3518 Chesapeake Avenue, Los Angeles

$15,500,000

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10 Beds
4 Baths
.29 Acre
0 Garage

The Peake is a recently constructed 32-unit modern luxury apartment community in the West Adams neighborhood of Los Angeles. The Peake is situated in a thriving focal point of Los Angeles for high-end living, retail, dining and entertainment with many transportation options and ease of access to many of Los Angeles’ popular destinations.



High Quality Asset: The Peake offers investors a newly built, modern luxury, eco-friendly property that's extremely well-located. It also features an excellent mix of units and amenities.



Prime Location: The Property is located in a coveted pocket of Los Angeles with superb transportation access. It lies just steps away from the Farmdale metro station, with many choice shops and restaurants nearby. It's prime location offers easy access to Hollywood, Downtown, and the beach.



Luxury Complex: This 32-unit apartment community, developed in 2023, offers a host of luxury amenities, from eco-friendly living to iconic views, electric car charging stations, a courtyard with a BBQ and a fitness center. RUBS has been implemented for water, sewer, trash and gas (for hot water).



Newly Constructed Units: Featuring studios, one, and two-bedroom apartment floor plans, all units include all electric appliances, in-unit laundry, gourmet contemporary kitchens, central air & heat, smart door unit locks, spacious rooms, recessed lighting, private balconies and more.



Thriving Multifamily Market: The upscale suburban enclave of nearby Culver City and Downtown Los Angeles displays a thriving economy with strong market fundamentals, favorable demographics and highly sought-after apartment rentals. The area is known for its nearby attractions, top-rated dining and shopping and endless recreational offerings.

Essential Information

MLS® #
SR24061953
Price
$15,500,000
Bedrooms
10
Bathrooms
4.00
Acres
0.29
Year Built
2023
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
3518 Chesapeake Avenue
Area
699 - Not Defined
City
Los Angeles
County
Los Angeles
Zip Code
90016
Senior Community
N

Community Features

Street Lights, Sidewalks, Urban

Amenities

Pool
None

Parking

Assigned, Electric Vehicle Charging Station(s)

Garages

Assigned, Electric Vehicle Charging Station(s)

Interior

Appliances
Dryer, Washer
Heating
Central
Cooling
Central Air
# of Stories
4
Stories
Three Or More

Lot Description

Landscaped, Level, Sprinkler System, Walkstreet

Additional Information

Date Listed
March 26th, 2024
Days on Market
50
Zoning
LAR3

Listing Details

Agent
Warren Berzack
Office
Lee & Associates

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 8:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.