Under ContractSingleFamilyResidence

2943 Chesapeake Avenue

Los Angeles, CA, 90016

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$949,000

MLS: 26672305

Beds

3

Baths

2

Sq Ft

1,534

Lot

0.13 ac

Year Built

1928

MLS #

26672305

Days on Market

20

Listed

Apr 2, 2026

Description

Welcome to 2943 Chesapeake Avenue, a charming Spanish-style residence in the heart of highly sought-after West Adams. Offering 3 bedrooms, 2 bathrooms, and approximately 1,534 square feet of living space, this home blends timeless character with everyday comfort. Enter through a beautiful, private courtyard that sets the tone for the warmth and charm found throughout. Inside, the light-filled living room showcases a classic barrel ceiling, graceful archways and original hardwood floors, adding to the home's authentic character. The formal dining room features French doors that open seamlessly to the outdoor patio, perfect for indoor-outdoor entertaining. The eat-in kitchen is both functional and inviting, complete with stainless steel appliances, and a quaint breakfast nook ideal for morning coffee. Natural light pours in throughout the home, enhancing each thoughtfully designed space. Additional highlights include a generously sized yard, a spacious basement ideal for storage, and an overall layout that offers both comfort and versatility. Whether you're looking to move right in or bring your own vision to life, this home presents a wonderful opportunity to personalize and elevate a classic Spanish in one of LA's most dynamic neighborhoods. Positioned amidst the vibrant West Adams restaurant scene with popular local hotspots like Highly Likely, Vicky's All Day, Alta, Cento Pasta Bar, Maydan Market, Mizlala and Damn I Miss Paris, with convenient access to the Expo Line and Crenshaw/LAX transit line. An incredible opportunity to own in one of LA's most dynamic communities- this is West Adams living at its best.

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: Erica Lockhart · Compass

Payment estimate

$6,892

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100

%
Principal & Interest
$5,248
Property tax (1.25%)
$989
Homeowners insurance
$300
Mortgage insurance
$356
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $33,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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