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$10,795,000

3500 Chesapeake Avenue

3500 Chesapeake Avenue

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Tim Robertson

Tim Robertson

Mobile #: (949) 322-7779

Email: [email protected]

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3500 Chesapeake Avenue

$10,795,000 | 3500 Chesapeake Avenue, Los Angeles, CA 90016

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.

  • For Sale

    Status
  • 20,449 Sq.Ft.

    Living Area
  • 0.32 Acres

    Acres Lot
  • 2021

    Year Built

Features & Amenities

Area & Lot

Status:
For Sale
Living Space:
20,449 Sq.Ft.
Lot Size:
0.32 Acres
MLS® ID:
NP23104842
Type:
Commercial
Year Built:
2021

Interior

Laundry Room:
Laundry Closet

Exterior

Stories:
5 Floors
Water Source:
Public
Lot Features:
Corner Lot
Heat Type:
Central
Air Conditioning:
Central Air

Financial

Sales Price:
$10,795,000
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