3434 Chesapeake Ave

3434 Chesapeake Ave, Los Angeles, CA 90016

  • For Sale $1,895,000
  • 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

Contacts

broker

Casey Lins Is this you?

Kidder Mathews

broker

Barak Cassilly Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    75/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood West Adams
  • Zip Code 90016
  • Market Los Angeles

Points of Interest

  • Culver City

    2.54 miles

  • Expo Park/USC

    3.41 miles

  • Farmer's Market

    3.43 miles

  • Palms

    3.43 miles

  • Wilshire/Vermont

    4.07 miles

  • Westlake/MacArthur Park

    4.52 miles

  • Pico

    4.64 miles

  • Westwood/Rancho Park

    4.66 miles

  • Vermont/Beverly

    4.70 miles

  • 7th Street/Metro Center

    5.21 miles

  • Chevron

    0.54 miles

  • Arco

    0.57 miles

  • Chevron

    0.67 miles

  • Valero

    0.69 miles

  • Mobil

    0.79 miles

  • Chevron

    0.82 miles

  • Valero

    0.83 miles

  • Sinclair

    1.52 miles

  • Shell

    1.54 miles

  • Chevron

    1.57 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

  • South Parking Structure

    2.83 miles

  • Baldwin Hills Motor Inn

    0.54 miles

  • Starlight Inn

    1.18 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

  • Park Cienega

    2.33 miles

  • Anne's Motel

    2.35 miles

  • La Cienega Inn

    2.38 miles

  • The Shay

    2.46 miles

  • Domino's

    0.54 miles

  • Taqueria Los Anaya

    0.59 miles

  • Del Taco

    0.63 miles

  • McDonald's

    0.64 miles

  • New Panda Buffet

    0.72 miles

  • Chef Marilyn's, Queen of Down Home Southern Goodies

    0.74 miles

  • mian

    0.93 miles

  • Taco Bell

    0.99 miles

  • Hotville

    1.01 miles

  • Beylul

    1.16 miles

  • Dorsey Senior High School

    0.17 miles

  • Virginia Elementary School

    0.39 miles

  • Coliseum Street Elementary School

    0.49 miles

  • Saint Agatha School

    0.65 miles

  • Cienega Elementary School

    0.72 miles

  • Hillcrest Drive Elementary School

    0.75 miles

  • Marlton Avenue School

    1.10 miles

  • Saint Bernadette School

    1.13 miles

  • Sixth Avenue Elementary School

    1.18 miles

  • Baldwin Hills Elementary School

    1.20 miles

  • Play Mountain Place

    1.88 miles

  • Valentina's Preschool

    1.97 miles

  • A Child's Place

    2.11 miles

  • Vernon Adult Day Program

    2.16 miles

  • Village Tree Preschool

    2.66 miles

  • Green Beginning Preschool

    2.70 miles

  • Gan Yaffa

    2.78 miles

  • Happyland Preschool

    2.87 miles

  • Inti Wasi Preschool

    3.28 miles

  • Ralph M. Parsons Preschool

    3.33 miles

Frequently Asked Questions

How much does 3434 Chesapeake Ave cost?

The space currently listed for sale at 3434 Chesapeake Ave asks for $1,895,000.

What is the total square footage of 3434 Chesapeake Ave?

3434 Chesapeake Ave totals 9,178 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact 3434 Chesapeake Ave