3011 Chesapeake Ave, Los Angeles, CA 90016
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3011 Chesapeake Ave Los Angeles, CA 90016

$1,150,000 Sold Price as of 05/01/2024
  • 3 Beds
  • 3 Baths
  • 1,734 Sq.Ft.
Sold
$1,150,000 Sold Price as of 05/01/2024 Refinance Your Mortgage

Map preview of 3011 Chesapeake Ave, Los Angeles, CA 90016

Property Overview: 3011 Chesapeake Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,734 living square feet and 5,196 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Are you looking for a stunning property with 2 homes on 1 lot? If the answer is YES, Welcome Home! This Spanish-inspired California bungalow is in the heart of Los Angeles. This property offers a balance of modern updates and classic charm. The main home consists of 2 bedrooms and 2 bathrooms at 1,134 sq feet. You are welcomed with a true open concept, perfect for family gatherings. The large island in the kitchen is a chef's dream ideal for hosting family & friends. The designer master bath will truly leave you in awe. Bluetooth enabled surround sound speakers are built in for entertainment. The ADU is on the second level above the 2 car garage providing separation and privacy. This unit is approximately 600 sq feet with a lovely kitchen, large island, spacious living room, full size bedroom and private bathroom. Providing additional income, with an estimated potential rental proceed of $2,000 + monthly. The owner built an additional unit at the back of the property that can be used for various uses such as a home office, art studio, reading nook or yoga space. The 2 car car garage can be used as a garage or a potential future 3rd unit. There are wonderful outdoor areas around every turn offering plenty of space for outdoor living, hosting a BBQ and gardening. Located on a quiet, iconic LA tree-lined street, behind a private fence and electric gate. This property offers ample street parking, and the drive way can hold up to 5 cars behind the privacy gate. Must see this gem!

Listed by Moe Verma | BRE #01930462 | Keller Williams VIP Properties
Last checked: 2 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
5,196
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SR24028977
City
Los Angeles
County
Los Angeles
Time on Site
99 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3011 Chesapeake Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5057022007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: From the 10 Freeway exit LaBrea - Right Ferndale turns into W 30th - Right on Chesapeake
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 3011 Chesapeake Ave

Last sold for $1,150,000 on May 1st, 2024
  • May, 2024

  • May 1, 2024

    Date

    Sold

    CRMLS: SR24021301

    $1,150,000

    Price

  • Feb 1, 2024

    Date

    Active

    CRMLS: SR24021301

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2024

  • May 1, 2024

    Date

    Sold

    CRMLS: SR24028977

    $1,150,000

    Price

  • Feb 9, 2024

    Date

    Active

    CRMLS: SR24028977

    $1,250,000

    Price

  • May, 2012

  • May 17, 2012

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

  • October, 2011

  • Oct 14, 2011

    Date

    Sold (Public Records)

    Public Records

    $178,970

    Price

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Tax History for 3011 Chesapeake Ave

Assessed Value (2020): $457,702
Year Land Value Improved Value Assessed Value
2020 $259,820 $197,882 $457,702

Home Value Compared to the Market

This property vs the competition

3011 Chesapeake Ave sold on May 1, 2024 for 0.76% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $691.46 per/sqft which puts the price per square foot 8.42% lower than the current median sale per square foot for the city of Los Angeles.

About 3011 Chesapeake Ave

Detailed summary of property

3011 Chesapeake Ave is a single family home that recently sold in Los Angeles, CA 90016. This house offered 3 bedrooms, 3 bathrooms, roughly 1,734 living square feet, and sits on an approximately 5,196 square foot lot. 3011 Chesapeake Ave was first listed on ArdentRealEstateGroup.com on February 10, 2024. The homeowner sold the property for $1,150,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.76% higher than the current median priced home. Local homes that are currently for sale include 3010 Alsace Ave, 4620 Pickford St and 2937 Edgehill Dr. While the average home in Los Angeles, CA is selling in 92 days, 3011 Chesapeake Ave has a days on market of 39 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3011 Chesapeake Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3011 Chesapeake Ave

Public county record property details
Beds
2
Baths
1
Year built
1930
Sq. Ft.
1,134
Lot Size
5,195
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
58
APN
5057-022-007

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 3011 Chesapeake Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.