3524 Chesapeake Avenue, Los Angeles, CA 90016 (MLS # 25554359)

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PRICE $9,495,000 dsIDX morgage calculator
BEDS 36
BATHS 36
HOME SIZE 23,358 sqft
LOT SIZE 12,811 sqft

We are proud to present for sale a 2021 New Construction, 27-unit luxury apartment complex located in the West Adams submarket of Los Angeles. The property is ideally situated at 3524 Chesapeake Ave. (a quiet, residential street) and 3 doors down from Exposition Blvd., with the Metro (E) Expo Line Station just one block away. Built with modern systems and expectations, this building has pristine comfortable apartments, an incredible unit mix and views over neighboring properties from many 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 with easy access to the 10 freeway and the Metro (E) Expo Line ensures a constant demand to lease up vacancies, 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. This central-courtyard building has a gated garage with 16 side-by-side parking spaces (with separate income), a gym, fire sprinklers, and an inviting entryway that leads to a mail room and elevator. All units have a washer & dryers and balconies, as well as all the modern conveniences of living in a brand-new building. The property comes with Ready-to-Issue Plan Check to convert the recreation room and storage space to two Accessory Dwelling Units, which would bring the total unit count of the building to 29 units.

DAYS ON MARKET 1 LAST UPDATED 6/18/2025
YEAR BUILT 2021 COMMUNITY PHHT - Park Hills Heights
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Dryer, Washer
AREA PHHT - Park Hills Heights
GARAGE Yes
LOT 0.2941 acre(s)
PARKING Garage, Side By Side
STORIES Split/Multi Level
MORTGAGE CALCULATOR
   

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Listed with Keller Williams Beverly Hills

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 6/19/25 4:16 AM PDT 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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