$1,500,000

723 Chestnut Avenue, Los Angeles, CA 90042

6 beds |
4 baths |
2,625 sqft

Town Home
Built in 1941
5,401sqft lot
—— car garage
$571/sqft
Listed 20 days ago

Property Description

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.

Listing Status:: Active
Date Added:: February 20, 2026
Data Last Updated:: March 12, 2026 at 5:08PM
Listing Office:: CA Flat Fee Listings, Inc : 626-790-2250
Listing Agent:: Jonathan Rodriguez : 626-623-7957
MLS ID:: CRAR26031529

Laundry: Inside
A/C: Central Air
Heating: Central
Fireplace: None

Pool: None

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS
School District: Los Angeles Unified
County: Los Angeles

Zoning: LARD5493035004
View: None

Source: CRMLS

This listing courtesy of Jonathan Rodriguez , CA Flat Fee Listings, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

San Pascual STEAM Magnet

815 San Pascual Ave, Los Angeles, CA, 90042

Grades KG-5

0.09 miles away

Luther Burbank Middle School

6460 N Figueroa St, Los Angeles, CA, 90042

Grades 6-8

0.67 miles away

Benjamin Franklin High School

820 N Avenue 54, Los Angeles, CA, 90042

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.