Active

3518 Chesapeake AVE

LOS ANGELES CA, 90016

$14,675,000


$506.94 per sqft

Active

10 Beds

4 Baths

28,948 sqft

Multi-family

Built in 2023

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.

SR24061953MR

MLS ID

March 26, 2024

Listed

November 24, 2024

Updated

Map

3518 Chesapeake AVE
LOS ANGELES CA, 90016

Interior Features

Total Stories

4


Bedrooms

10


Total Bathrooms

4


Laundry Description

Dryer, Dryer Included, Washer, Washer Included


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.29 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Park Hills Heights


Taxes

$186,000


Tax Frequency

Annually


Days on Market

241


Garage

No


Parking

Assigned, Electric Vehicle Charging Station(s)


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listing History

Date

Event

Price

10/10/2024

Price change

$14,675,000

-2%

5/29/2024

Price change

$14,950,000

-4%

Listed by Warren Berzack with Lee & Associates
Listing Contact: 818-269-2979 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Tanya Grey | CA DRE# 01339074 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/24/2024

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