Active
3500 Chesapeake Avenue
Los Angeles CA, 90016
$10,795,000
$527.90 per sqft
Active
20,449 sqft
Commercial
Built in 2021
Listed by Tim Robertson with Compass 949-438-4340
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.
NP23104842
MLSⓇ ID
June 12, 2023
Listed
March 28, 2024
Updated
Map
3500 Chesapeake Avenue
Los Angeles CA, 90016
Interior Features
Total Stories
5
Laundry Description
Laundry Closet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.32 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
PHHT - Park Hills Heights
Days on Market
229
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
|---|---|---|
1/31/2024 | Price Change | $10,795,000 -2% |
Listing Contact: 949-438-4340
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 3:28 PM UTC