3500 Chesapeake Avenue, Los Angeles, CA 90016
  • MLS#: NP23104842 ( Multi Family )
  • Street Address: 3500 Chesapeake Avenue
  • Viewed: 1
  • Price: $10,795,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2021
  • Bldg sqft: 0
  • Days On Market: 522
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90016
  • Provided by: Compass
  • Contact: Tim Tim
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.
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Features
Accountingtype
  1. Actual
Assetclass
  1. Multi-Family
Building Area Total
  1. 20449.00
Building Features
  1. Elevators
Building Name
  1. Metropointe North
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Current Financing
  1. Conventional
Heating
  1. Central
Land Use
  1. Multi-Family
Laundry Features
  1. In Closet
Parcel Number
  1. 5046015032
Property Type
  1. Multi Family
Totalexpenses
  1. 203650.00
Virtual Tour Url
  1. https://www.tourfactory.com/idxr3086449
Water Source
  1. Public
Year Built
  1. 2021
Year Built Source
  1. Estimated