1 month on rocket

3518 Chesapeake Ave, Los Angeles, CA, 90016

$15,500,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
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

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Audubon Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Coliseum Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Exposition south of the 10

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,500,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3518 Chesapeake Ave vs Los Angeles

36 DAYS ON ROCKET

+2 Days

$15,500,000

+$14.5M More

KEY TAKEAWAY

This property is $14.5M 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

IDX 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: 5/4/2024, 12:20:39 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.

Payment Calculator

$77.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$46.5K

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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.

Elementary School

school-card-donut-5915595
2
/10
  • Coliseum Street Elementary School

  • 4400 Coliseum St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-5915596
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.22 miles

  • Public Magnet Grades KG-6

school-card-donut-5915597
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.49 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5915598
2
/10
  • Audubon Middle School

  • 4120 11th Ave

  • 1.33 miles

  • Public Magnet Grades 6-8

school-card-donut-5915599
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.38 miles

  • Public District Grades 6-8

High School

school-card-donut-5915600
1
/10
  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 0.06 miles

  • Public Magnet Grades 9-12

school-card-donut-5915601
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.70 miles

  • Public Magnet Grades 9-12

school-card-donut-5915602
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.67 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 majority of families are 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 3518 Chesapeake Ave

What is the listing price of this property?

The listing price of 3518 Chesapeake Ave property is $15,500,000.

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.

What are the assigned schools for this property?

The assigned schools for 3518 Chesapeake Ave are:
Coliseum Street Elementary School: GreatSchools Rating 2/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Audubon Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Susan Miller Dorsey Senior High School: GreatSchools Rating 1/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

Which year was this property built?

The year of construction for 3518 Chesapeake Ave is 2023.
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Rocket Homes›California›Los Angeles County›Los Angeles›90016›3518 Chesapeake Ave

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 $15,500,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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