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 with 2 UNITS DELIVERED VACANT. 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.
Property Details
Price:
$2,495,000
MLS #:
26665521
Status:
Active
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
632highlandpark
Listed Date:
Mar 19, 2026
Finished Sq Ft:
10,492
Total Sq Ft:
10,492
Lot Size:
15,933 sqft / 0.37 acres (approx)
Year Built:
1959
See this Listing
Schools
Interior
Heating
WL
Laundry Features
IR
Levels
U
Exterior
Parking Spots
30
Parking Total
30
Financial
Map
Community
- Address820 Chestnut AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 29, 2026
9,676
Single Family Listed
88
Avg DOM
499
Avg $ / SqFt
$1,539,571
Avg List Price
Property Summary
- 820 Chestnut AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90042. It is listed for $2,495,000 and features 16 beds, 16 baths, and has approximately 10,492 square feet of living space, and was originally constructed in 1959. The current price per square foot is $238. The average price per square foot for Single Family listings in Los Angeles is $499. The average listing price for Single Family in Los Angeles is $1,539,571.
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