Active
606 Chestnut AVE
LOS ANGELES CA, 90042
$5,000,000
$403.23 per sqft
Active
20 Beds
20 Baths
12,400 sqft
Multi-family
Built in 1973
We are pleased to present a 17 units apartment building located at 606 Chestnut Drive Los Angeles. As it is located in highland park, it is very close to South Pasadena. It is a 17-unit property priced at a current 4.93% Cap Rate; this property is being offered for sale for the first time since 1992. The units are comprised of all One Bedroom units, which are very large and average over 650 square feet each! The building has a gated access private parking lot in the back as well as parking for 18 cars, 17 cars for the tenants and 1 parking space for the property manager. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. 606 Chestnut Drive is conveniently located just minutes from South Pasadena, and Downtown Los Angeles, with easy access to the parks and freeways. There are schools, shops, restaurants and amenities nearby, making this an ideal location for renters.
OC24139116MR
MLSⓇ ID
July 9, 2024
Listed
August 23, 2024
Updated
Map
606 Chestnut AVE
LOS ANGELES CA, 90042
Interior Features
Total Stories
2
Bedrooms
20
Total Bathrooms
20
Laundry Description
Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.43 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Highland Park
Days on Market
38
Garage
No
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD2
Listing History
Date | Event | Price |
|---|---|---|
8/16/2024 | Price change | $5,000,000 -10% |
Listed by Meiling Wan with Signature One Realty Group, Inc
Listing Contact: 9093008888
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Keyanna Rees shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024
