32-Unit Apartment
For Sale
$12,595,000
3518 Chesapeake Ave, Los Angeles, CA 90016
Residential Income, Los Angeles, CA
Property Size28,473 SF
Lot Size0.29 Acres
Price / SF$442.35
Days on Market123
Property Features for 3518 Chesapeake Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
38
Bathrooms
47
Full bathrooms
6
Rooms
Bedroom 33, Bathroom 26, Bathroom 17, Bathroom 3, Bedroom 10, Bathroom 18, Bathroom 13, Bedroom 21, Bathroom 43, Bedroom 26, Bedroom 37, Bathroom 8, Bedroom 36, Bedroom 12, Bedroom 9, Bathroom 19, Bedroom 11, Bedroom 4, Bathroom 12, Bathroom 30, Bedroom 32, Bathroom 11, Bedroom 2, Bedroom 27, Bathroom 9, Bedroom 34, Bathroom 39, Bedroom 22, Bathroom 31, Bedroom 31, Bathroom 25, Bathroom 14, Bathroom 40, Bedroom 28, Bedroom 18, Bathroom 29, Bathroom 4, Bathroom 37, Bedroom 19, Bedroom 15, Bedroom 29, Bathroom 38, Bedroom 7, Bathroom 42, Bathroom 32, Bedroom 35, Bathroom 1, Bathroom 10, Bathroom 33, Bathroom 7, Bathroom 34, Bedroom 8, Bathroom 45, Bathroom 6, Bedroom 13, Bathroom 21, Bathroom 35, Bathroom 2, Bathroom 47, Bedroom 1, Bathroom 5, Bathroom 41, Bathroom 20, Bathroom 28, Bathroom 36, Bedroom 25, Bathroom 22, Bedroom 24, Bedroom 5, Bathroom 27, Bedroom 16, Bedroom 3, Bedroom 23, Bedroom 38, Bedroom 30, Bedroom 17, Bathroom 23, Bathroom 24, Bedroom 20, Bathroom 46, Bedroom 6, Bedroom 14, Bathroom 15, Bathroom 44, Bathroom 16
Parking
19
Parking features
Gated, Covered, Garage - Attached
Directions
North of Obama Blvd., South of Exposition Blvd., East of La Brea Ave., West of Crenshaw Blvd.
Subdivision
Park Hills Heights
Standard status
Active
APN
5046-015-034
Size
28,473 SF
Lot size
0.29 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
controlled access
in-unit laundry
balconies
bicycle parking
gym
EV charging
TV and internet service
manicured common areas
Building Details
Year built
2023
Floors in Building
4
Number of units
32
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Dario Svidler · License #01884474
(424) 600-7633
Added: May 4
Changed: Aug 19
Last Checked: Sep 3 at 8:06AM
MLS# 26829517
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.
Investment Insights
Based on property information with market context.
Built in 2023, this 32-unit apartment property at 3518 Chesapeake Ave. in Los Angeles includes 15 two-bedroom/two-bath units, eight one-bedroom/one-bath units, and nine studios ranging from 475 to 966 SF. Three units are designated for affordable housing. The community includes central heating and air conditioning, new appliances, controlled entry, landscaped common areas, a gym, bicycle parking, select balconies, and 19 vehicle spaces with gated, covered, attached-garage parking.
The property is one block from the Farmdale Metro Expo (E) Station, providing rail access toward USC, Culver City, Downtown LA, and Santa Monica. It backs onto a single-family-zoned area with low-rise homes and unobstructed views. Additional revenue sources include independently billed parking and storage fees, EV charging, TV and Internet service, and RUBS. The property is zoned R3 and has a 2023 Certificate of Occupancy.
The property is one block from the Farmdale Metro Expo (E) Station, providing rail access toward USC, Culver City, Downtown LA, and Santa Monica. It backs onto a single-family-zoned area with low-rise homes and unobstructed views. Additional revenue sources include independently billed parking and storage fees, EV charging, TV and Internet service, and RUBS. The property is zoned R3 and has a 2023 Certificate of Occupancy.
Key Highlights
- 32‑unit apartment community with 15 two‑bedroom units, 8 one‑bedroom units, and 9 studios
- 28,473 Square Feet on 0.2941 acres; units range from 475 to 966 SF
- Built in 2023 with a Certificate of Occupancy from 2023
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,771
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Modern multifamily asset with controlled access, in-unit laundry, balconies, and a resident gym.
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 $12,595,000.
What are key features of this property?
This property features: 32‑unit apartment community with 15 two‑bedroom units, 8 one‑bedroom units, and 9 studios; 28,473 Square Feet on 0.2941 acres; units range from 475 to 966 SF; Built in 2023 with a Certificate of Occupancy from 2023
