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3566 Chesapeake Avenue

Los Angeles, CA 90016
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Bed 7

Bed

Bath 4

Bath

SqFt2,087

Sqft

SqFt6,359

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $899,000

AD Id : 88281410

MLS Id : 26859823

Beds : 7

Lot Size : 6,359 Sqft

Living Area Size : 2,087

Year Built : 1944

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 4
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1944
    Building Area Total: 2087
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 6359 Lot Size Acres: 0.146 Lot Size Source: Assessor Lot Size Square Feet: 6,359

  • Listing Price Information

    Listing Price: $899000

  • Tax Information

    Parcel Number: 5046015016

  • Location Information

    Direction: CHEAPEAKE NORTH OF RODEO SOUTH OF EXPOSITION
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2129 Crenshaw Boulevard, Los Angeles, CA, 90016 $2,500,000 16 21 9,520 9,520 SqFt
2413 S Victoria, Los Angeles, CA, 90016 $1,089,900 3 2 1,385 1,385 SqFt
3809 W 30th Street, Los Angeles, CA, 90016 $1,180,000 6 -- 5,213 5,213 SqFt
2847 S Victoria, Los Angeles, CA, 90016 $2,995,000 -- -- 5,947 5,947 SqFt
1934 Vineyard Avenue, Los Angeles, CA, 90016 $1,379,000 3 2 2,042 2,042 SqFt
2919 Somerset Drive, Los Angeles, CA, 90016 $999,000 3 2 1,049 1,049 SqFt
2636 Virginia Road, Los Angeles, CA, 90016 $3,250,000 16 -- 6,936 6,936 SqFt
2045 Claudina Avenue, Los Angeles, CA, 90016 $849,000 4 1 1,588 1,588 SqFt
2337 Vineyard Avenue, Los Angeles, CA, 90016 $1,435,000 3 -- 3,746 3,746 SqFt
3045 Wellington Road, Los Angeles, CA, 90016 $2,299,000 12 -- 5,247 5,247 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/26/2026 @ 17:09

MLS: 26859823 LISTED BY: Pila Jessie, KHORR Realty 424-512-2883 SOURCE: CRMLS

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