817 Chestnut Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 2 bath

817 Chestnut Avenue, Los Angeles, California 90042 home-pic-0
ACTIVE$899,000
817 Chestnut Avenue, Los Angeles, California 90042
2Beds
2Baths
756Sqft
6,000Lot
Year Built
1925
Close
-
List price
$899K
Original List price
$950K
Price/Sqft
$1,189
HOA
-
Days on market
-
Sold On
-
MLS number
SB25137773
Home ConditionGood
Features
Deck
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $899.0K(22th), sqft - 756(7th), beds - 2(39th), baths - 2(50th).

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.

Price History

Date
Event
Price
09/26/25
Price Change
$899,000
06/19/25
Listing
$950,000
10/01/20
Sold
$770,000
02/19/14
Sold
$346,000
Condition Rating
Good

The property, built in 1925, has undergone a significant 'remodeled interior' as described, making it 'turn key condition.' The kitchen features stainless steel appliances, granite countertops, and well-maintained wood cabinetry, while the bathrooms are updated with modern vanities and a glass-enclosed shower. Engineered wood flooring and newer dual-pane windows further enhance its appeal. While the kitchen's cabinet style and mosaic backsplash suggest a renovation that is likely 5-15 years old rather than brand new, the property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Significant Development Potential: Rare RD2 zoning allows for potential construction of up to three units on the lot, with existing architectural plans for two additional units, offering substantial future value and investment opportunity.
Prime & Trendy Location: Situated in the highly desirable Garvanza/Highland Park area, appealing to young professionals and trendsetters, with excellent proximity to Downtown LA, Pasadena, and South Pasadena's vibrant amenities.
Turnkey & Modernized Interior: The existing 2-bedroom, 2-bathroom home is move-in ready, featuring a remodeled interior with engineered wood floors, granite countertops, stainless steel appliances, and energy-efficient dual-pane windows.
Exceptional Accessibility: Offers convenient access to major freeways (110, 5, 210, 134), public transportation, and is within walking distance to parks and schools, ensuring an easy commute and local convenience.
Enhanced Outdoor Living: Boasts a spacious backyard with fruit trees and a wooden patio, providing ample outdoor living space, complemented by a long driveway and wooden carport for practical parking solutions.

Cons

Compact Living Space: The current house is relatively small at 756 sqft, which may be a limiting factor for buyers seeking more expansive interior living areas.
Lack of Scenic Views: The property does not offer any notable views, which could be a disadvantage in a competitive Los Angeles market where scenic vistas often add significant value.
Age of Core Structure: Despite interior remodels, the original structure dates back to 1925, potentially implying older foundational systems (e.g., plumbing, electrical) that may require future attention or upgrades not explicitly mentioned as updated.

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