Los Angeles, CA 90016,3518 Chesapeake AVE
Los Angeles, CA 90016,3518 Chesapeake AVE
Los Angeles, CA 90016,3518 Chesapeake AVE
Los Angeles, CA 90016,3518 Chesapeake AVE
Los Angeles, CA 90016,3518 Chesapeake AVE
Los Angeles, CA 90016,3518 Chesapeake AVE
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$ 14,675,000
Est. payment | /mo

0.29 Acres Lot


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$ 14,675,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24061953

HOA Y/N No

Year Built 2023

Annual Tax Amount $186,000

Lot Size 0.294 Acres

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Assigned, Electric Vehicle Charging Station(s)

Pool None

Community Features Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description Landscaped, Level, Sprinkler System, Walkstreet

Story 4

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5046015027

Energy Description 3000.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Warren Berzack • Lee & Associates • 818-269-2979
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3518 Chesapeake AVE