712 Chestnut Avenue, Los Angeles, CA 90042

About this single-family home

**CALLING ALL DEVELOPERS AND INVESTORS! ** Small lot sub-division opportunity in prime Highland Park! Plans are approved to build 4 SFR's. Land is fully ENTITLED. New owner to proceed with RTI plans. Each unit consists of 3 bedrooms + 3.5 baths. All units average about 1,843 sqft of livable space. Not included in the livable space is the breath-taking roof top deck with views of the city! Potential for buy and hold as apartments or individual sales as SFR's. Plenty of new developments happening in the same neighborhood. Easy access to Downtown Los Angeles, Old Town Pasadena, Rose Bowl, and Glendale Galleria. Ideally suited for a builder looking for flexibility in investment strategy.

Listing description from the June 2020 sale, as reported to CRMLS.

Sale history

$895,000

Sold June 2020 · listed $929,500, on market April 2020 · MLS #RS20075894 · Source: CRMLS

Listing Agent: In U Hwang · Listing Office: Realty Masters & Associates · Contact: 909-303-4500 · Bought with: Shu-Woan Tu · JC Pacific Capital Inc.

$675,000

Sold April 2018 · listed $650,000, on market March 2018 · MLS #P0-818001341 · Source: CRMLS

Listing Agent: Luka Mihovilovic · Listing Office: Keller Williams Realty · Contact: (626) 204-3300 · Bought with: Luka Mihovilovic · Keller Williams Realty

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