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.
Property Details
Price:
$899,000
MLS #:
26859823
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Jul 17, 2026
Finished Sq Ft:
2,087
Total Sq Ft:
2,087
Lot Size:
6,359 sqft / 0.15 acres (approx)
Year Built:
1944
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Levels
A
Exterior
Parking Spots
8
Parking Total
8
Financial
Map
Community
- Address3566 CHESAPEAKE AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jul 26, 2026
7,671
Single Family Listed
82
Avg DOM
436
Avg $ / SqFt
$1,619,005
Avg List Price
Property Summary
- 3566 CHESAPEAKE AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $899,000 and features 7 beds, 4 baths, and has approximately 2,087 square feet of living space, and was originally constructed in 1944. The current price per square foot is $431. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,619,005.
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3566 CHESAPEAKE AV
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