712 Chestnut Ave Los Angeles, CA 90042
2
Beds
1
Bath
1,124
Sq Ft
7,501
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 3-minute walk to San Pascual Park
- Cooling System Mounted To A Wall/Window
- 1-Story Property
About This Home
As of August 2022**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.
Last Agent to Sell the Property
Elevate Real Estate Agency License #01991861 Listed on: 04/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,816
Year Built
- Built in 1914
Lot Details
- 7,501 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LARD1.5
Parking
- 2 Car Garage
Interior Spaces
- 1,124 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 8 / 7
- Tax Tract Number 4
- Assessor Parcel Number 5493034010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2022
Closed on
Sep 27, 2022
Sold by
Songdong Hu
Bought by
712 N Chestnut Llc
Seller's Agent
Ray Tu
JC Pacific Corp
Buyer's Agent
Wei Li
HARVEST REALTY DEVELOPMENT
List Price
$1,450,000
Sold Price
$1,415,000
Premium/Discount to List
-$35,000
-2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$840,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 25, 2022
Closed on
Aug 19, 2022
Sold by
Cal Pr Llc
Bought by
Hu Songdong
Seller's Agent
Ray Tu
JC Pacific Corp
Buyer's Agent
Wei Li
HARVEST REALTY DEVELOPMENT
List Price
$1,450,000
Sold Price
$1,415,000
Premium/Discount to List
-$35,000
-2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 25, 2022
Closed on
Aug 18, 2022
Sold by
Wu Xu
Bought by
Hu Songdong
Seller's Agent
Ray Tu
JC Pacific Corp
Buyer's Agent
Wei Li
HARVEST REALTY DEVELOPMENT
List Price
$1,450,000
Sold Price
$1,415,000
Premium/Discount to List
-$35,000
-2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 17, 2020
Closed on
May 15, 2020
Sold by
712 Chestnut Llc
Bought by
Cal Pr Llc
Seller's Agent
Mark Hwang
Elevate Real Estate Agency
Buyer's Agent
Ray Tu
JC Pacific Corp
List Price
$929,500
Sold Price
$895,000
Premium/Discount to List
-$34,500
-3.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.38%
Original Mortgage
$455,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Mar 25, 2018
Closed on
Apr 11, 2018
Sold by
Canaan Holdings Llc
Bought by
712 Chestnut Llc
Seller's Agent
Luka Mihovilovic
United Real Estate Los Angeles
Buyer's Agent
Luka Mihovilovic
United Real Estate Los Angeles
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$455,000
Interest Rate
4.43%
Mortgage Type
Construction
Purchase Details
Listed on
Mar 25, 2018
Closed on
Mar 9, 2018
Sold by
Hernandez Frank J
Bought by
Canaan Holdings Llc
Seller's Agent
Luka Mihovilovic
United Real Estate Los Angeles
Buyer's Agent
Luka Mihovilovic
United Real Estate Los Angeles
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.43%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 5, 2002
Sold by
Hernandez Carmen
Bought by
Hernandez Carmen and Hernandez 2002 Family Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | $1,415,000 | Lawyers Title | |
| Deed | -- | Lawyers Title | |
| Grant Deed | $895,000 | First American Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $675,000 | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | Construction | |
| Previous Owner | $840,000 | New Conventional | |
| Previous Owner | $840,000 | New Conventional | |
| Previous Owner | $455,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $455,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $1,398,000 | 0.0% | $732 / Sq Ft |
| 06/02/2025 06/02/25 | Off Market | $1,398,000 | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $1,498,000 | +7.2% | $746 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $1,398,000 | -1.2% | $732 / Sq Ft |
| 08/29/2022 08/29/22 | Sold | $1,415,000 | -2.4% | $1,259 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 07/25/2022 07/25/22 | For Sale | $1,450,000 | +62.0% | $1,290 / Sq Ft |
| 06/23/2020 06/23/20 | Sold | $895,000 | -3.7% | $796 / Sq Ft |
| 04/17/2020 04/17/20 | For Sale | $929,500 | +37.7% | $827 / Sq Ft |
| 04/13/2018 04/13/18 | Sold | $675,000 | +3.8% | $601 / Sq Ft |
| 03/25/2018 03/25/18 | Pending | -- | -- | -- |
| 03/25/2018 03/25/18 | For Sale | $650,000 | -- | $578 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $26,816 | $2,211,790 | $1,443,300 | $768,490 |
| 2023 | $17,252 | $1,415,000 | $1,132,000 | $283,000 |
| 2022 | $11,026 | $922,356 | $737,885 | $184,471 |
| 2021 | $10,894 | $904,271 | $723,417 | $180,854 |
| 2020 | $8,692 | $702,270 | $520,200 | $182,070 |
| 2019 | $8,349 | $688,500 | $510,000 | $178,500 |
| 2018 | $485 | $33,985 | $15,481 | $18,504 |
| 2016 | $447 | $32,668 | $14,881 | $17,787 |
| 2015 | $441 | $32,178 | $14,658 | $17,520 |
| 2014 | $452 | $31,548 | $14,371 | $17,177 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Li
Seller's Agent in 2025
Christine Li
Real Broker
(626) 593-7456
24 Total Sales
-
Ray Tu
R
Seller's Agent in 2022
Ray Tu
JC Pacific Corp
(626) 964-5500
1 in this area
13 Total Sales
-
W
Buyer's Agent in 2022
Wei Li
HARVEST REALTY DEVELOPMENT
-
Mark Hwang
Seller's Agent in 2020
Mark Hwang
Elevate Real Estate Agency
(951) 280-9832
51 Total Sales
-
Jessica Lu
Seller Co-Listing Agent in 2020
Jessica Lu
Elevate Real Estate Agency
(562) 373-8126
47 Total Sales
-
L
Seller's Agent in 2018
Luka Mihovilovic
United Real Estate Los Angeles
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS20075894
APN: 5493-034-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 723 Chestnut Ave
- 622 San Pascual Ave
- 817 Chestnut Ave
- 6652 Hough St
- 6533 Meridian St
- 322 N Avenue 66 Unit 5
- 215 Bridewell St
- 402 El Centro St Unit 13
- 401 El Centro St
- 241 Monterey Rd Unit B
- 965 N Staley Ln
- 946 Larker Ave
- 969 Adelante Ave
- 951 N Avenue 66
- 935 N Staley Ln
- 939 N Staley Ln
- 1029 N Staley Ln
- 202 Thorne St
- 6321 Ruby St
- 815 N Avenue 63