3500 Chesapeake Avenue Los Angeles, CA 90016

20,449 Sqft
13,725 Sqft lot
0.32 Acre lot
Status: Active
Property Type: Multi Family
Year Built: 2021
Days on Website: 335

Property listed by Compass, Tim Robertson 949-322-7779

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.

Open House

Property Details and Features

  • Built in 2021
  • Building area total: 20,449
  • 1 building
  • Elevators
  • CentralAir
  • Central
  • LaundryCloset
  • ListingID: NP23104842
  • Standard status: Active
  • 229 days on market
  • Country: US
  • 0.3151 acres
  • 13,727 square feet
  • Size: 13,727
  • CornerLot