3524 Chesapeake Avenue, Los Angeles, CA 90016
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- MLS#: 24436897 ( )
- Street Address: 3524 Chesapeake Avenue
- Viewed: 5
- Price: $11,250,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2021
- Bldg sqft: 0
- Days On Market: 104
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90016
- Provided by: Berkadia
- Contact: Adrienne Adrienne
- DMCA Notice
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Description*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.
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Disposal
- Microwave
- Refrigerator
Building Area Total
- 23056.00
Cooling
- Central Air
Country
- US
Heating
- Central
Laundry Features
- Washer Included
- Dryer Included
Levels
- Three Or More
Netoperatingincome
- 592432.00
Parcel Number
- 5046015033
Parking Features
- Gated
- Community Structure
- Covered
- Side by Side
Postalcodeplus4
- 5736
Sourcesystemkey
- 24-436897:CLAW
Totalexpenses
- 261454.00
Year Built
- 2021
Year Built Source
- Seller
Zoning
- LAR3