817 Chestnut Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 2 bath
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Los Angeles, California 90042
This Turnkey Residence with Development Potential is listed at $829,000, offering a stable and fair entry point perfectly aligned with its $829,000 Fair Market Value. Boasting a Condition Rating of 3, the home features a Remodeled Interior complete with a Granite Kitchen, stainless appliances, and a Wooden Back Patio. The property’s significant upside lies in its rare RD2 Zoning on a generous 6,000 sqft Lot, providing the potential to develop two additional units. Located in the trendy Highland Park neighborhood, this is an ideal acquisition for Owner-Occupants seeking a "house-hack" or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 817 Chestnut Avenue Subject | $829,000* List Price | 2 | 2 | 846 | $980 | - |
A 324 Chestnut Avenue Sold | $850,000 | 2 | 1 | 810 | $1,049 | 0.3 mi |
B 1116 Cresthaven Drive Sold | $999,000 | 2 | 1 | 1,036 | $964 | 0.7 mi |
C 6112 Myosotis Active | $925,000 List Price | 2 | 2 | 916 | $1,010 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1925, the property features a remodeled interior that is move-in ready. The kitchen and bathrooms show updates including granite countertops, stainless steel appliances, and contemporary tiling likely completed within the last 5-15 years. The presence of newer dual-pane windows and engineered wood flooring supports a well-maintained status.
The rare RD2 zoning on a generous 6,000 sqft lot allows for up to three units total, offering a unique opportunity for an owner-user or investor to build two additional units as per existing architectural plans.
The home is in move-in condition featuring modern upgrades including engineered wood flooring, granite countertops, stainless steel appliances, and newer dual-pane windows for improved energy efficiency.
Situated in the trendy Garvanza district, the property offers excellent proximity to Downtown LA and Pasadena, with easy access to major freeways and walking distance to local parks and schools.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 846, other record living area = 756.
At only 846 square feet, the living space is relatively small for a two-bedroom, two-bathroom home, which may feel restrictive for families or those requiring more indoor room.
Originally built in 1925, the property may have aging infrastructure or structural components typical of historic homes that could require more intensive long-term maintenance despite the cosmetic updates.
Turn key condition house + development potential = Living in a dream house while building a dream! One of the closest suburb from Downtown LA, the historic Garvanza / Highland Park area is young professional, trend setter's delight! Move in ready! Remodeled interior, wooden fence and long driveway with wooden car port. Yet it gets better.... owner/user development opportunity in your own backyard. Rare RD2 zoning, potentially 3 units allowed on this lot. An architectural plan was drawn in 2019, to propose 2 more units in the spacious back lot. Current house is 2 bed 2 bath, engineered wood floor throughout, granite countertop, stainless steel appliances, plenty of cabinet space. Newer dual pane windows great for energy efficiency. Wooden back patio extends outdoor living in the huge backyard with fruit trees. Many newly constructed properties added modern vibes to this street. Located in between downtown Los Angeles and Pasadena, this trendy neighborhood is right next to South Pasadena, where well maintained estate properties and dining and shopping options are the signature of this vibrant community. Easy commute, convenient access to freeways (110 Fwy, 5 Fwy, 210 and 134). Walking distance to park, elementary school and bus stop, Dash. Close to Arroyo Seco Golf Course and other entertainment in Pasadena such as restaurants, shops, art galleries. Also, close to Rose Bowl, Eagle Rock, Dodger Stadium, Occidental College, China Town, and East LA. Car port in front drive way and backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 846 | 1,412 | 9% |
| Lot Size | 6,000 | 5,424 | 59% |
| Price | $829.0K | $1.23M | 14% |
| Price per sq ft | $980 | $893 | 66% |
| Built year | 1925 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 175 | 32% |
Jan 7, 2026
$829,000
Initial Listing
Oct 1, 2020
$770,000
Public Record
Feb 19, 2014
$346,000
Public Record