Property Description

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.

Features
: Other
: Central Air
Address Map
CA
Los Angeles
Los Angeles
90016
3500 Chesapeake Avenue
0
W119° 39' 18.4''
N34° 1' 24.9''
East on Obama, left on Chesapea
MLS Addon
Compass
Tim Robertson
tim.robertson@compass.com
CR298544
CR80981310
: Public

Commercial Sale For Sale

3500 Chesapeake Avenue, Los Angeles, California 90016

20,449 Sqft
$10,795,000
Listing ID #CRNP23104842
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRNP23104842
Price : $10,795,000
Square Footage : 20,449 Sqft
Year Built : 2021
Lot Area : 13,727 Sqft
Status : Active
Property SubType : Comm Ind For Sale
Agent info
Michael Roberts
Contact Agent