$15,390,000
3567 Chesapeake Avenue, Los Angeles CA 90016
Multi-Family (36 Units)
Property type
29 days
On market
$474
Price per sqft
N/A
Garage
2025
Year built
13,427 sqft
Lot size
Home highlights
Open Houses
Overview
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...
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 18, 2026 at 06:18pm.
Last checked: Jun 3, 2026 at 11:01pm
Source: CRMLS #26830623
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 0 | 1 | — | $2,098 | $6,294 | $6,900 | Unfurnished |
| 24 | 1 | 1 | — | $2,505 | $60,119 | $66,000 | Unfurnished |
| 5 | 2 | 2 | — | $3,362 | $16,811 | $16,250 | Unfurnished |
| 1 | 0 | 1 | — | $2,041 | $2,041 | $2,041 | Unfurnished |
| 3 | 2 | 2 | — | $2,264 | $6,791 | $8,661 | Unfurnished |
# of Buildings: 1
# of Units Total: 36
Dishwasher: 36
Refrigerator: 36
Financial Snapshot
Gross Rent Multiplier
13.0x
List Price / Annual Gross Rent
Cap Rate
5.18%
NOI / List Price
Net Operating Income: $797,563
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: 15
Lot Information
Land Lease: No
Parcel #: 5046014022
Zoning: R3
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 3567 Chesapeake Avenue, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$12,312,000
Total Interest
$15,703,277
Total Payment
$28,015,277
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$94,001
per month
Property History for 3567 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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