Check Availability
$1,080,000 - $1,318,000
House - In Contract

3011 Chesapeake Avenue

Los Angeles, CA 90016
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1734 Sqft
Sold May 17, 2012
$265,000
$465,000 by Broker Solutions Inc
Mortgage Due Sep 01, 2049
Sold Oct 14, 2011
$178,970

About This Property

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!

The manager has listed the unit size as 1734 square feet.
Unit Size
1,734Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$691
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Moe Verma
Keller Williams VIP Properties

Price History

Date / Event Date Event Price
Apr 3, 2024 In contract -
In contract
Apr 1, 2024 Relisted $1,199,000
Relisted
Mar 22, 2024 No longer available -
No longer available
Mar 6, 2024 Price Decreased $1,199,000
↓ $51K (4.1%)
Price Decreased
Feb 9, 2024 Listed $1,250,000
Listed
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…

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,196
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,134
  • Building Area: 1,134
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7030
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 7030 LOT/SEC 58

Ownership

  • Current Owner : POSADA JOSE LEOPOLDO
  • Current Owner 2: POSADA JULIANA G
  • Previous Owner : EAGLE OPPORTUNITY INVESTMENTS LLC
  • Owner Before Previous Owner: SUMPTER ROOSEVELT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 220000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 43-B5
  • Subdivision Tract Number: 7030
  • Parcel: 5057-022-007
  • Lot: 58
  • Municipality: WEST /ADAMS/CRENSHAW
  • Latitude: 34.0272
  • Longitude: -118.345

    Address

  • Full Address: 3011 Chesapeake Ave
  • Address - House Number: 3011
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 4020
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,767
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 1,150,054
  • High Value: 1,388,797
  • Low Value: 911,311

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $875,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 21, 2019
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049
  • Second Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • Second Open Lien Mortgage Recording Date: Aug 01, 2018
  • Second Open Lien Mortgage Loan Amount: $410,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,124
  • Assessed Land Value: $273,116
  • Assessed Improvements Value: $208,008

    Sales

  • Current Sale Contract Date: Apr 19, 2012
  • Current Sale Recording Date: May 17, 2012
  • Current Sale Transaction ID: 1030630154
  • Current Sale Price: $265,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0741620
  • Previous Sale Recording Date: Oct 14, 2011
  • Previous Sale Contract Date: Oct 08, 2011
  • Previous Sale Amount: $178,970
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: May 17, 2012
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2042

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,781 ft²
$589/ft²
$1,049,000 Jan 10, 2024
-
-
House
3 Beds
2 Baths
1,471 ft²
$748/ft²
$1,100,000 Mar 21, 2024
-
-
House
2 Beds
1 Bath
1,459 ft²
$857/ft²
$1,250,000 Apr 3, 2024
-
-
House
2 Beds
1 Bath
1,134 ft²
$1,146/ft²
$1,300,000 Dec 10, 2023
-
-
House
4 Beds
3 Baths
2,380 ft²
$498/ft²
$1,185,000 Feb 27, 2024
-
-
House
2 Beds
1 Bath
1,308 ft²
$761/ft²
$994,900 Feb 28, 2024
-
-
Other
Loft
-
2,016 ft²
$494/ft²
$995,000 Dec 5, 2023
-
-
Other
Loft
-
1,328 ft²
$790/ft²
$1,049,000 Mar 22, 2024
-
-
Other
Loft
-
2,540 ft²
$433/ft²
$1,100,000 Jan 17, 2024
-
-
Other
Loft
-
3,122 ft²
$400/ft²
$1,249,000 Sep 18, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 3011 Chesapeake Avenue built and last sold?
The property at 3011 Chesapeake Avenue was built in 1930 and last sold on Apr 19, 2012 for $265,000.
How much is this home worth?
The estimated value of the home located at 3011 Chesapeake Avenue is $1,199,752.
What are some comparable homes to 3011 Chesapeake Avenue?
Homes that are comparable to 3011 Chesapeake Avenue include a house property at 2209 West Boulevard, 2305 South Orange Drive, 2640 Somerset Drive.

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