845 North Bunker Hill Avenue

Los Angeles CA 90012

11578 sq. ft.

6576 sq. ft.

Other

Last sold for $2,725,000

Jason Tuvia, last sold this property on 25 March 2026 after 349 days on market.

Overview

We are pleased to present an eighteen (18) unit apartment building located at 845 N Bunker Hill Ave in Los Angeles, California. The subject property is located in a great Chinatown location, north of Cesar Chavez Ave and west of Hill St. Located in the heart of Chinatown, the property consists of ten (10) studios and eight (8) one-bedrooms and has undergone significant capital improvements, including a new roof, upgraded fire alarm and sprinkler systems, copper plumbing, and updated electrical. The property offers rare central HVAC for a vintage asset, along with on-site security and laundry facilities. The property also presents an excellent value-add opportunity with a nearly 4,000 SF unfinished basement that offers future flexibility and potential ADU conversion. Additional benefits include separately metered gas and electricity, wood-frame stucco construction, low-maintenance landscaping, and a location just steps from Chinatown's restaurants, transit, and everyday amenities. Overall, the property combines capital improvements, rental upside potential (+35%), and a nearly 4,000 SF unfinished basement, offering investors a high initial cap rate in a very attractive Chinatown location.

Features

6 bedrooms

18 bathrooms

11578 sq. ft. floor area

6576 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 6 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 845 North Bunker Hill Avenue

2026

Sold

$2,725,000

25 Mar 2026 by Jason Tuvia, of Marcus & Millichap

Happy sellers in Los Angeles

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