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Chinatown Multifamily Home for Sale

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    $3,600,000

    • 6 Beds
    • 18 Baths
    • 11,578 Sq Ft

    845 N Bunker Hill Ave, Los Angeles, CA 90012

    845 N Bunker Hill is an 18 Unit Apartment Building built in 1910. All units have been completely renovated with new flooring, new apliances and in unit hvac systems. The building has a newer roof, new plumbing and electrical main and sub panels. Excellent location in Chinatown, near the Dodger Stadium, Donwtown LA, and Echo Park. The building consists of ten (10) studios and eight (8) one

    Jordan Asheghian Lyon Stahl Investment Real Estate, Inc.

    845 N Bunker Hill Ave, Los Angeles, CA 90012

About 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

Home Trends

Median Price (12 Mo)
$580,000
Median Single Family Price
$1,075,000
Median Townhouse Price
$1,000,000
Median 2 Bedroom Price
$498,000
Average Price Per Sq Ft
$452
Number of Homes for Sale
8
Last 12 months Home Sales
17
Months of Supply
5.60
Median List Price
$599,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-12%
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