11 days on rocket

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

$1,700,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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860 N Bunker Hill Ave, Los Angeles$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1977
MLS #WS24093101
Lot Size0.19 Acres
StatusActive

About 860 N Bunker Hill Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 3

Listing Office:

  • Office Name: HANDFORE REALTY CORP.
  • Office Phone: (626) 636-5208
  • Listing Agent: ASHLEY TANG

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Florence Nightingale Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Castelar Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Cross streets are Alpine Street & New Depot Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000

Tax Information:

  • Annual Amount: $6,234
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

860 N Bunker Hill Ave vs Los Angeles

11 DAYS ON ROCKET

-23 Days

$1,700,000

+$713.5K More

KEY TAKEAWAY

This property is $713.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24093101

Listing Office:

  • Office Name: HANDFORE REALTY CORP.
  • Office Phone: (626) 636-5208
  • Listing Agent: ASHLEY TANG

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,234$445,624
2020$6,065$441,056
2019$5,899$432,409
2018$5,784$423,931
2017$5,784$415,620

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3956743
7
/10
  • Castelar Street Elementary School

  • 840 Yale St

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-3956744
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.08 miles

  • Public Magnet Grades KG-6

school-card-donut-3956745
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 24.34 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3956746
5
/10
  • Florence Nightingale Middle School

  • 3311 N Figueroa St

  • 2.09 miles

  • Public District Grades 6-8

school-card-donut-3956747
4
/10
  • Studio

  • 2211 W Avenue 30

  • 2.80 miles

  • Public District Grades 6-8

High School

school-card-donut-3956748
6
/10
  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 0.32 miles

  • Public District Grades 9-12

school-card-donut-3956749
5
/10
  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.73 miles

  • Public District Grades 9-12

school-card-donut-3956750
3
/10
  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 1.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,491. The majority of Los Angeles, CA residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 860 N Bunker Hill Ave

What is the listing price of this property?

The listing price of 860 N Bunker Hill Ave property is $1,700,000.

What type of property is this?

The property 860 N Bunker Hill Ave is a condo located in Los Angeles, California, 90012.

Is this property for sale now?

Active Listing: 860 N Bunker Hill Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 860 N Bunker Hill Ave are:
Castelar Street Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Florence Nightingale Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 6/10
Edward R. Roybal Learning Center: GreatSchools Rating 5/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,234 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 860 N Bunker Hill Ave is 1977.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90012860 N Bunker Hill Ave

This home is located at 860 N Bunker Hill Ave in Los Angeles, CA and zip code 90012 in the Central LA neighborhood. This home, which was built in 1977, sits on a 0.19 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,700,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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