ParkingCovered, Gated, Community Structure, Side By Side
Year Built2021
HeatingCentral
CoolingCentral Air
MLS #24436897
Lot Size0.29 Acres
StatusActive
About 3524 Chesapeake Ave
*Built in 2021: 27 luxury units with in-unit washer and dryer *Priced below replacement cost at $488 PSF and under $417K per unit *5.3% cap rate and 5.7% cap rate at proven market rents *One-block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro-location with five brand-new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) *Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.
This property is $10.2M more than the Median Sold Price and $153/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24436897
Listing Office:
Office Name: Berkadia
Office Phone: (310) 209-3200
Listing Agent: Adrienne Barr
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: 11/22/2024, 4:20:58 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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NMLS#3030
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 school0.35 miles
Public District Grades PK-5
6
/10
Virginia Road Elementary
2925 Virginia Rd
Distance between this listing and this school0.45 miles
Public District Grades KG-5
2
/10
Hillcrest Drive Elementary
4041 Hillcrest Dr
Distance between this listing and this school0.69 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 school0.41 miles
Public Charter Grades 5-8
3
/10
Isana Nascent Academy
3417 W Jefferson Blvd
Distance between this listing and this school0.70 miles
Public Charter Grades KG-8
2
/10
Audubon Middle School
4120 11th Ave
Distance between this listing and this school1.31 miles
Public District Grades 6-8
Nearby Schools
2
/10
Dorsey High School
3537 Farmdale Ave
Distance between this listing and this school0.13 miles
Public District Grades 9-12
1
/10
View Park Continuation
4701 Obama Blvd
Distance between this listing and this school0.21 miles
Public District Grades 9-12
4
/10
Catch Preparatory Charter High Inc.
4120 11th Ave
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $54,367. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3524 Chesapeake Ave
What is the listing price of this property?
The listing price of 3524 Chesapeake Ave property is $11,250,000.
What type of property is this?
The property 3524 Chesapeake Ave is a house located in Los Angeles, California, 90016.
Is this property for sale now?
Active Listing: 3524 Chesapeake Ave is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 3524 Chesapeake Ave has 36 bedrooms and 36 bathrooms.
What is the square footage of this property?
The property 3524 Chesapeake Ave is 23,056 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3524 Chesapeake Ave is 2021.
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This home is located at 3524 Chesapeake Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 23,056 square foot home, which was built in 2021, sits on a 0.29 acre lot. Features: 36 bedrooms, 36 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $11,250,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
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. 
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