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860 N Bunker Hill Ave, Los Angeles, CA 90012
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860 N Bunker Hill Ave Los Angeles, CA 90012

$1,700,000
  • 21 Beds
  • 12 Baths
  • 8,550 Sq.Ft.
For Sale
$1,700,000 Get Pre-Qualified
Map preview of 860 N Bunker Hill Ave, Los Angeles, CA 90012

Property Overview: 860 N Bunker Hill Ave Los Angeles, CA has 21 bedrooms, 12 bathrooms, 8,550 living square feet and 8,352 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This nine-unit property, located in the heart of Chinatown, is hitting the market for the first time in over 45 years under single family ownership. Recent upgrades, including a Soft Story Seismic Retrofit in 2019, a new roof in 2020, new washer and dryer machines in the community laundry room, passed and approved City of LA quinquennial Systematic Code Enforcement Program/Inspection in January 2024, and recently remodeled unit #8 with new flooring, cabinetry, quartz countertops, fresh paint, and new light fixtures. Its strategic location offers unmatched accessibility within the vibrant Chinatown district, appealing to seasoned investors and newcomers alike. Positioned for consistent rental income and long-term appreciation, this property presents a unique opportunity to own a piece of Chinatown's heritage while securing a solid investment for the future.

Listed by ASHLEY TANG | BRE #01937309 | HANDFORE REALTY CORP.
Last checked: 8 minutes ago | Last updated: May 10th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
8,352
HOA Dues
$0/mo
Year built
1977
Garage
--
Property Type:
Apartment
Status
Active
MLS#
WS24093101
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Leased Units: 9
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,032
  • Total Rent: $1,032
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,034
  • Total Rent: $1,034
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,014
  • Total Rent: $1,014
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $951
  • Total Rent: $951
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $785
  • Total Rent: $785
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,544
  • Total Rent: $1,544
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,123
  • Total Rent: $1,123
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,544
  • Total Rent: $1,544
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $134,020
  • Net Operating Income: $86,085
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $47,934
  • Electric: $3,000
  • Gas/Fuel: $0
  • Trash: $3,550
  • Insurance: $6,296
  • Professional Management: $7,126
  • Water/Sewer: $10,583

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Property Details for 860 N Bunker Hill Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community, Individual Room, Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 9
  • Parcel Number: 5407010014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross streets are Alpine Street & New Depot Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 860 N Bunker Hill Ave

Last leased for $2,000 on January 31st, 2024

  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: WS24093101

    $1,700,000

    Price

  • January, 2024

  • Jan 31, 2024

    Date

    Leased

    CRMLS: WS24004921

    $2,000

    Price

  • Jan 9, 2024

    Date

    Active

    CRMLS: WS24004921

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to our cozy and completely remodeled 2 bedroom 1 bath apartment in the heart of Chinatown. Owner has done several upgrades some of which includes new flooring, new kitchen quartz countertops and cabinetry, new LED light fixtures, fresh paint, and so much more! Conveniently located to supermarkets, restaurants, the Dodger Stadium, Little Tokyo, Downtown LA, and minutes away from the 110 and 101 freeways. Rent includes water, trash, and 1 reserved parking space.

  • February, 2009

  • Feb 10, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 860 N Bunker Hill Ave

Assessed Value (2020): $441,056
Year Land Value Improved Value Assessed Value
2020 $65,038 $376,018 $441,056

Home Value Compared to the Market

This property vs the competition

860 N Bunker Hill Ave is listed 36% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $198.83 per/sqft which puts the price per square foot 74.41% lower than the median price per square foot for the city of Los Angeles.

About 860 N Bunker Hill Ave

Detailed summary of property

860 N Bunker Hill Ave is a apartment located in Los Angeles, CA 90012 and is currently for sale. This apartment offers 21 bedrooms, 12 bathrooms, roughly 8,550 living square feet, and sits on an approximately 8,352 square foot lot. 860 N Bunker Hill Ave was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $1,700,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36% higher than the median priced home. Local competing homes currently for sale include 1917 Clinton St, 1611 E Cesar E Chavez Ave and 1922 Lake Shore Ave. While the average home in Los Angeles, CA is selling in 92 days, 860 N Bunker Hill Ave has a days on market of 10 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 860 N Bunker Hill Ave Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 860 N Bunker Hill Ave

Public county record property details
Beds
18
Baths
12
Year built
1977
Sq. Ft.
8,556
Lot Size
8,349
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
25
APN
5407-010-014

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$595,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
57
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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