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3500 Chesapeake Avenue Los Angeles CA 90016 MLS #NP23104842

Metropointe North is a 22 unit apartment building built in 2021, with professional management provided by Power Property Management, and occupancy is stable. The units are pristine and the location is excellent, adjacent to the Farmdale light rail metro station. Unit mix includes: 8 one bedroom and one bath, 4 two bedroom and one bath, 9 two bedroom and two bath, and 1 three bedroom and two bath. 3 units are deemed affordable housing. The neighborhood has undergone a major economic boom and the economic outlook is bright considering the ongoing $1 billion redevelopment of nearby 43 acre Crenshaw Plaza over the next seven years. The long term demand for local housing for this area seems robust. The building features a central courtyard and an oversized yard with pavers on the south side of the building. Tenants have access to a bike closet and an elevator for added convenience. All units are equipped with stainless steel appliances, a washer and dryer, central air conditioning and heat.

Property Details

Price:
$10,795,000
MLS #:
NP23104842
Status:
Active
Baths:
0
Address:
3500 Chesapeake Avenue
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jun 12, 2023
State:
CA
ZIP:
90016
Year Built:
2021

Schools

Interior

Cooling
Central Air
Heating
Central

Exterior

Stories Total
5
Water Source
Public

Financial

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