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    3518 Chesapeake Ave Los Angeles, CA 90016

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    Claim this Listing
    New
    For Sale
    $13,000,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    28,473 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $456/SF
    Added:
    May 4, 2026
    Days on Market:
    4
    Last Refresh:
    May 7 at 2:06 am

    Property Features for 3518 Chesapeake Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R3
    Bedrooms
    38
    Bathrooms
    47
    Rooms
    Bathroom 45, Bathroom 8, Bedroom 22, Bathroom 13, Bedroom 19, Bathroom 32, Bedroom 1, Bedroom 23, Bedroom 26, Bathroom 39, Bedroom 38, Bedroom 13, Bedroom 27, Bedroom 9, Bathroom 41, Bedroom 11, Bathroom 25, Bathroom 38, Bathroom 29, Bedroom 35, Bathroom 33, Bathroom 6, Bedroom 33, Bathroom 20, Bedroom 14, Bedroom 15, Bathroom 10, Bedroom 37, Bathroom 4, Bathroom 5, Bedroom 17, Bedroom 4, Bedroom 18, Bathroom 31, Bedroom 32, Bathroom 23, Bathroom 44, Bathroom 37, Bathroom 30, Bedroom 21, Bedroom 24, Bathroom 3, Bedroom 12, Bedroom 8, Bedroom 20, Bathroom 28, Bathroom 24, Bathroom 15, Bedroom 34, Bathroom 40, Bedroom 2, Bathroom 12, Bedroom 28, Bathroom 22, Bathroom 27, Bathroom 21, Bathroom 36, Bathroom 17, Bathroom 7, Bathroom 26, Bedroom 30, Bathroom 2, Bathroom 9, Bathroom 46, Bedroom 29, Bedroom 5, Bathroom 14, Bathroom 34, Bathroom 43, Bathroom 47, Bedroom 7, Bathroom 19, Bedroom 3, Bathroom 11, Bedroom 31, Bathroom 1, Bathroom 18, Bedroom 16, Bathroom 16, Bedroom 36, Bathroom 42, Bedroom 6, Bedroom 10, Bedroom 25, Bathroom 35
    Parking
    19
    Parking features
    Gated, Garage - Attached, 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

    We can help!

    Listing Contact
    Dario Svidler

    Listing agent Dario Svidler License #01884474

    Listing office Keller Williams Beverly Hills 439 N Canon Dr. Suite 300, Beverly HIlls, CA

    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

    Modern Apartments Near Metro Station

    This 32-unit apartment community, known as The Peake, is located on a quiet, residential, tree-lined street at 3518 Chesapeake Ave in West Adams, Los Angeles. The building received its Certificate of Occupancy in 2023 and features modern systems and conveniences. The property is near the Farmdale Metro Expo (E) Station. The building includes controlled access, in-unit laundry, sleek designs, and bicycle parking. Some apartments have balconies. There are 19 vehicle parking spaces. The property backs up to a vast single family-zoned area with low-rise homes, unobstructed views, and easier street parking. Additional income is generated from parking and storage fees, along with EV Charging, TV, and Internet service, which is billed directly to tenants along with RUBS. The unit mix includes fifteen 2-bed, 2-bath units, eight 1-bed, 1-bath units, and nine studio units, ranging from 475 to 966 square feet. There are three restricted units reserved for affordable housing. The property is near the Rancho Cienega Recreation Center and Dorsey Senior High School. A brand new 36-unit apartment building on the southern corner of the block is also available and may be purchased together with this property. The lot size is 0.2941 acres and the property size is 28,473 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Peake Apartments Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.344888
    Latitude
    34.023218

    FAQs

    What type of property is this?
    Apartment building - 32-unit apartment community near Farmdale Metro Expo (E) Station.
    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 $13,000,000.
    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).
    More about this property
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