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3500 Chesapeake Avenue
Los Angeles CA 90016 US

$10,795,000

Active Listing ID NP23104842
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$10,795,000

Active Listing ID NP23104842
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3500 Chesapeake Avenue 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 10795000
  • unparsedaddress: 3500 Chesapeake Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90016
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 20449
  • livingareaunits: Square Feet
  • listagentfullname: Tim Robertson
  • listagentemail: tim.robertson@compass.com
  • listagentkey: 3yd-MRMLSCA-U10620
  • listagentmlsid: U10620
  • listagentpreferredphone: 9493227779
  • listagentofficephone: 9494384340
  • listofficekey: 3yd-MRMLSCA-NP60725
  • listagentstatelicense: 01413500
  • listofficemlsid: NP60725
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 2021
  • listingcontractdate: 2023-06-17
  • listagenturl: http://www.moveoc.life
  • countyorparish: Los Angeles
  • parcelnumber: 5046015032
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • interiorfeatures: Elevators
  • architecturalstyle: Other
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tim.robertson@compass.com", "ListBrokerageCity":"Newport Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kathy@compass.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/16a84cd1038d11e79bbd0242ac110009/20170307232653416.png", "ListBrokerageName":"Compass", "ListBrokeragePhone":"(949) 438-4340", "ListBrokeragePostalCode":"92660", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"520 Newport Center Drive, Suite 330", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"520 Newport Center Dr. Ste 330", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ocmehrkat", "ListOfficeCity":"Newport Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"kathy@compass.com", "ListOfficePostalCode":"92660", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/NP23104842/?channel=rexren", "MLSModificationTimestamp":"2023-06-17T09:45:36Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:50:09 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Tim Robertson, Compass, tim.robertson@compass.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.