3518 Chesapeake Ave Los Angeles, CA 90016
Baldwin Hills NeighborhoodEstimated payment $92,895/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
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 | Change | Sq Ft Price |
---|---|---|---|---|
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 | +48.3% | $7 / Sq Ft |
03/14/2024 03/14/24 | For Rent | $2,166 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25089851

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