820 Chestnut Avenue, Los Angeles, CA 90042

Local realty services provided by:ERA North Orange County Real Estate
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 realty
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. 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 Monte Vista St | 90042 (12 Units) ...

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Home facts

  • Year built:1959
  • Listing ID #:26665521
  • Added:1 day(s) ago
  • Updated:March 19, 2026 at 05:29 PM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnace

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

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Total parking spaces:30
  • Parking description:Driveway, Driveway Down Slope From Street
Based on information from California Regional Multiple Listing Service, Inc. as of March 19, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.