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$1,430,000
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Property Description
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.
Full Property Details
Full Property Details for 723 Chestnut Ave
General
- Sold For: $1,430,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: AR26031529
- Added to Site: 150 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: Located on Chestnut
School Information
- School District: Los Angeles Unified
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,625
- Sq. Ft. Source: Assessor
- Year Built: 1941
- Year Built Source: Public Records
Lot Features
- Property View: None
- Lot Size (Acres): 0.124
- Lot Size Source: Assessor
- Zoning: LARD2
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $563.81
Disclosures and Reports
- Special Conditions: Standard
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Schools
Schools serving 723 Chestnut Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
San Pascual Elementary Science Technology Engineering Arts And Mathematics (STEAM) Magnet 815 San Pascual Avenue, Los Angeles, CA 90042 | K-5 | 0.1 mi |
Luther Burbank Middle School, Los Angeles, CA 6460 North Figueroa Street, Los Angeles, CA 90042 | 6-8 | 0.7 mi |
Benjamin Franklin Senior High School 820 North Avenue 54, Los Angeles, CA 90042 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 723 Chestnut Ave
Date
Details
Price
Change
Source
6/26/2026
Sold
$1,430,000
-3.38%
MLS
5/01/2026
Price Reduced
$1,479,999
-1.33%
MLS
3/04/2026
Price Increased
$1,500,000
7.14%
MLS
2/20/2026
Listed
$1,399,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
723 Chestnut Avenue, Los Angeles, CA 90042 (MLS# AR26031529) is a Duplex property that was sold at $1,430,000 on June 26, 2026. This property was sold by Lisa Lorentson from our Pasadena Office.Want to learn more about 723 Chestnut Avenue? Do you have questions about finding other Duplex real estate for sale in Highland Park? You can browse all Highland Park real estate or contact a Coldwell Banker agent to request more information.


