3566 Chesapeake Ave, Los Angeles, CA 90016
3566 Chesapeake Ave, Los Angeles, CA 90016
3566 Chesapeake Ave, Los Angeles, CA 90016
3566 Chesapeake Ave, Los Angeles, CA 90016
3566 Chesapeake Ave, Los Angeles, CA 90016
3566 Chesapeake Ave, Los Angeles, CA 90016
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$ 849,000
Est. payment | /mo

4 Beds

3 Baths

2,087 SqFt


Save
$ 849,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,087 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,087 sqft

Price per Sqft $406

MLS Listing ID 26106148

Bedrooms 4

Year Built 1944

Lot Size 6,409 Sqft

Acres 0.1471

Property Sub-Type Multi-Family

Property Description

6 bedroom Duplex plus vacant bonus unit. 4-bedroom+ 2-bath and a 2-bedroom 1 bath unit, PLUS a vacant additional bonus unit next to the garage equipped with plumbing, offering additional potential rental income. *Seller is open to a credit towards buyers rate buy down,buyer expenses and closing costs! * Exceptional rental and development opportunity in the heart of one of Los Angeles' most rapidly evolving neighborhoods. Situated on an LAR3 lot close to the Metro in a TOC Tier 3 designation, . Substantial upside for investors, developers, and long-term hold buyers. All tenants are currently month-to-month, and the property will be sold with tenants in place.Located on a quiet, desirable street in the thriving Jefferson Park/Exposition corridor, the property is surrounded by significant new development and enjoys convenient access to the Metro, Jefferson Park, Leimert Park, the 10 Freeway, West Adams,Culver City, Downtown Los Angeles, USC, and Santa Monica. Nearby amenities include Rancho Cienega Sports Complex, popular restaurants and cafes, the Metro, and an array of neighborhood conveniences that continue to attract residents and investors alike. The area boasts bike ability, and public transit access, making it particularly appealing for future development opportunities.Whether you're seeking to capitalize on the existing cash flow or maximize the site's redevelopment potential under TOC incentives, opportunities like this are becoming increasingly rare. Bonus unit is not rented and has no permits. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own research and findings.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Community Garage, Driveway

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by KHORR Realty

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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3566 Chesapeake Ave

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