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Chinatown House for Sale

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    $1,590,000

    • 2 Beds
    • 1 Bath
    • 1,355 Sq Ft

    811 N Bunker Hill Ave, Los Angeles, CA 90012

    Investor's delight. A rare piece of property with endless opportunities zoned R4 (MULTI-UNIT) with a lot size of over 9000 sq ft. Current rented to tenant for $1,000 a month. Chinatown has turned into a vibrant community and growing with new dining establishments, high rise upscale rental units close to downtown Los Angeles. Recent developments in the area have attracted younger and wealthy

    Herman Eng EZ PACIFIC INVESTMENT

    811 N Bunker Hill Ave, Los Angeles, CA 90012

Why Live in Chinatown

Chinatown in Los Angeles is a historic neighborhood, originally established in the 19th century by Chinese immigrants. The area is characterized by its vibrant cultural heritage, with red lanterns, pagoda-like structures, and Taoist temples creating a distinctive atmosphere. Central Plaza serves as a focal point for historical landmarks, cultural events, and authentic Chinese dining, making it a popular destination for both residents and tourists. The neighborhood is highly walkable, offering convenient access to downtown LA and Little Tokyo. Authentic cuisine is a major draw, with traditional Sichuan restaurants, dim sum at Golden Dragon, and pastries from Queen’s Bakery. Shopping options include galleries, herbal shops, and the Far East Center for Asian groceries. Cultural attractions like the Chinese American Museum and the Thien Hau Temple add to the neighborhood’s appeal. Community events such as the Chinatown Mid-Autumn Moon Festival and Chinatown Summer Nights bring residents together for food, music, and traditional performances. The new LAX-C night market offers a variety of Thai foods and goods. The neighborhood is well-connected with two train lines, five bus lines, and proximity to major freeways, making commutes and travel convenient. Housing in Chinatown is predominantly rental, with a mix of condos, Spanish-style homes, and townhouses. The architecture blends traditional Chinese elements with 20th-century American styles. Green spaces like the Los Angeles State Historic Park and the recently opened Ord and Yale Street Park provide recreational opportunities and community events. Schools in the area are part of the Los Angeles Unified School District, with Castelar Elementary School offering a highly rated Mandarin Dual Language Program.

Home Trends in Chinatown, CA

Housing Trends

Median Sale Price
$510,000
Median Single Family Sale Price
$510,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
0
Last 12 months Home Sales
4
Months of Supply
0.00
Median List Price
$524,900
Median Change From 1st List Price
3%
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