

3567 Chesapeake AveLos Angeles, CA 90016
Multi-Family · 40 Beds · 32,476 Sq. ft. | 0.31 Acres3567 Chesapeake Ave Overview
- Time on Site:
- 53 days
- Visits:
- 0
REDUCED! We are proud to present for sale Cloud Nine, a 36 Unit Apartment Community in vibrant West Adams. The property is located on a double corner lot at 3567 Chesapeake Ave. (a quiet, residential tree-lined street), in a neighborhood quickly undergoing a transformation, full of new construction! With a Certificate of Occupancy from late 2025, the building features all the modern systems and conveniences your future tenants have come to expect, from spacious units with brand new appliances to manicured common areas including a spacious roof that includes lounging areas, dining tables, a grill and unobstructed views of the city, to the tremendous convenience of being just a hop and a skip to the Farmdale Metro Expo (E) Station, just over one block away! Featuring controlled access, in-unit laundry, sleek designs, some apartments with balconies, generous bicycle parking and 15 vehicle parking spaces, the property in on the edge of 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 eight 2 bed + 2 bath, twenty-four 1 bed + 1 bath and four studio units, ranging from 542 to 1,007 SF. There are four 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 recent-construction 32 Unit Apartment Building just north, on the same block, is also available and may be purchased together with this property!
3567 Chesapeake Ave Facts & Features
- Type Multi-Family
- Sq. ft. 32,476
- Price/Sq.ft. $462
- Lot 0.31 Acres
Details
General
Income/Expenses
- Gross Income: 1186464
- Net Operating Income: 802436.00
Building Information
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Park Hills Heights
Tax Information
- Tax Assessed Value: 3813932
General Information
- Disclosures: As Is, Other
- Property Type: Residential Income
- Zoning: R3
Interior
Beds/Baths
- Bathrooms Total: 44.00
- Bedrooms Total: 40
General Information
- Cooling: Central
- Heating: Central
- Levels: Three Or More
- Living Area: 32476
- Living Area Source: Developer
- Security Features: Gated
- Stories: 4
Exterior
Parking Information
- Parking Total: 15
Lot Information
- Lot Size Acres: 0.3082
- Lot Size Area: 13427
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
General Information
- Number Of Units Total: 36
- Other Structures: None
3567 Chesapeake Ave Neighborhood
Community
90016 (LOS ANGELES) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3567 Chesapeake Ave Monthly Cost
3567 Chesapeake Ave Market Data
Based on the last 30 days in this zip code
3567 Chesapeake Ave History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: CRMLS | $14,995,000 -2.6% |
|
| 6/23/2026Source: TheMLS (CLAW) | $14,995,000 -2.6% |
|
| 5/7/2026Source: CRMLS | May 07, 2026 |
|
| 5/7/2026Source: TheMLS (CLAW) | May 07, 2026 |