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3518 Chesapeake Ave
Los Angeles, CA 90016 Crenshaw

$12,595,000 USD

Apartments For Sale • 28,948 SF

Property Details

Property Type Apartments
Total Building Size 28,948 SF
Lot Size 0.29 AC
Building Class B
Year Built 2023
Cap Rate 5.66 %
Zoning R3

80 Transit Score

60 Walk Score

                
                    Highlights
                
                                2023 Certificate of Occupancy
                            
                                TV, Internet, Parking, EV Charging & Storage Income. RUBS - Ratio Utility Billing Systems
                            
                                Balconies and Common Area Open Spaces - Car and Bicycle Parking
                            
                                Gym, In-Unit Washer/Dryer, Controlled Access. Unobstructed Views from Many Units
                            
                                Metro Station One Block Away
                            
                                Convenient Access to USC, Culver City, DTLA, Santa Monica

Property Flyers

Chesapeake3518_OM

Financial Summary (Actual)

Net Operating Income: $712,729 USD (2025)

Cap Rate:	5.66 %
Total Expenses:	$310,078 USD

Amenities

Air Conditioning
Controlled Access
Dishwasher
Disposal
Fitness Center
Microwave
Property Manager on Site
Washer/Dryer
Disposal Chutes
Grill
Wheelchair Accessible
Refrigerator
Bicycle Storage
Car Charging Station
Community-Wide WiFi
Elevator
Double Pane Windows
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak)	14 min	-	8.2 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	14 min	-	8.5 mi
Transit/Subway	Drive	Walk	Distance
Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	0 min	1 min	0.1 mi
Expo/Crenshaw (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	12 min	0.6 mi
Expo/La Brea (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	12 min	0.7 mi
Airport	Drive	Walk	Distance
Los Angeles International	16 min	-	8.4 mi
Bob Hope	28 min	-	16.0 mi
Long Beach (Daugherty Field)	33 min	-	23.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Covered
Included in Rent:	Yes

Dario Svidler 424-600-7633 Partners CRE - KWBH

3518 Chesapeake Ave Los Angeles, CA 90016 Crenshaw