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723 Chestnut Avenue, 
Los Angeles, CA 90042

$1,699,000


6

Beds


4

Baths


2,625

Sq Ft


Multi-Family

Active

Listed by

Jonathan Rodriguez

Ca Flat Fee Listings, Inc

626-790-2250

Last updated:

August 29, 2025, 01:30 PM

MLS#

AR25180040

Source:

CRMLS

About This Home

723 Chestnut Avenue

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.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1941

Price Summary

1,699,000

$647 per Sq. Ft.

MLS #:

AR25180040

Last Updated:

August 29, 2025, 01:30 PM

Added:

21 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,625 Sq. Ft.


Structure

Structure

Building Area:

2,625 Sq. Ft.

Year Built:

1941


Lot

Lot Size (Sq. Ft):

5,401


Finances & Disclosures

Finances

Price:

$1,699,000

Price per Sq. Ft:

$647 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of August 29, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.