ParkingAssigned, Electric Vehicle Charging Station(s)
Year Built2023
HeatingCentral
CoolingCentral Air
MLS #SR24061953
Lot Size0.29 Acres
StatusActive
About 3518 Chesapeake Ave
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.
Property Details
Property Features
Property Information:
Year Built: 2023
Stories: 4
Listing Office:
Office Name: Lee & Associates
Office Phone: (818) 269-2979
Listing Agent: Warren Berzack
Interior Features
Interior Information:
Appliances: Dryer, Washer
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Assigned, Electric Vehicle Charging Station(s)
Lot Features
Lot Information:
Lot: Landscaped, Level, Sprinklers
Lot Size: 0.29 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Exposition south of the 10
Price Information
Listing Price Info
Price Summary:
List Price: $14,675,000
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $13.6M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24061953
Listing Office:
Office Name: Lee & Associates
Office Phone: (818) 269-2979
Listing Agent: Warren Berzack
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Coliseum Street Elementary School
4400 Coliseum St
Distance between this listing and this school0.37 miles
Public District Grades PK-5
6
/10
Virginia Road Elementary
2925 Virginia Rd
Distance between this listing and this school0.46 miles
Public District Grades KG-5
2
/10
Hillcrest Drive Elementary
4041 Hillcrest Dr
Distance between this listing and this school0.70 miles
Public District Grades KG-5
Nearby Schools
5
/10
Stella Middle Charter Academy
4301 W Martin Luther King Jr Blvd
Distance between this listing and this school0.43 miles
Public Charter Grades 5-8
3
/10
Isana Nascent Academy
3417 W Jefferson Blvd
Distance between this listing and this school0.72 miles
Public Charter Grades KG-8
2
/10
Audubon Middle School
4120 11th Ave
Distance between this listing and this school1.34 miles
Public District Grades 6-8
Nearby Schools
2
/10
Dorsey High School
3537 Farmdale Ave
Distance between this listing and this school0.11 miles
Public District Grades 9-12
1
/10
View Park Continuation
4701 Obama Blvd
Distance between this listing and this school0.19 miles
Public District Grades 9-12
4
/10
Catch Preparatory Charter High Inc.
4120 11th Ave
Distance between this listing and this school1.41 miles
The neighbors living near this home have an average income of $54,367. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3518 Chesapeake Ave
What is the listing price of this property?
The listing price of 3518 Chesapeake Ave property is $14,675,000.
What type of property is this?
The property 3518 Chesapeake Ave is a condo located in Los Angeles, California, 90016.
Is this property for sale now?
Active Listing: 3518 Chesapeake Ave is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 3518 Chesapeake Ave is 2023.
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This home is located at 3518 Chesapeake Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This home, which was built in 2023, sits on a 0.29 acre lot. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $14,675,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.