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$899,000
9 Days On Site

3566 CHESAPEAKE Avenue
Los Angeles, CA 90016

For Sale|Residential Income|Active
7
Beds
4
Total Baths
2,087
SqFt
$431
/SqFt
1944
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
3566 CHESAPEAKE Avenue3566 CHESAPEAKE Avenue3566 CHESAPEAKE Avenue3566 CHESAPEAKE Avenue
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Exceptional development opportunity in the heart of one of Los Angeles' most rapidly evolving neighborhoods. Situated on an LAR3 lot in a Transit Oriented Communities (TOC) Tier 3 designation, this income-producing property features a 4-bedroom, 2-bath unit, a 2-bedroom unit, plus an additional bonus unit next to the garage offering potential rental income. 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, 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 findings.

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Listing Snapshot
Price 
$899,000
Days On Site 
9 Days
Bedrooms 
7
Inside Area (SqFt) 
2,087 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.146 Acres
Year Built 
1944
MLS® Number 
26859823
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.146
Disclosures 
RentControl
Garage 
Yes
Levels 
One
Parking 
DrivewayGarage
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
2087
Zoning 
LAR3
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
PHHT - Park Hills Heights
Listing courtesy of Pila Jessie of KHORR Realty

Based on information from the The MLS as of 2026-07-27 09:18 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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