820 Chestnut Ave Los Angeles, CA 90042
MULTI_FAMILY - Los Angeles, CA
Property size:
10,492 SFLot size:
0.37 AcresPrice / SF:
$237/SF- Added:
- Mar 19, 2026
- Days on Market:
- 49
- Last Refresh:
- May 6 at 10:06 pm
Property Features for 820 Chestnut Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 16
- Bathrooms
- 16
- Rooms
- Bedroom 7, Bedroom 14, Laundry Room, Bathroom 3, Bedroom 6, Bathroom 5, Bedroom 12, Bedroom 13, Bathroom 15, Bedroom 4, Bathroom 16, Bedroom 2, Bedroom 15, Bathroom 12, Bathroom 14, Bedroom 8, Bedroom 3, Bedroom 16, Bathroom 10, Bathroom 2, Bathroom 9, Bathroom 4, Bathroom 7, Bathroom 13, Bedroom 10, Bathroom 6, Bathroom 8, Bedroom 5, Bedroom 1, Bedroom 9, Bedroom 11, Bathroom 1, Bathroom 11
- Parking
- 30
- Parking features
- Driveway
- Standard status
- Active
- APN
- 5493-037-002
- Size
- 10,492 SF
- Lot size
- 0.37 Acres
Utilities
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1959
- Floors in Building
- 2
- Number of units
- 14
Listing agent Eric Dilanian License #01951699 (213) 233-4379
Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA (213) 817-1000
Listing date Mar 19, 2026
MLS# 26665521
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare 43‑unit portfolio opportunity in highly desirable Highland Park.
- Significant value‑add potential through rental upside and ADU additions.
- Two units delivered vacant.
- Large 15,933 square foot lot zoned RD1.5‑1.
- Excellent unit mix of eight (1+1), three (2+1), two (2+2), and one (0+1) units.
- Ideally located near York Blvd and Figueroa Street, with easy access to South Pasadena and Pasadena.
Overview
Highland Park Multifamily Value-Add Opportunity
This offering presents a rare opportunity to acquire a 14-unit building located at 820 Chestnut Ave in Highland Park, Los Angeles. Constructed in 1959, the mid-century building encompasses 10,492 square feet and is situated on a 15,933 square foot lot. The property is zoned RD1.5-1. The unit mix includes eight one-bedroom, one-bathroom units, three two-bedroom, one-bathroom units, two two-bedroom, two-bathroom units, and one studio apartment. Two units will be delivered vacant. Offered for sale for the first time in 17 years, this asset presents a value-add opportunity with potential to enhance returns through rental upside and multiple ADU additions. The property is ideally located in a quiet neighborhood with close proximity to the retail corridors of York Blvd and Figueroa Street, as well as easy access to South Pasadena and Pasadena. Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibility.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.170585
- Latitude
- 34.117798
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 43-unit portfolio in a sought-after Los Angeles sub-market.
Where is this apartment building located?
The property is located at 820 Chestnut Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Rare 43‑unit portfolio opportunity in highly desirable Highland Park.; Significant value‑add potential through rental upside and ADU additions.; Two units delivered vacant.
