3550 Chesapeake Avenue, Los Angeles CA, 90016
(Active)
$1,395,000
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MLS# 24367871
Last Updated: 5/3/2024 1:01 AM
Description for
3550 Chesapeake Avenue
Los Angeles, CA 90016
* RTI * Ready To Issue 5 Unit Development ready to build located blocks away from Culver City, in the Heart of West Adams. SB8 EXEMPT. Located next to brand new residential and commercial developments, this project consists of 5 Townhouse-Style Units. Project consists of 4- 4 Bedrooms 4.5 Bathroom Units, and 1- 3 Bedroom 3.5 Bathrooms. Unit 1: 4 Bedrooms + 4.5 Bathrooms, 1,825 Square Feet; - * Projected rent $5,595/month*. Unit 2: 3 Bedrooms + 3.5 Bathrooms, 1,427 Square Feet; - *Projected rent $5,195/month*. Unit 3: 4 Bedrooms + 4.5 Bathrooms, 1,930 Square Feet - *Projected rent $5,595/month*. Unit 4 : 4 Bedrooms + 4.5 Bathrooms, 2,064 Square Feet. - *Projected rent $5,595/month*. Unit 5 : 4 Bedrooms + 4.5 Bathrooms, 1,683 Square Feet. - *Projected rent $5,695/month* * * Projected income to be $27,675 per month and $332,100 per year. * *
Price
$1,395,000
Los Angeles
24367871
Active
Description
* RTI * Ready To Issue 5 Unit Development ready to build located blocks away from Culver City, in the Heart of West Adams. SB8 EXEMPT. Located next to brand new residential and commercial developments, this project consists of 5 Townhouse-Style Units. Project consists of 4- 4 Bedrooms 4.5 Bathroom Units, and 1- 3 Bedroom 3.5 Bathrooms. Unit 1: 4 Bedrooms + 4.5 Bathrooms, 1,825 Square Feet; - * Projected rent $5,595/month*. Unit 2: 3 Bedrooms + 3.5 Bathrooms, 1,427 Square Feet; - *Projected rent $5,195/month*. Unit 3: 4 Bedrooms + 4.5 Bathrooms, 1,930 Square Feet - *Projected rent $5,595/month*. Unit 4 : 4 Bedrooms + 4.5 Bathrooms, 2,064 Square Feet. - *Projected rent $5,595/month*. Unit 5 : 4 Bedrooms + 4.5 Bathrooms, 1,683 Square Feet. - *Projected rent $5,695/month* * * Projected income to be $27,675 per month and $332,100 per year. * *
Listing Information
| Property Type: Land, Other | ||
| 0.15 Acres | ||
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
City
LAR3
Driving Directions
Cross Streets: Exposition Blvd. between La Brea and Buckingham.
Financial Considerations
| 5046015031 |
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90016 has a population of 3,956,168.
The median household income in Los Angeles, California 90016 is $51,463. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90016 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/3/2024 | Sold | $1,005,700 USD -27.91% | public records |
| 3/13/2024 | Active | $1,395,000 USD 39.67% |
|
| 12/8/2023 | Sold | $998,800 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $956 USD | 3.46% | $58,847 USD | 2.00% |
| 2022 | $924 USD | 2.55% | $57,694 USD | 2.00% |
| 2021 | $901 USD | -0.33% | $56,564 USD | - |
| 2020 | $904 USD | 3.79% | $56,564 USD | 1.03% |
| 2019 | $871 USD | 8.88% | $55,985 USD | 2.00% |