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820 Chestnut Ave
Los Angeles CA 90042 US

$2,495,000

Active Listing ID 26665521
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16 bed
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16.00 Bath (5 Full)
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Lot: 0.37 Acres
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Other

$2,495,000

Active Listing ID 26665521
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820 Chestnut Ave 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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Property Features

  • Facts
  • Lot Size: 0.37 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Wall Unit(s)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2495000
  • unparsedaddress: 820 Chestnut Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90042
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3659
  • lotsizeunits: Acres
  • lotsizearea: 0.3659
  • livingarea: 10492
  • livingareaunits: Square Feet
  • latitude: 34.117798
  • longitude: -118.170585
  • listagentfullname: Eric Dilanian
  • listagentemail: ericdilanian@remaxcir.com
  • listagentkey: 3yd-CLAWCA-C121211
  • listagentmlsid: C121211
  • listagentpreferredphone: 2132334379
  • listagentofficephone: 2138171000
  • listofficekey: 3yd-CLAWCA-X7538301
  • listagentstatelicense: 01951699
  • listofficemlsid: X7538301
  • disclaimer: 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.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1959
  • listingcontractdate: 2026-03-19
  • listagentfax: 2139474696
  • countyorparish: Los Angeles
  • parcelnumber: 5493-037-002
  • cooling: Wall Unit(s)
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 30
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • rooms: Bedroom 13, Bathroom 7, Bathroom 8, Bedroom 4, Bathroom 1, Bathroom 9, Bathroom 13, Bathroom 4, Bathroom 14, Laundry Room, Bathroom 2, Bathroom 12, Bathroom 15, Bedroom 9, Bedroom 3, Bathroom 10, Bathroom 16, Bathroom 5, Bedroom 15, Bathroom 6, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 14, Bedroom 12, Bedroom 10, Bedroom 6, Bathroom 11, Bedroom 16, Bedroom 8, Bedroom 7, Bedroom 11
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.170586, 34.117798
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Commercial & Investment", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ericdilanian@remaxcir.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"slampe@remaxcir.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Commercial & Investment", "ListBrokeragePhone":"(310) 802-2500", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"2nd Fl.", "ListBrokerageUnparsedAddress":"23740 Hawthorne Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"99 S Lake Ave. ", "ListOfficeAddress2":"2nd Fl.", "ListOfficeBrokerMlsId":"X7538301", "ListOfficeCity":"Pasadena", "ListOfficeCountry":"USA", "ListOfficeEmail":"slampe@remaxcir.com", "ListOfficePostalCode":"91101", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Los Angeles, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-03-19 08:17:14", "Neighborhoods":[{"Description":null, "Name":"Highland Park"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/20/2026 1:49:47 PM GMT
Source Updated Date: 3/25/2026 7:00:23 PM GMT

Courtesy of: Eric Dilanian, Remax Commercial and Investment Realty, ericdilanian@remaxcir.com

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.