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Under-Construction 36-Unit Apartment Community
For Sale
$14,995,000

3567 Chesapeake Ave, Los Angeles, CA 90016

MULTI_FAMILY - Los Angeles, CA

Property Size32,476 SF
Lot Size0.31 Acres
Price / SF$461.73
Days on Market92

Property Features for 3567 Chesapeake Ave

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning R3
Bedrooms 40
Bathrooms 44
Full bathrooms 7
Rooms Bathroom 44, Bathroom 2, Bathroom 11, Bathroom 16, Bathroom 5, Bathroom 21, Bathroom 35, Bedroom 39, Bedroom 40, Bathroom 30, Bathroom 36, Bedroom 36, Bedroom 7, Bathroom 39, Bedroom 17, Bathroom 25, Bathroom 12, Bathroom 29, Bedroom 32, Bedroom 26, Bedroom 21, Bedroom 27, Bedroom 4, Bathroom 4, Bathroom 19, Bedroom 13, Bathroom 3, Bathroom 8, Bedroom 22, Bedroom 6, Bedroom 25, Bathroom 22, Bedroom 37, Bedroom 5, Bathroom 17, Bathroom 27, Bathroom 31, Bathroom 24, Bathroom 32, Bathroom 20, Bedroom 31, Bathroom 10, Bedroom 23, Bedroom 16, Bathroom 34, Bathroom 38, Bathroom 37, Bedroom 34, Bathroom 41, Bedroom 2, Bedroom 9, Bedroom 28, Bedroom 15, Bathroom 43, Bathroom 33, Bedroom 24, Bedroom 38, Bathroom 23, Bedroom 1, Bedroom 35, Bathroom 1, Bathroom 7, Bedroom 20, Bedroom 10, Bathroom 9, Bathroom 28, Bathroom 40, Bedroom 18, Bathroom 15, Bedroom 30, Bedroom 11, Bedroom 19, Bathroom 14, Bedroom 33, Bedroom 8, Bedroom 29, Bathroom 42, Bathroom 18, Bedroom 14, Bedroom 3, Bathroom 26, Bathroom 6, Bedroom 12, Bathroom 13
Parking 15
Parking features Covered, Gated, 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 5046-014-022
Size 32,476 SF
Lot size 0.31 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

controlled access
in-unit laundry
balconies
bicycle parking
EV charging
TV and Internet service
roof deck with lounging areas, dining tables, and grill

Building Details

Year built 2025
Floors in Building 4
Number of units 36
Listing Agency: Keller Williams Beverly Hills · Keller Williams Realty
Listed By: Dario Svidler · License #01884474
Added: May 7 Changed: Aug 1 Last Checked: Aug 6 at 11:06AM
MLS# 26830623

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.

This under-construction apartment community will deliver 36 total units on a double corner lot at 3567 Chesapeake Ave. The building is scheduled to receive a Certificate of Occupancy from late 2025 and is set up with central heating and central air. Parking options include covered, gated garage parking with attached garages and a total of 15 vehicle parking spaces, plus generous bicycle parking. Residents will benefit from controlled access and in-unit laundry, with some units featuring balconies. The unit mix includes eight two-bedroom/two-bath units, twenty-four one-bedroom/one-bath units, and four studio units, ranging from 542 to 1,007 SF. The rooftop includes lounging and dining areas, a grill, and unobstructed city views.

The property is zoned R3 and is positioned on a quiet, residential tree-lined street in West Adams, an area seeing new construction. Additional resident-related charges mentioned include parking and storage fees billed independently of rents. The community also includes EV charging, TV, and internet service billed directly to tenants, along with RUBS.

Eight 2-bed/2-bath, twenty-four 1-bed/1-bath, and four studio units include four restricted units reserved for affordable housing.

Key Highlights

  • 36‑unit apartment community with Certificate of Occupancy from late 2025
  • Double corner lot at 3567 Chesapeake Ave and zoning R3
  • Unit mix: eight 2 bed + 2 bath, twenty‑four 1 bed + 1 bath, four studio units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Travel Agency Computer & Electronic Repair Nursing Home Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,586
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Under-construction R3 apartment community on a double corner lot with controlled access, in-unit laundry, and 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: 36‑unit apartment community with Certificate of Occupancy from late 2025; Double corner lot at 3567 Chesapeake Ave and zoning R3; Unit mix: eight 2 bed + 2 bath, twenty‑four 1 bed + 1 bath, four studio units
More about this property
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