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723 Chestnut Avenue Los Angeles, CA $ 1,500,000
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$ 1,500,000 Get more info
723 Chestnut Avenue
$ 1,500,000
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New Construction
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723 Chestnut Avenue

Los Angeles, CA, 90042
$ 1,500,000
Bedrooms6 Baths4.0 Sq 2,625

Monthly Estimate*

$ 9,236

Listed by CA Flat Fee Listings, Inc
723 Chestnut Avenue, Los Angeles, CA 90042 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,500,000 with 6 bedrooms and 4 full baths. This 2,625 square foot home was built in 1941 on a lot size of 0.124.

Welcome to a rare opportunity in the heart of Los Angeles—two fully detached, completely re-built 3-bedroom, 2-bathroom homes on one lot, each with its own address, separate utilities, and modern updates throughout. Live in one and rent the other to offset your mortgage—or rent out both in a high-demand rental market. Whether you’re an investor, a savvy buyer, or someone looking to house hack, this property checks all the boxes. Situated in a prime Highland Park location just minutes from Pasadena, South Pasadena, and Downtown LA, this is more than a home—it’s a long-term financial strategy. Each unit features brand-new kitchens, designer bathrooms, upgraded systems, and stylish finishes that attract quality tenants and elevate everyday living. The detached layout provides privacy and flexibility—ideal for multigenerational living, co-ownership, or maximizing rental income.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.124

Year Built

1941

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

AR26031529

Days on Market

33
Features
General
Living Area 2625
Sewer Unknown
Heating Central
Cooling CentralAir
Zoning LARD2
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1941
View None
Stories Count 1
Levels One
Property Subtype Duplex
Community Features Urban
County Los Angeles
New Construction true
Property Type Residential
HOA false
Contingency Broker and broker agents do not represent or guarantee the accuracy of the square footage bedroom/bathroom count lot size or lot lines/ dimensions permitted or unpermitted spaces school boundary lines or eligibility views or other information concerning the conditions or features of the property. Submit full offer doc with RPA pre-approval letter proof of funds and BRBC. All offers must be submitted through CA Flat Fee Offer Portal: https://portal.caflatfee.com/
Garage Y/N false
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Located on Chestnut
City Los Angeles
Entry Location Front Door
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 2
MLS Area 632 - Highland Park
Lot Size Units SquareFeet
Lot Size Square Feet 5402
Listing Terms Cash Conventional
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Year Built Source PublicRecords
Tax Lot 5
Property Sub Type Additional Duplex
Expected Active Date 2026-02-20
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Interior
Interior Amenities AllBedroomsDown
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 6
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 3
Total Baths 4
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Exterior
Lot Features ZeroToOneUnitAcre
Water Source Public
Total Parking 0
Lot Size Area 5402
Lot Size Acres 0.124
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Ca Flat Fee Listings, Inc

Broker

jonathan@caflatfee.com

Email

Affordability Calculator

$9,236
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Monthly Principal & Interest
$9,236
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$1,500,000 Listed Price

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723 Chestnut Avenue, Los Angeles, CA, 90042 is a Multi-Family Home for sale at $1,500,000 with 2,625 sqft and a lot size of 0.124. 723 Chestnut Avenue has 6 bedrooms, 4.0 baths, and was built in 1941. The property's zip code is 90042 which is in Los Angeles, CA

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