$13,000,000
3518 Chesapeake Avenue, Los Angeles CA 90016
Multi-Family (32 Units)
Property type
32 days
On market
$457
Price per sqft
N/A
Garage
2023
Year built
12,810 sqft
Lot size
Home highlights
Open Houses
Overview
We are proud to present for sale The Peake, a 32 Unit Apartment Community in vibrant West Adams. The property is located at 3518 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 2023, the building features all the modern systems and conveniences your...
Listing provided by: Dario Svidler DRE #01884474 424-600-7633, Keller Williams Beverly Hills, Shaya Braverman DRE #01861842 424-421-3526, Keller Williams Beverly Hills
Listing updated: May 12, 2026 at 07:21am.
Last checked: Jun 4, 2026 at 08:00am
Source: CRMLS #26829517
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 9 | 0 | 1 | — | $1,894 | $17,049 | $20,700 | Unfurnished |
| 8 | 1 | 1 | — | $2,370 | $18,960 | $22,000 | Unfurnished |
| 12 | 2 | 2 | — | $3,000 | $36,000 | $39,000 | Unfurnished |
| 3 | 2 | 2 | — | $2,757 | $8,271 | $2,757 | Unfurnished |
# of Buildings: 1
# of Units Total: 32
Dishwasher: 32
Refrigerator: 32
Financial Snapshot
Gross Rent Multiplier
12.3x
List Price / Annual Gross Rent
Cap Rate
5.44%
NOI / List Price
Net Operating Income: $699,116
Interior
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 4
Levels: Three Or More
Security Features: Gated Community
Garage and Parking
Parking: Covered, Gated
Garage: Attached
Parking Total: 19
Lot Information
Land Lease: No
Parcel #: 5046015034
Zoning: R3
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 3518 Chesapeake Avenue, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$10,400,000
Total Interest
$13,264,627
Total Payment
$23,664,627
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$79,427
per month
Property History for 3518 Chesapeake Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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