# 820 Chestnut Ave, Los Angeles, CA 90042

> **TL;DR:** 16bd/16ba residential multi family, $2,295,000 ($219/sqft), built 1959, 10,492 sqft. Est. $9,945/mo. Listed 74 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,295,000 |
| Price/sqft | $219 |
| 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 | 74 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,945 |
| **Total** | **$9,945** |

## Property Highlights

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

## Description

### Agent Description
** PRICE REDUCED ** New Metrics: $164K/Door, 9.16 GRM, 218/SF, 6.81% Cap Rate ** 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

- **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)*

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**MLS#:** 26665521 | **Updated:** 2026-06-18
**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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  "@type": "RealEstateListing",
  "name": "820 Chestnut Ave, Los Angeles, CA 90042",
  "description": "** PRICE REDUCED ** New Metrics: $164K/Door, 9.16 GRM, 218/SF, 6.81% Cap Rate ** 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 DELI",
  "url": "https://www.propertysimple.com/listing/820-chestnut-ave-los-angeles-ca-90042-26665521",
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```