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$14,675,000
270 Days On Site

3518 Chesapeake Avenue
Los Angeles, CA90016

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
28,948
SqFt
$507
/SqFt
2023
Built
County:
Los Angeles
Listed by Warren Berzack of Lee & Associates [email protected]

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3518 Chesapeake Avenue3518 Chesapeake Avenue3518 Chesapeake Avenue3518 Chesapeake Avenue
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The Peake is a recently constructed 32-unit modern luxury apartment community in the West Adams neighborhood of Los Angeles. The Peake is situated in a thriving focal point of Los Angeles for high-end living, retail, dining and entertainment with many transportation options and ease of access to many of Los Angeles’ popular destinations. High Quality Asset: The Peake offers investors a newly built, modern luxury, eco-friendly property that's extremely well-located. It also features an excellent mix of units and amenities. Prime Location: The Property is located in a coveted pocket of Los Angeles with superb transportation access. It lies just steps away from the Farmdale metro station, with many choice shops and restaurants nearby. It's prime location offers easy access to Hollywood, Downtown, and the beach. Luxury Complex: This 32-unit apartment community, developed in 2023, offers a host of luxury amenities, from eco-friendly living to iconic views, electric car charging stations, a courtyard with a BBQ and a fitness center. RUBS has been implemented for water, sewer, trash and gas (for hot water). Newly Constructed Units: Featuring studios, one, and two-bedroom apartment floor plans, all units include all electric appliances, in-unit laundry, gourmet contemporary kitchens, central air & heat, smart door unit locks, spacious rooms, recessed lighting, private balconies and more. Thriving Multifamily Market: The upscale suburban enclave of nearby Culver City and Downtown Los Angeles displays a thriving economy with strong market fundamentals, favorable demographics and highly sought-after apartment rentals. The area is known for its nearby attractions, top-rated dining and shopping and endless recreational offerings.

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Listing Snapshot
Price 
$14,675,000
Days On Site 
270 Days
Bedrooms 
N/A
Inside Area (SqFt) 
28,948 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2944 Acres
Year Built 
2023
MLS® Number 
SR24061953
Status 
Active
Property Tax 
$186,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $14,675,000
2 months agoListing updated with changes from the MLS®
9 months agoStatus changed to Active
9 months agoListing first seen on site
General Features
Acres 
0.2944
Number Of Stories 
4
Parking 
AssignedElectric Vehicle Charging Station(s)
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
28948
Stories 
Three Or More
Water Source 
Public
Zoning 
LAR3
Interior Features
Appliances 
DryerWasher
Cooling 
Central Air
Heating 
Central
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Exterior Features
Lot Features 
LandscapedLevel
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
699 - Not Defined


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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