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) See Listing Details ASSET 3 OF 3: 217 S Avenue 54 | 90042 (17 Units) See Listing Details. DISCLOSURE: Buyers are advised to conduct independent, thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibility....
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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
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