3518 Chesapeake Ave

With a Certificate of Occupancy from 2023, the building features all the modern

systems and conveniences your future tenants have come to expect, from spacious

units with new appliances to manicured common areas and a comfortable gym, to

the tremendous convenience of being just a hop and a skip to the Farmdale Metro

Expo (E) Station, just one block away!

Featuring controlled access, in-unit laundry, sleek designs, some apartments with

balconies, bicycle parking and 19 vehicle parking spaces, the property backs up to a

vast single family-zoned area, with low-rise homes, unobstructed views and easier

street parking.

The property offers additional income, such as parking and storage fees charged

independently of rents, along with EV Charging, TV and Internet service, which is

billed directly to tenants along with RUBS.

The property boasts fifteen 2 bed + 2 bath, eight 1 bed + 1 bath and nine studio

units, ranging from 475 to 966 SF.

There are three restricted units reserved for affordable housing.

The area has undergone a major economic renaissance during the past decade, with

development as the driving force. The new apartment and mixed-use developments in

the immediate area have provided an overwhelming increase in the demand for

high end rental units and retail.

The building is a stone’s throw to the Rancho Cienega Recreation Center and Dorsey

Senior High School. Take the Metro to USC or Culver City, continue on to Downtown

LA or Santa Monica!

The area features tons of new restaurants, cafes, markets and much more! It is hard

to keep track of what has opened and what is in the planning to open in the near

future!

A Brand New 36 Unit Apartment Building on the southern corner of the block is also

available and may be purchased together with this property!