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Controlled-Access Apartment Community
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3567 Chesapeake Avenue, Los Angeles, CA 90016

32-unit apartment community with controlled access, in-unit laundry, and on-site amenities including a gym.

Property Size32,476 SF
Price / SF$473.89
Days on Market99

Property Features for 3567 Chesapeake Avenue

General Information

Standard status Active
Size 32,476 SF
Total Parking Spaces 19
Property subtype Multifamily

Additional Details

Multifamily Units 32

Amenities

gym
in-unit laundry
controlled access
bicycle parking
EV charging
TV and Internet service
balconies

Building Details

Year Built 2023
Tenancy Multi
Listing Agency: Partners CRE
Listed By: Dario Svidler · License #CA 01884474
Source: Crexi
Added: May 7 Changed: Jul 22 Last Checked: Aug 13 at 3:41AM

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 Partners CRE

Investment Insights

Based on property information with market context.

The Peake is a 32-unit apartment community with a Certificate of Occupancy issued in 2023. The building includes modern systems and conveniences, with in-unit laundry, a comfortable gym, and manicured common areas. Unit configurations include fifteen 2 bed/2 bath, eight 1 bed/1 bath, and nine studio units, ranging from 475 to 966 square feet, with some apartments offering balconies. The property also has bicycle parking and 19 vehicle parking spaces, and it features controlled access.

The property is located on Chesapeake Avenue on a quiet, residential tree-lined street in West Adams. The building backs up to a vast single-family-zoned area with low-rise homes and unobstructed views. The remarks indicate the Farmdale Metro Expo (E) Station is one block away and that additional income is available through parking and storage fees charged separately from rents. EV charging and tenant-billed services (including TV and Internet service and RUBS) are also noted.

Three restricted units are reserved for affordable housing. The property is described as being near Rancho Cienega Recreation Center and Dorsey Senior High School.

Key Highlights

  • 32‑unit apartment community at 3518 Chesapeake Ave in West Adams
  • CO issued in 2023; building includes modern systems and conveniences for tenants
  • Unit mix: fifteen 2BD/2BA, eight 1BD/1BA, and nine studios (475–966 SF)

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

32
Residential units
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Apartment building - 32-unit apartment community with controlled access, in-unit laundry, and on-site amenities including a gym.
Where is this apartment building located?
The property is located at 3567 Chesapeake Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $15,390,000.
What are key features of this property?
This property features: 32‑unit apartment community at 3518 Chesapeake Ave in West Adams; CO issued in 2023; building includes modern systems and conveniences for tenants; Unit mix: fifteen 2BD/2BA, eight 1BD/1BA, and nine studios (475–966 SF)
(310) 432-6400 Call to check price and availability
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