3518 Chesapeake Ave Los Angeles, CA 90016
Baldwin Hills NeighborhoodEstimated payment $91,074/month
Highlights
- Golf Course Community
- Park
- Paved or Partially Paved Lot
- Hiking Trails
- Laundry Room
About This Home
The Peake at 3518 Chesapeake Avenue is a 32 unit apartment building that was recently completed in 2023. The property is 4 stories over a level of on-grade parking and located steps from the Expo Metro E Line Farmdale station, connecting the property to the Westside and Downtown Los Angeles. The diverse unit mix consists of 9 studios with one bathroom, 8 one bedrooms with one bathroom and 12 two bedrooms with two bathroom plus 3 units that are affordable two bedrooms with two bathrooms.
Listing Agent
NorthMarq Realty Services, Inc Brokerage Phone: 310-621-8221 License #01290116 Listed on: 04/24/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023
Lot Details
- 0.29 Acre Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Parking
- 19 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 23,032 Sq Ft Home
- 4-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
- Suburban Location
Utilities
- Water Not Available
- Sewer Not Available
Listing and Financial Details
- Tax Lot 83
- Tax Tract Number 12211
- Assessor Parcel Number 5046015034
Community Details
Overview
- 32 Units
Recreation
- Golf Course Community
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- 32 Separate Electric Meters
- 32 Separate Gas Meters
- 32 Separate Water Meters
- Operating Expense $356,944
- Gross Income $1,079,943
- Net Operating Income $722,999
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $1,950 | -3.2% | $4 / Sq Ft |
| 10/14/2025 10/14/25 | Price Changed | $2,015 | -8.4% | $4 / Sq Ft |
| 09/25/2025 09/25/25 | Price Changed | $2,199 | +1.5% | $5 / Sq Ft |
| 09/24/2025 09/24/25 | For Rent | $2,166 | 0.0% | -- |
| 09/04/2025 09/04/25 | Off Market | $2,166 | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $2,166 | -11.6% | $5 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $2,450 | +36.5% | $5 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $1,795 | -14.3% | $4 / Sq Ft |
| 05/11/2025 05/11/25 | Price Changed | $2,095 | +5.0% | $4 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $1,995 | 0.0% | $4 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $14,500,000 | 0.0% | $630 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $2,066 | 0.0% | $4 / Sq Ft |
| 04/23/2025 04/23/25 | For Rent | $2,066 | -4.6% | -- |
| 04/04/2025 04/04/25 | Off Market | $2,166 | -- | -- |
| 03/23/2025 03/23/25 | Price Changed | $2,166 | +4.8% | $5 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $2,066 | -1.2% | $4 / Sq Ft |
| 02/01/2025 02/01/25 | Price Changed | $2,091 | +1.2% | $4 / Sq Ft |
| 10/04/2024 10/04/24 | Price Changed | $2,066 | -28.0% | $4 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $2,868 | -11.4% | $6 / Sq Ft |
| 07/31/2024 07/31/24 | Price Changed | $3,237 | -0.4% | $7 / Sq Ft |
| 07/08/2024 07/08/24 | Price Changed | $3,250 | +0.4% | $7 / Sq Ft |
| 06/22/2024 06/22/24 | Price Changed | $3,237 | +49.4% | $7 / Sq Ft |
| 06/02/2024 06/02/24 | Price Changed | $2,166 | -32.6% | $5 / Sq Ft |
| 04/06/2024 04/06/24 | Price Changed | $3,212 | +10.9% | $7 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $2,895 | -9.9% | $6 / Sq Ft |
| 03/22/2024 03/22/24 | Price Changed | $3,212 | +64.7% | $7 / Sq Ft |
| 03/14/2024 03/14/24 | For Rent | $1,950 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25089851
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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