Multifamily Property with Bonus
For Sale
$899,000
3566 Chesapeake Avenue, Los Angeles, CA 90016
Income property with month-to-month tenants, two primary units, and an adjacent unpermitted space.
Property Size2,087 SF
Price / SF$430.76
Days on Market42
Property Features for 3566 Chesapeake Avenue
General Information
Standard status
Active
Size
2,087 SF
Property subtype
Multi-Family
Zoning
LAR3
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR, 1 x bonus unit
Multifamily Units
3
Building Details
Year Built
1944
Listing Agency:
KHORR Realty
(310) 428-7750
Listed By:
Pila Jessie · License #CLW-X54266
Source:
Actionrealtyca
Added: Jul 19
Changed: Aug 28
Last Checked: Aug 29 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KHORR Realty
Investment Insights
Based on property information with market context.
This 2087-square-foot multifamily property, built in 1944, includes a 4-bedroom, 2-bath unit and a separate 2-bedroom unit. An additional bonus unit is located beside the garage; it is not rented and has no permits. Existing tenants occupy the primary units on month-to-month arrangements, and the property will be delivered with tenants in place.
The parcel is identified as an LAR3 lot within a Transit Oriented Communities Tier 3 designation. Its Los Angeles location provides access to the Metro, the 10 Freeway, West Adams, Culver City, Downtown Los Angeles, USC, and Santa Monica. Nearby destinations include Rancho Cienega Sports Complex, restaurants, cafés, and neighborhood services, with public transit and bike access also noted.
The parcel is identified as an LAR3 lot within a Transit Oriented Communities Tier 3 designation. Its Los Angeles location provides access to the Metro, the 10 Freeway, West Adams, Culver City, Downtown Los Angeles, USC, and Santa Monica. Nearby destinations include Rancho Cienega Sports Complex, restaurants, cafés, and neighborhood services, with public transit and bike access also noted.
Key Highlights
- 2087‑square‑foot multifamily property built in 1944
- Includes a 4‑bedroom, 2‑bath unit and a separate 2‑bedroom unit
- Additional bonus unit beside the garage; not rented and has no permits
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,586
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Income property with month-to-month tenants, two primary units, and an adjacent unpermitted space.
Where is this multifamily property located?
The property is located at 3566 Chesapeake Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2087‑square‑foot multifamily property built in 1944; Includes a 4‑bedroom, 2‑bath unit and a separate 2‑bedroom unit; Additional bonus unit beside the garage; not rented and has no permits
