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723 Chestnut AvenueLos Angeles, CA 90042

For Sale

$1,500,000

Smart Buyer Rebate $15,000

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.

Listed by Jonathan Rodriguez

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License #02060068

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CA Flat Fee Listings, Inc

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626-623-7957

Last updated March 04, 2026

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Source: CRMLS #AR26031529

Listing Facts

  • TypeMulti-family
  • NeighborhoodGarvanza
  • Bedrooms6
  • Bathrooms4
  • Days on Prevu24
  • Size2,625 sqft
  • Price per sqft$571

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/04/2026
Status changed to Active
$1,500,000
03/04/2026
Price Increased
$1,500,000
03/03/2026
Status changed to Temporarily Off Market
$1,399,999
02/20/2026
Listed by CA Flat Fee Listings, Inc
$1,399,999

Property Details for 723 Chestnut Avenue

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1941
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front Door

Measurements

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,402
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,402
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5493035004

Interior

Features

  • Interior Features: All Bedrooms Down

Measurements

  • Living Area: 2,625
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5

Other

Location

  • Tax Block: 6
  • Tax Lot: 5

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 4 bathrooms in this multi-family home at 723 Chestnut Avenue.

How does 723 Chestnut Avenue compare to other multi-family homes in Garvanza?

This multi-family home is listed 18% above the average price for multi-family homes in Garvanza and has been on the market for 53 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,625 sqft.

723 Chestnut Avenue is a 6-bedroom, 4-bath multi-family home for sale in Los Angeles CA 90042. On Prevu for 24 days at $1,500,000. This includes a recent price increase of $100,001. This residence features 2,625 square feet of living space, located in Garvanza. The median listing price for multi-family homes in this area is $1,599,950. The home offers air conditioning and parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.