3524 Chesapeake Avenue
$11,250,000
36
36
23,056
23,056
$488
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...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.
- Listed by Adrienne Barr • DRE #01308753 • Brokerage DRE #01308753 • Berkadia
Property Details for 3524 Chesapeake Avenue
Zoning
LAR3
Parcel Number5046015033
Total Units27.0
Living Area23056
Source Living AreaOther
AreaPark Hills Heights (PHHT)
Vacancy Rate3%
Lot Size Area12812
LISTING UPDATED: 09/17/2024 04:35 PM
Property Details for 3524 Chesapeake Avenue
Status | Active |
---|---|
MLS # | 24-436897 |
Days on Market | 80 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2021 |
Lot Size | 0.29 AC / 12,812 SF |
County | Los Angeles County |
Building Information for 3524 Chesapeake Avenue
Stories4Residences-Year Built2021Building Size-Lot Size0.29 AC / 12,812 SF
Property Information for 3524 Chesapeake Avenue
Property History for 3524 Chesapeake Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3524 Chesapeake Avenue
Taxable ValueLand$1,840,604Additions$5,164,503Total$7,005,107
Tax Record2024$86,470 ($7,206 / month)
Home Facts
Total Finished SqFt23,358 SqFtAbove Grade Finished SqFt23,358 SqFtLot Size12,808 SqFtStyleMulti-Family Res (5+ Units)Year Built2020ZoningLAR3CountyLOS ANGELESAPN5046-015-033
Schools near 3524 Chesapeake Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Coliseum Street Elementary School PublicK to 5 | ||
Stella Middle Charter Academy Charter5 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
View Park Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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