3500 Chesapeake Ave

Los Angeles, CA, 90016

$9,950,000

$486 per ft²
$9,950,000
$486 per ft²
Sold
Sold
beds
37 Beds
baths
32 Baths
carpenters-square
20,449 ft²
property_type
Multi-family
calendar
Built 2021
The subject property is a luxury, brand new construction, 22 unit apartment complex. This 2021 constructed building has pristine units, an incredible unit mix and views from most units. The property boasts eight 1 bedroom, 1 bathroom units, four 2 bedroom, 1 bathroom units, nine 2 bedroom,2bathroom units and one 3 bedroom, 2 bath unit. The property has recently begun lease-up and already has 11 units rented. Three units are designated low income. 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. 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, central air and heat and balconies as well as all the modern conveniences of living in a brand new building. All market rate tenants have parking.
MLS® ID:
21-779590
Listed:
9/14/21
Updated:
5/18/22

Interior Features

Total Bedrooms
37
Total Bathrooms
32
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
0.32 acres lot

Other Property Details

Attached Garage
No
Parking
Gated
Parking Total
19.0
View
N
County
Los Angeles
Pool
No
Total Stories
4
Zoning
LAR3

 

Courtesy of Morgan McMullin, Compass

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Bulldog Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/18/22

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