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$15,500,000
10 bed
4 bath
0 Sqft
12,824 Sqft lot

3518 Chesapeake Avenue, Los Angeles, California 90016

  • Residential Income Property Type
  • 34 Days Time on market
  • 2023 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
SR24061953
$15,500,000
10
4
0 Sqft
2023
12,824 Sqft
Active
Apartment
Houses
Features
: Central
: Central Air
: Dryer, Washer
: Sidewalks, Street Lights, Urban
0
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90016
3518 Chesapeake Avenue
3518
Avenue
0
W119° 39' 18.4''
N34° 1' 23.3''
Additional Information
34
1
4
: Three Or More
1
0
23,002 Sqft
1
0 Sqft
0 Sqft
0.29 Sqft
12,824 Sqft
1
: 2+ Common Walls
0 Sqft
LAR3
5046015027
$186,000
$0
$0
$29,530
1
$46,724
$3,000
0 Sqft
1
0 Sqft
$0
1
28/03/2024 16:18:48
$0
: Standard
Cash,CashtoNewLoan
Exposition south of the 10
Destrahan
Harry Hurst
Lee & Associates
Warren Berzack
F8048001
F207058099
$0
4.76
0
1
: Level, Landscaped, Walkstreet, Sprinklersystem
1
1
: Square Feet
: Community Apartment
yes
1
1
33
1
1
32
83
1171620
US-06037-N-5046015027-R-N
Apartment
28/03/2024 23:35:39
Chesapeake
699 - Not Defined
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