$14,675,000
3518 Chesapeake Avenue
Los Angeles, CA, 90016
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.
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.
Property Details
Price:
$14,675,000
MLS #:
SR24061953
Status:
Active
Baths:
0
Address:
3518 Chesapeake Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Mar 26, 2024
State:
CA
ZIP:
90016
Lot Size:
12,824 sqft / 0.29 acres (approx)
Year Built:
2023
Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Community Features
Sidewalks, Street Lights, Urban
Garage Spaces
0.00
Lot Features
Landscaped, Level, Sprinkler System, Walkstreet
Parking Features
Assigned, Electric Vehicle Charging Station(s)
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
4
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
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Courtesy of Lee & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 3518 Chesapeake Avenue
Los Angeles, CA
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