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We are proud to present for sale an Entitled 61 Unit 100% Affordable Housing Project in the quickly evolving West Adams / Jefferson Park neighborhood, a sought-after submarket of Los Angeles. The property on offer is a double lot located at 3556 & 3562 Chesapeake Ave. (a quiet, residential tree-lined street), in a neighborhood quickly undergoing a transformation, full of new construction! Sitting on a 12,814 SF R3-1 lot, the site offers a well-positioned infill development opportunity with immediate access to the Metro E Line, the West Adams retail core, and the Exposition business corridor. The offered development is a 5-story Residential Building comprised of 61 units (55 one-bedrooms, 4 two-bedrooms and 2 three-bedrooms), totaling approximately 26,071 SF of Rentable Square Footage and 35,781 SF of Gross Floor Area. The project is Entitled as a 100% privately funded Affordable Housing Community under Executive Directive 1 (ED1), leveraging the incentives available through AB 1763, AB 2345, and AB 2334, including unlimited residential density and a zero on-site parking requirement given its proximity to a major transit stop. The property sits on the edge of a vast single family-zoned neighborhood where street parking is easier to come by. The property would be delivered with the 61 Unit Project fully Entitled. The Project has not been and will not be submitted to Plan Check by the Seller, allowing the incoming Developer to finalize construction documents to their own specifications. The Architect has stated that the Project is scalable to 79 units and 6 floors, without impacting the approval timeline. There is also the possibility of rehabbing the existing units on site (delivered vacant), in order to have cash flow while awaiting the right time to build. The property is a stone's throw to the Rancho Cienega Recreation Center and Dorsey Senior High School. Take the Metro to USC or Culver City, continue on to Downtown LA or Santa Monica! The area features tons of new restaurants, cafes, markets and much more! It is hard to keep track of the local developments, with so much happening, with what has opened and what is in the planning to open in the near future!
Property Type(s):
Lot/Land/Acreage
| Last Updated | 7/9/2026 | Year Built | 0 |
|---|---|---|---|
| Community | PHHT - Park Hills Heights | County | Los Angeles |
Additional Details
| AREA | PHHT - Park Hills Heights |
|---|---|
| LOT | 0.2942 acre(s) |
| LOT DIMENSIONS | 106 x 121 |
| VIEW | Yes |
Location
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Listed with Keller Williams Beverly Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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