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817 Chestnut Ave, Los Angeles, CA 90042

List Price: $950,000On Market FlagOn market
Jun 19, 2025846 sqft2 beds2 baths
Listed by: Mingli Wang
License #: 01866566
Phone #: 310-293-0250
Realty One Group United
Source:
CRMLS Logo
MLS #: SB25137773

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$16,758

TurboHome Estimated Value

$1,033,600

$1,222 sqft

High Valuation
$1,085,280
$1283/sqft
Normal Valuation
$1,033,600
$1222/sqft
Low Valuation
$981,920
$1161/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1222/sqft$1,033,600

Neighborhood: Highland Park

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Comparative Value

$635K

$730K

$950K

$1.09M

$1.12M

112 N Avenue 66 1, Los Angeles, CA 90042

Sale Price: $635,000

Selected Comparable

112 N Avenue 66 9, Los Angeles, CA 90042

Sale Price: $635,000

Selected Comparable

225 Branch St, Los Angeles, CA 90042

Sale Price: $730,000

Selected Comparable

817 Chestnut Ave, Los Angeles, CA 90042

List Price: $950,000

Subject Property

219 N Avenue 59, Los Angeles, CA 90042

Sale Price: $1,090,000

Selected Comparable

6518 Elder St, Los Angeles, CA 90042

Sale Price: $1,122,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
817 Chestnut Ave, Los Angeles, CA 90042

817 Chestnut Ave, Los Angeles, CA 90042

List: $950,000

Listed: 6/19/2025

Area:846 sqft
Price/sqft:$1,123
Beds:2
Baths:2
Year Built:
Lot Size:6,000

Comparable Properties

COMPARABLE
Choose comps
112 N Avenue 66 1, Los Angeles, CA 90042

112 N Avenue 66 1, Los Angeles, CA 90042

Sale: $635,000

4/1/20250.53 mi

Area:832 sqft
Price/sqft:$763
Beds:2
Baths:2
Year Built:
Weight:22.1%
112 N Avenue 66 9, Los Angeles, CA 90042

112 N Avenue 66 9, Los Angeles, CA 90042

Sale: $635,000

9/6/20240.53 mi

Area:832 sqft
Price/sqft:$763
Beds:2
Baths:2
Year Built:
Weight:20.6%
219 N Avenue 59, Los Angeles, CA 90042

219 N Avenue 59, Los Angeles, CA 90042

Sale: $1,090,000

10/31/20241.25 mi

Area:828 sqft
Price/sqft:$1,316
Beds:2
Baths:2
Year Built:
Weight:19.5%
6518 Elder St, Los Angeles, CA 90042

6518 Elder St, Los Angeles, CA 90042

Sale: $1,122,000

11/6/20240.38 mi

Area:738 sqft
Price/sqft:$1,520
Beds:2
Baths:2
Year Built:
Weight:19.4%
225 Branch St, Los Angeles, CA 90042

225 Branch St, Los Angeles, CA 90042

Sale: $730,000

7/1/20250.87 mi

Area:737 sqft
Price/sqft:$991
Beds:2
Baths:1
Year Built:
Weight:18.4%

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