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6 Beds
2,087 sqft

$865,000

3566 CHESAPEAKE Avenue, Los Angeles CA, 90016

Price per sqft$414.47
Built in1944
Property size2,087 sqft
Property typeResidential

Overview

Active

Listed Jul 17, 2026

Updated 3 weeks ago

PRIME LOCATION! Walking distance to the Metro. 4-bedroom/ 2-bath unit, a 2-bedroom 1 bath unit, PLUS a vacant additional bonus unit next to the garage equipped with plumbing, offering additional potential rental income. 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. 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.

$5,755/mo

Est. mortgage payment based on a $865,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26859823

Interior Features

Bedrooms
6
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Pila Jessie, with KHORR Realty
Listing Contact: 424-512-2883 

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