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3518 Chesapeake Avenue, Los Angeles, CA 90016
Priced at Only: $14,675,000
For more Information Call
Mobile: 714.478.6676
Address: 3518 Chesapeake Avenue, Los Angeles, CA 90016
Property Photos
Property Location and Similar Properties
- MLS#: SR24061953 ( Apartment )
- Street Address: 3518 Chesapeake Avenue
- Viewed: 8
- Price: $14,675,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2023
- Bldg sqft: 0
- Days On Market: 274
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90016
- Provided by: Lee & Associates
- Contact: Warren Warren
- DMCA Notice
-
DescriptionThe 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.
Features
Assessments
- None
Association Fee
- 0.00
Building Area Total
- 28948.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Central Air
Country
- US
Days On Market
- 264
Electric Expense
- 3000.00
Fuel Expense
- 3000.00
Garage Spaces
- 0.00
Heating
- Central
Insurance Expense
- 17532.00
Laundry Features
- Dryer Included
- Washer Included
Levels
- Three Or More
Lot Features
- Landscaped
- Level
- Sprinkler System
- Walkstreet
Netoperatingincome
- 744010.00
Newtaxesexpense
- 176100.00
Number Of Separate Electric Meters
- 33
Number Wallac
- 32
Number With Dishwasher
- 32
Number With Disposal
- 32
Number With Range
- 32
Number Wit Hrefrigerator
- 32
Otherexpense
- 42634.00
Otherexpensedescription
- On-Site
Parcel Number
- 5046015027
Parking Features
- Assigned
- Electric Vehicle Charging Station(s)
Pool Features
- None
Professionalmanagementexpense
- 45207.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 411640551:CRM
Tenant Pays
- All Utilities
Totalexpenses
- 351958.00
Trash Expense
- 1000.00
Vacancyallowance
- 33896
Water Sewer Expense
- 25525.00
Water Source
- Public
Year Built
- 2023
Year Built Source
- Builder
Zoning
- LAR3
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com