

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $12,500,000
MLS#21799184
List Date 10/26/2021
Property Type Income
Phone 310.658.1749
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