Modern Multi-Family Apartment
3518 Chesapeake Ave, Los Angeles, CA 90016
MULTI_FAMILY - Los Angeles, CA
Property size:
28,473 SFLot size:
0.29 AcresPrice / SF:
$447/SF- Added:
- May 4, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 3518 Chesapeake Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 38
- Bathrooms
- 47
- Rooms
- Bedroom 37, Bathroom 38, Bedroom 22, Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 7, Bathroom 13, Bathroom 4, Bedroom 34, Bathroom 15, Bedroom 10, Bathroom 12, Bathroom 47, Bedroom 20, Bathroom 2, Bathroom 31, Bathroom 23, Bedroom 17, Bedroom 11, Bedroom 4, Bedroom 3, Bedroom 7, Bathroom 43, Bedroom 1, Bathroom 28, Bedroom 16, Bathroom 29, Bedroom 38, Bathroom 34, Bedroom 14, Bathroom 22, Bathroom 45, Bedroom 19, Bathroom 10, Bedroom 35, Bedroom 12, Bedroom 29, Bedroom 30, Bedroom 9, Bathroom 21, Bathroom 44, Bathroom 9, Bathroom 35, Bathroom 32, Bedroom 8, Bedroom 26, Bedroom 15, Bedroom 21, Bedroom 27, Bedroom 36, Bathroom 18, Bathroom 25, Bathroom 36, Bathroom 39, Bathroom 17, Bedroom 13, Bathroom 40, Bedroom 23, Bathroom 26, Bedroom 25, Bedroom 31, Bathroom 20, Bedroom 24, Bathroom 14, Bedroom 18, Bathroom 6, Bedroom 32, Bathroom 41, Bedroom 28, Bathroom 19, Bathroom 46, Bathroom 33, Bathroom 37, Bathroom 30, Bathroom 42, Bathroom 24, Bathroom 8, Bedroom 33, Bathroom 1, Bedroom 5, Bathroom 5, Bathroom 27, Bathroom 16, Bathroom 11
- Parking
- 19
- Parking features
- Garage - Attached, Gated, Covered
- Standard status
- Active
- APN
- 5046-015-034
- Size
- 28,473 SF
- Lot size
- 0.29 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Floors in Building
- 4
- Number of units
- 32
Listing agent Dario Svidler License #01884474 (424) 600-7633
Listing office Keller Williams Beverly Hills 439 N Canon Dr. Suite 300, Beverly HIlls, CA (310) 432-6400
Listing date May 4, 2026
MLS# 26829517
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New Construction (2023): Modern systems, appliances, and design appealing to tenants.
- Excellent Location: Just one block from Farmdale Metro Expo (E) Line, providing easy access to USC, Culver City, Downtown LA, and Santa Monica.
- Strong Rental Income Potential: Features a diverse unit mix (studios, 1‑bed, 2‑bed), plus additional income streams from parking, storage, EV charging, and tenant‑billed utilities (RUBS).
- High Demand Area: Located in West Adams, a rapidly transforming neighborhood with new developments driving demand for high‑end rentals.
- Desirable Amenities: Enjoy in‑unit laundry, controlled access, gym, balconies (in some units), bicycle parking, and covered vehicle parking.
- Unobstructed Views & Parking: Backs up to a single‑family zoned area, providing unobstructed views and easier street parking.
Overview
The Peake is a 32-unit apartment community built with modern systems and conveniences, supported by a certificate of occupancy dated 2023. The property offers a unit mix of fifteen two-bedroom/two-bath units, eight one-bedroom/one-bath units, and nine studio units, with some apartments featuring balconies. Residents benefit from in-unit laundry, controlled access, bicycle parking, and a comfortable on-site gym, along with 19 vehicle parking spaces. Additional tenant-billed income options are available through separate charges for parking and storage fees. The community also includes EV charging, with TV and internet service billed directly to tenants along with RUBS. Three restricted units are reserved for affordable housing.
Located at 3518 Chesapeake Ave in West Adams, the property sits on a quiet, residential tree-lined street. The building is described as backing up to a vast single-family-zoned area with low-rise homes, unobstructed views, and easier street parking. The Farmdale Metro Expo (E) Station is identified as one block away, and the listing notes proximity to Rancho Cienega Recreation Center and Dorsey Senior High School.
For buyers seeking a modern rental property in an R3-zoned environment, The Peake provides a diverse studio through two-bedroom mix, controlled access amenities, and multiple revenue streams beyond base rent, including parking and storage fees. The tenant experience is supported by practical upgrades such as in-unit laundry and on-site EV charging.
Located at 3518 Chesapeake Ave in West Adams, the property sits on a quiet, residential tree-lined street. The building is described as backing up to a vast single-family-zoned area with low-rise homes, unobstructed views, and easier street parking. The Farmdale Metro Expo (E) Station is identified as one block away, and the listing notes proximity to Rancho Cienega Recreation Center and Dorsey Senior High School.
For buyers seeking a modern rental property in an R3-zoned environment, The Peake provides a diverse studio through two-bedroom mix, controlled access amenities, and multiple revenue streams beyond base rent, including parking and storage fees. The tenant experience is supported by practical upgrades such as in-unit laundry and on-site EV charging.
Property Profile
Location Intelligence
Current Use by Public Records
The Peake Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.344888
- Latitude
- 34.023218
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 32-unit apartment community with controlled access, in-unit laundry, and modern systems delivered under a 2023 certificate of occupancy.
Where is this apartment building located?
The property is located at 3518 Chesapeake Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: New Construction (2023): Modern systems, appliances, and design appealing to tenants.; Excellent Location: Just one block from Farmdale Metro Expo (E) Line, providing easy access to USC, Culver City, Downtown LA, and Santa Monica.; Strong Rental Income Potential: Features a diverse unit mix (studios, 1‑bed, 2‑bed), plus additional income streams from parking, storage, EV charging, and tenant‑billed utilities (RUBS).
