860 N Bunker Hill Avenue Los Angeles, CA ^$ 1,700,000

860 N Bunker Hill Avenue

^$ 1,700,000

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860 N Bunker Hill Avenue

Los Angeles, CA, 90012

^$ 1,700,000

Bedrooms21 Baths12.0 Sq 8,550

Monthly Estimate*

^$ 11,299

Listed by HANDFORE REALTY CORP.

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 1

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 2

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 3

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 4

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 5

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 6

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 7

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 8

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 9

860 N Bunker Hill Avenue, Los Angeles, CA 90012 - Image 10

Multi-Family Home for sale in Los Angeles, CA

for $1,700,000 with 21 bedrooms and 12 full baths. This 8,550 square foot home was built in 1977 on a lot size of 0.1917.

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.

Multi-Family Pending

Price

^$ 1,700,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1917

Year Built

1977

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS24093101

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR4

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1977

Property SubType Apartment

Gross Income 134020.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 86085.0

Operating Expense 47934.0

Insurance Expense 6296.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Trust

Status Pending

Directions Cross streets are Alpine Street & New Depot Street

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 9

MLS Area CHNA - Chinatown

Lot Size Units SquareFeet

Lot Size Square Feet 8352.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 9

Street Name Bunker Hill

Listing Terms Cash CashtoExistingLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 3000.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 3550.0

Water Sewer Expense 10583.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 16

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 25

Total Actual Rent 11027.0

Property Sub Type Additional Apartment

Exterior

Lot Features Paved Walkstreet

Water Source Public

Total Parking 0.0

Lot Size Area 8352.0

Number of Buildings 1

Spa N

Building Area Total 8550.0

Lot Size Acres 0.1917

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea Inside LaundryRoom

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 860

* Excluded Features

List By

Handfore Realty Corp.

Broker

(626) 573-2333

Phone

Affordability Calculator

$11,299

Per Month

Monthly Principal & Interest: $11,299
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,984,392

Percent of Sale Price 17%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$1,700,000		Listed Price

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860 N Bunker Hill Avenue, Los Angeles, CA, 90012 is a Multi-Family Home for sale at $1,700,000 with 8,550 sqft and a lot size of 0.1917. 860 N Bunker Hill Avenue has 21 bedrooms, 12.0 baths, and was built in 1977. The property's zip code is 90012 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/2024. 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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860 N Bunker Hill Avenue

Multi-Family Home for sale in Los Angeles, CA

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