3524 Chesapeake Avenue, Los Angeles, CA 90016
  • MLS#: 24436897 ( )
  • Street Address: 3524 Chesapeake Avenue
  • Viewed: 1
  • Price: $11,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2021
  • Bldg sqft: 0
  • Days On Market: 67
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90016
  • Provided by: Berkadia
  • Contact: Adrienne Adrienne
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Microwave
  4. Refrigerator
Building Area Total
  1. 23056.00
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Three Or More
Netoperatingincome
  1. 592432.00
Parcel Number
  1. 5046015033
Parking Features
  1. Gated
  2. Community Structure
  3. Covered
  4. Side by Side
Postalcodeplus4
  1. 5736
Sourcesystemkey
  1. 24-436897:CLAW
Totalexpenses
  1. 261454.00
Year Built
  1. 2021
Year Built Source
  1. Seller
Zoning
  1. LAR3