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$14,500,000

3518 Chesapeake Ave Los Angeles, CA 90016

0.3 acres
Condo

Property details

About 3518 Chesapeake Ave

The Peake at 3518 Chesapeake Avenue is a 32 unit apartment building that was recently completed in 2023. The property is 4 stories over a level of on-grade parking and located steps from the Expo Metro E Line Farmdale station, connecting the property to the Westside and Downtown Los Angeles. The diverse unit mix consists of 9 studios with one bathroom, 8 one bedrooms with one bathroom and 12 two bedrooms with two bathroom plus 3 units that are affordable two bedrooms with two bathrooms.

Highlights

Home typeCondominium
StatusActive
Lot size0.29 Acres
Year built2023
MLS #OC25089851
Garage19 spaces

Summary

  • Garage Space: 19 spaces
  • Private Pool: No
  • List Price: $14,500,000
  • Annual Tax Amount: $75,118
  • Tax Year: 2024
  • Lot: Paved
  • Directions: Off of Chesapeake Ave and W Exposition Blvd
  • Year Built: 2023
  • Stories: 4
  • Lot Size: 0.29 Acres
  • MLS Number: OC25089851
  • MLS Name: CRMLS
  • Office Name: NorthMarq Realty Services, Inc
  • Office Phone: (310) 621-8221
  • Listing Agent: Brent Sprenkle

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 19, 2021
Home Sold
$900,000
Nov 26, 2013
Home Sold
$396,000

Tax history

YearAssessmentProperty Tax
2024$6,092,720$75,118

History based on county public records data.

Nearby schools

4

Coliseum Street Elementary School

Public District PK-5

0.4 mi

4400 Coliseum St

6

Virginia Road Elementary

Public District KG-5

0.5 mi

2925 Virginia Rd

2

Hillcrest Drive Elementary

Public District KG-5

0.7 mi

4041 Hillcrest Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,367. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
40%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3518 Chesapeake Ave

The listing price of 3518 Chesapeake Ave property is $14,500,000.

The property 3518 Chesapeake Ave is a condo located in Los Angeles, California, 90016.

Active Listing: 3518 Chesapeake Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3518 Chesapeake Ave are: Coliseum Street Elementary School (GreatSchools Rating 4/10), Virginia Road Elementary (GreatSchools Rating 6/10), Hillcrest Drive Elementary (GreatSchools Rating 2/10), Stella Middle Charter Academy (GreatSchools Rating 5/10), Isana Nascent Academy (GreatSchools Rating 3/10), Audubon Middle School (GreatSchools Rating 2/10), Dorsey High School (GreatSchools Rating 2/10), View Park Continuation (GreatSchools Rating 1/10), Catch Preparatory Charter High Inc. (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $75,118 (source: MLS/based on county public records data).

The last sale was on October 19, 2021 for $900,000 (source: MLS/tax record).

The property at 3518 Chesapeake Ave has 0 bathroom.

The year of construction for 3518 Chesapeake Ave is 2023.

This home is located at 3518 Chesapeake Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $14,500,000.

In June 2025 more than 282 listings in Los Angeles, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.

From Rocket Homes Real Estate and based on county public records data.

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