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Property Description

The Peake is a recently constructed 32-unit modern luxury apartment community in the West Adams neighborhood of Los Angeles. The Peake is situated in a thriving focal point of Los Angeles for high-end living, retail, dining and entertainment with many transportation options and ease of access to many of Los Angeles’ popular destinations.

High Quality Asset: The Peake offers investors a newly built, modern luxury, eco-friendly property that’s extremely well-located. It also features an excellent mix of units and amenities.

Prime Location: The Property is located in a coveted pocket of Los Angeles with superb transportation access. It lies just steps away from the Farmdale metro station, with many choice shops and restaurants nearby. It’s prime location offers easy access to Hollywood, Downtown, and the beach.

Luxury Complex: This 32-unit apartment community, developed in 2023, offers a host of luxury amenities, from eco-friendly living to iconic views, electric car charging stations, a courtyard with a BBQ and a fitness center. RUBS has been implemented for water, sewer, trash and gas (for hot water).

Newly Constructed Units: Featuring studios, one, and two-bedroom apartment floor plans, all units include all electric appliances, in-unit laundry, gourmet contemporary kitchens, central air & heat, smart door unit locks, spacious rooms, recessed lighting, private balconies and more.

Thriving Multifamily Market: The upscale suburban enclave of nearby Culver City and Downtown Los Angeles displays a thriving economy with strong market fundamentals, favorable demographics and highly sought-after apartment rentals. The area is known for its nearby attractions, top-rated dining and shopping and endless recreational offerings.

Features
: Central
: Central Air
4
1
: Dryer Included, Washer Included
0
: Sidewalks, Street Lights, Urban
Additional Information
Lee & Associates
0
F207058099
F8048001
Warren
5046015027
: Standard
Three Or More
35

Multi-Family For Sale

3518 Chesapeake Avenue, Los Angeles, California 90016

28,948 Sqft
$14,675,000
Listing ID #SR24061953
Basic Details
Status : Active
DaysOnMarket : 274
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SR24061953
Price : $14,675,000
Living Area : 28,948 Sqft
Lot Size : 12,824 Sqft
Year Built : 2023
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90016
Price Per Square Foot : $507
ModificationTimestamp : 2024-12-27 06:48:03
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