Apartment Community on Double Corner
For Sale
$14,995,000
3567 Chesapeake Ave, Los Angeles, CA 90016
Newly issued occupancy supports a controlled-access 36-unit community with modern systems, in-unit laundry, and premium rooftop amenities.
Property Size32,476 SF
Days on Market96
Property Features for 3567 Chesapeake Ave
General Information
Standard status
Active
Size
32,476 SF
Total Parking Spaces
15
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
36
Building Details
Building Size
32,476 SF
Year Built
2025
Tenancy
Multi
Listing Agency:
Keller Williams Beverly Hills
(310) 432-6400
Listed By:
Dario Svidler · License #01884474
Source:
Milsteinestates
Added: May 7
Changed: Aug 8
Last Checked: Aug 9 at 11:21AM
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 Keller Williams Beverly Hills
Investment Insights
Based on property information with market context.
Cloud Nine is a 36-unit apartment community developed on a double corner lot. The property received a Certificate of Occupancy from late 2025 and is presented with modern systems and conveniences, including controlled access and in-unit laundry. Unit mix consists of eight 2 bed/2 bath homes, twenty-four 1 bed/1 bath homes, and four studio units, with select apartments offering balconies. The community also features manicured common areas and a spacious roof with lounging areas, dining tables, a grill, and unobstructed city views. Additional amenities include generous bicycle parking and 15 vehicle parking spaces.
The building sits on a quiet, residential tree-lined street in West Adams. It is just over one block from the Farmdale Metro Expo (E) Station, and it is positioned at the edge of a vast single-family-zoned area with low-rise homes and easier street parking. The property is also described as being near Rancho Cienega Recreation Center and Dorsey Senior High School.
From an operations standpoint, income is supported by parking and storage fees charged independently of rents, along with EV charging and tenant-billed TV and Internet service through RUBS. With four restricted units reserved for affordable housing, the property offers a modern, thoughtfully amenitized residential setup for tenants seeking a newer community close to transit.
The building sits on a quiet, residential tree-lined street in West Adams. It is just over one block from the Farmdale Metro Expo (E) Station, and it is positioned at the edge of a vast single-family-zoned area with low-rise homes and easier street parking. The property is also described as being near Rancho Cienega Recreation Center and Dorsey Senior High School.
From an operations standpoint, income is supported by parking and storage fees charged independently of rents, along with EV charging and tenant-billed TV and Internet service through RUBS. With four restricted units reserved for affordable housing, the property offers a modern, thoughtfully amenitized residential setup for tenants seeking a newer community close to transit.
Key Highlights
- New 36‑unit apartment community built in 2025 with a Certificate of Occupancy from late 2025
- Unit mix includes eight 2 bed/2 bath, twenty‑four 1 bed/1 bath, and four studios, ranging from 542 to 1,007 SF
- Controlled‑access building with in‑unit laundry, brand new appliances, and some units with balconies
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Newly issued occupancy supports a controlled-access 36-unit community with modern systems, in-unit laundry, and premium rooftop amenities.
Where is this apartment building located?
The property is located at 3567 Chesapeake Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $14,995,000.
What are key features of this property?
This property features: New 36‑unit apartment community built in 2025 with a Certificate of Occupancy from late 2025; Unit mix includes eight 2 bed/2 bath, twenty‑four 1 bed/1 bath, and four studios, ranging from 542 to 1,007 SF; Controlled‑access building with in‑unit laundry, brand new appliances, and some units with balconies
