$2,295,000
-$200,000820 Chestnut Avenue, Los Angeles CA 90042
Multi-Family (14 Units)
Property type
78 days
On market
$219
Price per sqft
N/A
Garage
1959
Year built
15,933 sqft
Lot size
Open Houses
Overview
** 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...
Listing provided by: Eric Dilanian DRE #01951699 213-233-4379, Remax Commercial and Investment Realty
Listing updated: May 30, 2026 at 04:08am.
Last checked: Jun 2, 2026 at 03:30pm
Source: CRMLS #26665521
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 1 | 1 | — | $1,458 | $11,662 | $15,600 | Unfurnished |
| 3 | 2 | 1 | — | $1,452 | $4,356 | $7,950 | Unfurnished |
| 2 | 2 | 2 | — | $1,534 | $3,067 | $5,400 | Unfurnished |
| 1 | 0 | 1 | — | $1,450 | $1,450 | $1,450 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
9.2x
List Price / Annual Gross Rent
Cap Rate
6.81%
NOI / List Price
Net Operating Income: $156,258
Interior
Heating: Wall Furnace
Laundry: Laundry Room
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: Driveway Down Slope From Street, Driveway
Parking Total: 30
Lot Information
Land Lease: No
Parcel #: 5493037002
Zoning: LARD1.5
Lot Size Dimensions: 105x150
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 820 Chestnut Avenue, Los Angeles, CA 90042. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,836,000
Total Interest
$2,341,717
Total Payment
$4,177,717
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,145
per month
Property History for 820 Chestnut Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90042.
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