820 Chestnut Avenue | Image 1
New
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$2,495,000

For Sale

11 hours ago

MLS® 26665521

16 Bed

16 Bath

10492 sqft

30 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 10492 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1959
Avg. Price Per Sqft $237
MLS® Number 26665521

Property Address: 820 Chestnut Avenue, Los Angeles, CA, 90042

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26665521
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Room
Exposure
Exterior
GarageNo
Approx. Age1959
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$2,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
820 Chestnut Avenue, Los Angeles, CA

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