A
Seller's Agent in 2024
ASHLEY TANG
HANDFORE REALTY CORP.
(626) 636-5208
2 in this area
26 Total Sales
860 N Bunker Hill Ave Los Angeles, CA 90012
Chinatown Neighborhood
21
Beds
12
Baths
8,550
Sq Ft
8,352
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Paved or Partially Paved Lot
About This Home
As of June 2024This 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.
Last Agent to Sell the Property
HANDFORE REALTY CORP. Brokerage Phone: 626-636-5208 License #01937309 Listed on: 05/08/2024
Property Details
Home Type
- Apartment
Year Built
- Built in 1977
Lot Details
- 8,352 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Interior Spaces
- 8,550 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 21 Bedrooms
- 12 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 25 / 4
- Tax Tract Number 2
- Assessor Parcel Number 5407010014
- $1,419 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 9 Leased Units
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,000
- Insurance Expense $6,296
- Professional Management Expense $7,126
- Trash Expense $3,550
- Water Sewer Expense $10,583
- Operating Expense $30,555
- Gross Income $134,020
- Net Operating Income $86,085
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $1,700,000 | 0.0% | $199 / Sq Ft |
| 05/25/2024 05/25/24 | For Sale | $1,700,000 | 0.0% | $199 / Sq Ft |
| 05/24/2024 05/24/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | Off Market | $1,700,000 | -- | -- |
| 05/08/2024 05/08/24 | For Sale | $1,700,000 | 0.0% | $199 / Sq Ft |
| 01/31/2024 01/31/24 | Rented | $2,000 | 0.0% | -- |
| 01/30/2024 01/30/24 | Off Market | $2,000 | -- | -- |
| 01/09/2024 01/09/24 | For Rent | $2,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2024
Arthur Tang
HANDFORE REALTY CORP.
(626) 943-0903
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24093101
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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