820 Chestnut Avenue, Los Angeles, CA 90042

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
820 Chestnut Avenue,Los Angeles, CA 90042
$2,495,000
  • 16 Beds
  • 16 Baths
  • 10,492 sq. ft.
  • Multi-family
  • Active
Listed by: eric dilanian
Office: remax commercial and investment realty213-817-1000
MLS#:26665521
Source:CRMLS

Price summary

  • Price:$2,495,000
  • Price per sq. ft.:$237.8

About this home

We are proud to present an extremely rare 43-unit portfolio opportunity in Highland Park, one of LA's hottest and most sought-after sub-markets: 820 Chestnut Ave, a 14-unit mid-century building, is 1 of 3 assets offered either individually or as a portfolio. The property was built in 1959 and features a 10,492 square foot building situated on a large 15,933 square foot lot, zoned RD1.5-1. The property offers an excellent unit mix consisting of eight (1+1) units, three (2+1) units, two (2+2) units, and one (0+1) unit with 2 UNITS DELIVERED VACANT. Offered for sale for the first time in 17 years, the asset presents an excellent value-add opportunity with a compelling basis and potential to further enhance returns through rental upside and multiple ADU additions. Ideally located in a quiet and quaint neighborhood, tenants will enjoy close proximity to LA's top retail corridors of York Blvd and Figueroa Street, as well as easy access to South Pasadena and Pasadena. ASSET 2 OF 3: 5629...

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Home facts

  • Year built:1959
  • Listing ID #:26665521
  • Added:54 day(s) ago
  • Updated:May 13, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:10,492 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1959
  • Building area:10,492 sq. ft.
  • Lot area:0.37 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,495,000
  • Price per sq. ft.:$237.8

Parking

  • Total parking spaces:30
  • Parking description:Driveway, Driveway Down Slope From Street
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