15
See all 15 photos
$849,000
Est. payment /mo
4 Beds
3 Baths
2,087 SqFt
New
3566 Chesapeake AVE Los Angeles, CA 90016
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,087 sqft
Price per Sqft $406
MLS Listing ID 26106148
Bedrooms 4
HOA Y/N No
Year Built 1944
Lot Size 6,407 Sqft
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 Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Community Structure
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5046015016
Special Listing Condition Standard
Listed by Pila Jessie KHORR Realty #01324968
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION