211 Chestnut, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 2 bath
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211 Chestnut
Los Angeles, California 90042
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
2Baths
1,120Sq Ft
4,789Lot Size
Property Price
LIST PRICE$724,999
EST. MARKET VALUE
$761,365
4% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $775,000—positioned well below the $816,846 Fair Market Value by 5%. This valuation gap offers $41,846 in Instant Equity for buyers. Featuring a Condition Rating of 5, this 1923-built home serves as a blank canvas requiring significant renovation. Its flexible floor plan and prime Highland Park location near York Boulevard offer immense upside for Fix-and-Flip Investors or Contractors seeking to maximize value through strategic modernization.
Estimated Market Value
$761,365+$36,366 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 211 Chestnut Subject | $724,999* List Price | 2 | 2 | 1,120 | $680 | - |
A 5817 Arroyo Drive Sold | $850,000 | 3 | 2 | 1,300 | $654 | 0.9 mi |
B 411 Kirby Street Sold | $880,000 | 3 | 2 | 1,152 | $764 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1923 and described as a 'blank canvas,' this property requires a full rehab. While the bathroom shows some minor, low-quality updates, the overall age of over 100 years and the listing's emphasis on bringing a 'vision' to life suggest significant deferred maintenance and the need for major system and cosmetic overhauls.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Highland Park, the property offers immediate access to the trendy shops, dining, and nightlife of York Boulevard and Figueroa Street.
- Flexible Living Space
Beyond the two primary bedrooms, the home includes two additional rooms that provide excellent versatility for a home office, creative studio, or guest quarters.
- Value-Add Potential
As a 'blank canvas' with mountain views and a spacious backyard, this property presents a significant opportunity for investors or homeowners to build equity through customization.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The 1923-built home is described as a blank canvas, implying it likely requires substantial updates and modernizing to meet current living standards.
- Compact Footprint
With only 1,120 square feet of living space, the interior may feel restrictive for larger households despite the flexible room configuration.
About 211 Chestnut
Welcome to this spacious 2-bedroom, 2-bath home with a great-size backyard, nestled in the heart of Highland Park. This property is a true blank canvas and an exciting opportunity for someone looking to bring their vision and personal style to life. The home also features two additional rooms that offer flexibility for bedrooms, an office, studio, or other living space. Enjoy being just minutes from the shops, restaurants, coffee houses, and nightlife along York Boulevard and Figueroa Street, including Highland Park Bowl, Checker Hall, and an array of local favorites. A great opportunity to create something special in one of Northeast LA’s most vibrant neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,789 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,120 | 1,664.159 |
| Lot Size | 4,789 | 6,066.556 |
| Price | $725.0K | $1.35M |
| Price per sq ft | $647 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 36 | 55 |
Pricing History
Listed for Sale
Aug 25, 2026
$724,999
$775,000
-6% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$775,000
Initial Listing
Sold
Mar 19, 2004
$325,000
Public Record