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$ 1,950,000
$ 2,295,000 15.0%
Est. payment /mo
Sold on 07/14/2026
820 Chestnut Avenue Los Angeles, CA 90042
10,492 SqFt
UPDATED:
Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,492 sqft
Price per Sqft $185
MLS Listing ID CL26665521
Sold Date 07/14/26
HOA Y/N No
Year Built 1959
Lot Size 0.366 Acres
Acres 0.3658
Property Sub-Type Other
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
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Laundry Laundry Room
Building
New Construction No
Others
Tax ID 5493037002
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Listed by Eric Dilanian • Remax Commercial and Investment Realty
Bought with EricDilanian
Bought with EricDilanian