3524 Chesapeake

Los Angeles, CA, 90016

For Sale $11,250,000

36beds
23,056sqft
0.29acre

*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.

Listing agent:

Adrienne Barr

License #01308753

Berkadia

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3524 Chesapeake is a Residential Income property located in Los Angeles, California, featuring a 0.294 acre lot, 23,056 sqft, 36 bedrooms, MLS #24436897.

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Data last modified: 2024-09-17 23:50:14