Financial
Distress signals
Property profile

508 Chestnut Ave Los Angeles, CA 90042

OFF-MARKET
Other apartment buildings
Property ID
US09-6739639
3,615 SF 0.17 ac lot Built 1961
Last sale Jul 2024 · $1,350,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A multifamily apartment building in the Highland Park area of Los Angeles, located at 508 Chestnut Ave, constructed in 1961. The property contains 6 units with a mix of one- and two-bedroom residences arranged across multiple floor plans. The building has an approximate total size of 3,615 square feet and sits on a 7,500-square-foot lot, providing a straightforward 6-unit residential configuration within a consistent, established apartment layout. The location offers access to nearby freeways.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$878k
Assessed land$471k
Assessed improvement$407k
Effective rate1.31%

Value estimate

· Sep 2026
$1.35M
$1.22M – $1.49M
AI approach$1.35M
Sales comparison$1.31M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
ZIP average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$165 – $361
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LARD1.5
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.2
Realty agency24.1
Dental Office15.5

Location

508 Chestnut Ave Los Angeles, CA 90042-3709
County assessor Recorded deeds · 7 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
250 Ave 55, Los Angeles, CA 90042-4604 $1,175,000 Dec 2025 4,480 SF
202 Ave 54, Los Angeles, CA 90042-4106 $975,000 Jul 2025 3,511 SF
127 Ave 50, Los Angeles, CA 90042-3903 $7,350,000 Mar 2025 3,720 SF
511 Ave 50, Los Angeles, CA 90042-3294 $1,050,000 Oct 2024 3,542 SF
5930 Monte Vis, Los Angeles, CA 90042-3432 $38,000 Aug 2024 2,880 SF
5902 Monte Vis, Los Angeles, CA 90042-3445 $900,000 Aug 2024 4,279 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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