ActiveSingleFamilyResidence

817 Chestnut Avenue

Los Angeles, CA, 90042

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$829,000

MLS: SB26003697

Beds

2

Baths

2

Sq Ft

756

Lot

0.14 ac

Year Built

1925

MLS #

SB26003697

Days on Market

102

Listed

Jan 7, 2026

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.

Location

Los Angeles, Los Angeles County, CA 90042

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Listed by: Mingli Wang · Realty One Group United

Payment estimate

$6,059

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $82,900 · Loan: $746,100

%
Principal & Interest
$4,584
Property tax (1.25%)
$864
Homeowners insurance
$300
Mortgage insurance
$311
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,015 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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