# 820 Chestnut Ave, Los Angeles, CA 90042

> **TL;DR:** 16bd/16ba residential multi family, $2,495,000 ($238/sqft), built 1959, 10,492 sqft. Est. $10,812/mo. Listed 22 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,495,000 |
| Price/sqft | $238 |
| Bedrooms | 16 |
| Bathrooms | 5 full |
| Square Feet | 10,492 |
| Year Built | 1959 |
| Lot Size | 15,939 sqft (0.37 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 22 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,812 |
| **Total** | **$10,812** |

## Property Highlights

- Built in 1959
- 0.37 acre lot
- 2 stories
- 30 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 820 Chestnut Ave, Los Angeles, CA 90042
- **County:** Los Angeles
- **Coordinates:** 34.117798, -118.170585
- **Google Maps:** https://www.google.com/maps?q=34.117798,-118.170585

## Listing Agent

- **Name:** Eric Dilanian
- **Brokerage:** Remax Commercial and Investment Realty
- **Phone:** 2132334379
- **Email:** ericdilanian@remaxcir.com

## Primary Photo

![820 Chestnut Ave - Primary Photo](http://lh.rdcpix.com/e884f6523903ef6584d9e5a3cd972c68l-f2163306214r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/820-chestnut-ave-los-angeles-ca-90042-26665521)*

---

**MLS#:** 26665521 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/820-chestnut-ave-los-angeles-ca-90042-26665521)

---

## Structured Data

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  "description": "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) unit",
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