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FOR SALE
$10,795,000

3500 Chesapeake Avenue
Los Angeles, CA 90016

Multi-Family, Business Opportunities
Commercial
20,449
Sq. Ft.
0.3151
Acre Lot
Listing Agent: Tim Robertson CalDRE: 01413500 - Compass, 949-322-7779
Showcase> California> Los Angeles> 90016
Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.
NP23104842
Commercial - Multi-Family, Business Opportunities, 3+ Story
2021
Los Angeles
0.3151 Acres
Public
5
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Tim Robertson CalDRE: 01413500 - Compass, 949-322-7779
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