820 Chestnut AVE, Los Angeles, CA 90042
820 Chestnut AVE, Los Angeles, CA 90042
820 Chestnut AVE, Los Angeles, CA 90042
820 Chestnut AVE, Los Angeles, CA 90042
820 Chestnut AVE, Los Angeles, CA 90042
820 Chestnut AVE, Los Angeles, CA 90042
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,295,000
Est. payment | /mo

16 Beds

16 Baths

10,492 SqFt

Save
$ 2,295,000
Est. payment | /mo
Save

16 Beds

16 Baths

10,492 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 10,492 sqft

Price per Sqft $218

MLS Listing ID 26665521

Bedrooms 16

HOA Y/N No

Year Built 1959

Lot Size 0.366 Acres

Property Description

We are proud to present a rare a 14-unit mid-century building in Highland Park, one of LA's hottest and most sought-after sub-markets, 820 Chestnut Ave 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. 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.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Driveway Down Slope From Street, Driveway

Total Parking Spaces 30

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5493037002

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eric Dilanian Remax Commercial and Investment Realty #01951699

Nearby Locations

Sam Mu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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820 Chestnut AVE