Map of Property

3434 Chesapeake Ave

For Sale

3434 Chesapeake Ave, Los Angeles, CA 90016

This Los Angeles property for sale is located at 3434 Chesapeake Ave. The current listed sale price for 3434 Chesapeake Ave is $1,895,000. 3434 Chesapeake Ave is situated on a lot that is 1.5 acre in size.

Contacts

broker
Casey Lins

Kidder Mathews

broker
Barak Cassilly

Kidder Mathews

Property Details

  • Property Type VacantLand
  • Property Size 9,178 SF
  • Lot Size 1.5 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 24, 2024

Price reduced! We are pleased to present 

a 100% vacant land development 

opportunity located in the heart of West 

Adams! 

Totaling ±9,178 SF of LARD1.5 Tier 3 

TOC land, a new owner has the ability 

to capitalize on various exit strategies 

that include the following:

• Current RTI plans for a market rate 

10-unit + 2 ADU multi-family forrent building.

• 100% affordable housing up to 

50 units (feasibility study available 

on request)

• Subdivision for 6-7 homes

• Multiple duplex style build yielding 

6-10 large units

Located just steps away from the 

trendy Jefferson Blvd corridor that 

includes numerous amenities such 

as Highly Likely (local café) and the 

soon-to-be Maydan Market (food hall)

that includes Michelin Star connected 

restaurant Compass Rose. Being just 

0.1 miles away, a 3-minute walk, from 

the Farmdale Metro Rail Line station, 

tenants have the ability to easily access 

Santa Monica, Culver City, USC, LAX, 

and Downtown LA.

Ownership has plans in place for a market 

rate 10-unit + 2 ADU development that 

can be included in a sale. As a 100% 

affordable ED1 development, there’s 

potential for up to 50 units with no 

parking requirements and an affordable 

stick on grade type construction.

With its Opportunity Zone location, 

the proper ty is well positioned 

for a developer seeking a well-located property with high rental 

demands that is nearby significant 

employment opportunities.

Buyer shall complete their own due 

diligence to determine the development 

potential. Please contact Casey Lins at 

714-333-6768 or [email protected]

for additional information.

 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 81/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 75/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood West Adams
  • Zip Code 90016
  • Market Los Angeles

Points of Interest

  • Farmdale

    0.10 miles

  • Martin Luther King Jr.

    1.12 miles

  • Leimert Park

    1.54 miles

  • Expo/Western

    2.11 miles

  • Hyde Park

    2.62 miles

  • Expo/Vermont

    3.07 miles

  • Wilshire/Western Station

    3.31 miles

  • Wilshire/Western

    3.31 miles

  • Farmer's Market

    3.43 miles

  • Palms

    3.43 miles

  • Chevron

    0.54 miles

  • Shell

    0.56 miles

  • Arco

    0.57 miles

  • 76

    0.61 miles

  • Valero

    0.69 miles

  • Thrifty

    0.75 miles

  • Mobil

    0.79 miles

  • FLO

    2.60 miles

  • Electric Vehicle Charging Station

    3.25 miles

  • Culver City Supercharger

    3.69 miles

  • Metro Parking

    0.56 miles

  • Metro Park and Ride

    1.55 miles

  • Washington And Fairfax Park And Ride

    1.58 miles

  • P

    1.72 miles

  • Staff Parking

    1.84 miles

  • Numero Uno Market Parking

    2.13 miles

  • Lot A

    2.65 miles

  • Lot 1

    2.66 miles

  • Ince Parking Garage

    2.75 miles

  • Culver Steps Parking Garage

    2.80 miles

  • Lulz

    0.50 miles

  • Baldwin Hills Motor Inn

    0.54 miles

  • LA Modern Hostel

    0.87 miles

  • GEM

    1.12 miles

  • Starlight Inn

    1.19 miles

  • Royal Hawaiian Motel

    1.40 miles

  • Sea Way Motel

    1.86 miles

  • King's Lodge

    2.15 miles

  • Friendship Motor Inn

    2.18 miles

  • Best Motel

    2.25 miles

  • Superior Grocers

    0.58 miles

  • Smart & Final

    0.59 miles

  • Ralphs

    0.64 miles

  • Bodega R-Ranch Market

    0.83 miles

  • Albertsons

    0.89 miles

  • Sears

    1.13 miles

  • Advance Food Market

    1.15 miles

  • HYA

    1.29 miles

  • Right Choice Caribbean Market

    1.31 miles

  • Whole Foods Market

    1.61 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 3434 Chesapeake Ave