3524 Chesapeake Avenue, Los Angeles, CA 90016 - Berkshire Hathaway HomeServices California Properties

3524 Chesapeake Avenue, Los Angeles, CA 90016

$9,495,000 Approx. USD 36 beds, 36 baths
23,358 sqft

Listing Agent


Dario Svidler | dario@svidlercre.com
Lic#: 01884474
Broker: Courtesy of Keller Williams Beverly Hills

Co Listing Agent


Shaya Braverman | shaya@bravermancre.com
Lic#: 01861842
Broker: Courtesy of Keller Williams Beverly Hills

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25554359
Price: $9,495,000
Beds: 36
Baths: 36
Built in 2021
23,358 sqft
0.29 acres
Lot size: 0.2941
County: Los Angeles
Zoning: R3
Appliances: Dryer,Washer
Parking description: Garage,Side By Side
MLS area: PHHT - Park Hills Heights

Last Updated: 6/26/2025

 Days On Market (DOM): 24

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 34.022927, -118.344888.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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