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$10,795,000
555 Days On Site

3500 Chesapeake Avenue
Los Angeles, CA90016

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
20,449
SqFt
$528
/SqFt
2021
Built
County:
Los Angeles
Listed by Tim Robertson of Compass [email protected]

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3500 Chesapeake Avenue3500 Chesapeake Avenue3500 Chesapeake Avenue3500 Chesapeake Avenue
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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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Listing Snapshot
Price 
$10,795,000
Days On Site 
555 Days
Bedrooms 
N/A
Inside Area (SqFt) 
20,449 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3151 Acres
Year Built 
2021
MLS® Number 
NP23104842
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 months agoPrice changed to $10,795,000
11 months agoListing updated with changes from the MLS®
2 years agoStatus changed to Active
2 years agoListing first seen on site
General Features
Acres 
0.3151
Number Of Stories 
5
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
20449
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Interior 
Elevator
Laundry Features 
Laundry Closet
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Exterior Features
Lot Features 
Corner Lot
Community Features
Financing Terms Available 
Cash1031 Exchange
MLS Area 
PHHT - Park Hills Heights


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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