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723 Chestnut AVE Los Angeles, CA 90042
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Key Details
Sold Price $1,430,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,625 sqft
Price per Sqft $544
MLS Listing ID AR26031529
Sold Date 06/26/26
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1941
Lot Size 5,401 Sqft
Property Sub-Type Duplex
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.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Rooms
Main Level Bedrooms 5
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Urban
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction Yes
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5493035004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Lisa Lorentson Coldwell Banker Realty
NEARBY SCHOOLS & BUSINESSES
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