3500 Chesapeake Avenue
Los Angeles, CA 90016
$200,000.00 (-1.82%)
Active for $10,795,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 13,727 sqft
MLS | NP23104842 |
Year Built | 2021 |
Property Type | Multi Family |
County | Los Angeles |
Status | Active |
Active | $10,795,000 |
Structure Size | N/A sqft |
Lot Size | 13,727 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Tim Robertson, Compass 949-322-7779. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.