Sold for $1,430,000

Listed by: CA Flat Fee Listings, Inc • Jonathan Rodriguez • Contact: 626-623-7957

Bought with: Coldwell Banker Realty

$1,430,000

723 Chestnut Ave, Los Angeles, CA 90042

6beds

2,625sqft

Duplex

Built in 1941

5,402 Square Feet Lot

$1,430,200 Zestimate^®

$545/sqft

$6,569 Estimated rent

Home value

$1,430,200

$1.30M - $1.57M

$6,569/mo

Zestimate^® history

Owner options

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$6,569/mo

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$6,569/mo

Rent Zestimate^®

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$9,167/mo

Est. payment

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$9,167/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 3
Main level bedrooms: 5

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Heating

Central

Cooling

Central Air

Appliances

Laundry: Inside

Features

All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 2,625 sqft

Property

Features

Levels: One
Stories: 1
Entry location: Front Door
Pool features: None
Has view: Yes
View description: None

Lot

Size: 5,402 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 5493035004
Zoning: LARD2
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Duplex

Condition

New construction: Yes
Year built: 1941

Utilities & green energy

Sewer: Unknown
Water: Public

Community & HOA

Community

Features: Urban

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $545/sqft
Tax assessed value: $716,273
Annual tax amount: $8,841
Date on market: 2/20/2026
Cumulative days on market: 103 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
6/26/2026	Sold	$1,430,000-3.4%$545/sqft
Source: CRMLS #AR26031529 Report a problem
6/16/2026	Pending sale	$1,479,999$564/sqft
Source: CRMLS #AR26031529 Report a problem
6/8/2026	Contingent	$1,479,999$564/sqft
Source: CRMLS #AR26031529 Report a problem
5/1/2026	Price change	$1,479,999-1.3%$564/sqft
Source: CRMLS #AR26031529 Report a problem
3/4/2026	Listed for sale	$1,500,000-11.8%$571/sqft
Source: CRMLS #AR26031529 Report a problem
8/5/2025	Listing removed	$1,699,999-4.9%$648/sqft
Source: SDMLS #AR25110444 Report a problem
6/30/2025	Listed for sale	$1,787,888+146.6%$681/sqft
Source: SDMLS #AR25110444 Report a problem
3/22/2021	Listing removed	--
Source: Owner Report a problem
1/20/2019	Listing removed	$725,000$276/sqft
Source: Owner Report a problem
10/21/2018	Listed for sale	$725,000+31.8%$276/sqft
Source: Owner Report a problem
10/19/2018	Sold	$550,000$210/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,841 +1.5%	$716,273 +2%
2024	$8,708 +2%	$702,237 +2%
2023	$8,541 +5.7%	$688,477 +19%
2022	$8,077 +17.6%	$578,546 +2%
2021	$6,867 -1%	$567,211 +1%
2020	$6,936	$561,400 +2%
2019	$6,936 +1179.4%	$550,400 +1291.2%
2018	$542	$39,562 +3%
2017	$542 +2.6%	$38,395 +2%
2016	$528 +5.2%	$37,644 +1.5%
2015	$502 -1.6%	$37,079 +2%
2014	$510	$36,353 +5.3%
2010	--	$34,527 -0.2%
2009	--	$34,610 +4%
2007	--	$33,269 +2%
2006	--	$32,617 +4%
2004	--	$31,352 +1.9%
2003	--	$30,778 +6.1%
2000	--	$29,006