845 N Bunker Hill Avenue, Los Angeles, CA 90012

• 11,578 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 10, 2026

Data Last Updated:

February 16, 2026 at 12:09PM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Jason Tuvia : 818-212-2735

MLS ID:

CL26650217

Interior

• A/C: Central Air
• Heating: Other

Exterior

• Parking: None

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR45407007010

Financial

• Source: CRMLS