638 N Bunker Hill Avenue, Los Angeles, California 90012, Los Angeles, 90012 - 3 bed, 1 bath
ACTIVE$899,000$1,208/sqft
Est. Value: $897,745
%
FairlyEstimate
638 N Bunker Hill Avenue, Los Angeles, California 90012
3Beds
1Bath
1,208Sqft
6,001Lot
Price Vs. Estimate
The estimated value ($897,745.175) is $1,254.825 (0%) lower than the list price ($899,000). This property may be overpriced.
Key pros and cons
Top Pros:
High-Density Zoning: The property boasts rare LAR4 zoning, offering exceptional development potential for investors and developers looking for high-density opportunities.
Top Cons:
Limited Bathrooms: The property currently has only one bathroom for 3-4 potential bedrooms, which may be insufficient for larger households or modern living standards.
Compared to the nearby listings
Price:$899.0K vs avg $756.5K (+$142,500)67%
Size:1,208 sqft vs avg 1,308 sqft42%
Price/sqft:$744 vs avg $66158%
More Insights
Built in 1900 (126 years old).
Condition: Built in 1900, this property shows significant age and deferred maintenance. The kitchen features very outdated appliances, dark, worn cabinets, and a fluorescent light fixture, indicating a renovation from several decades ago. The single bathroom is extremely dated with a pink tub and old tile work, requiring a complete overhaul. While livable, the home needs substantial rehabilitation to update major systems, address cosmetic issues like cracked ceilings and worn flooring, and bring it to modern standards of comfort and efficiency.
Year Built
1900
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$744
HOA
-
Days on market
-
Sold On
-
MLS number
226000109
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
Rare LAR4-zoned property near Downtown LA and Dodger stadium offering both immediate livability and exceptional development potential. Unique home features 4 separate entrances, including 2 private entrances to a separate office/bedroom area, ideal for work-from-home, multi-gen living, or future rental setup. Lot offers room for an ADU (buyer to verify). A truly rare property with history, flexibility, and upside -- perfect for an owner-user, investor, or developer looking for a high-density opportunity in a prime location. Title shows 3 bedrooms, the home has 1 other room that could possible be converted to a 4th bedroom.
J
Jason Vollmer
Listing Agent
Nearby schools
6/10
Castelar Street Elementary School
Public,•K-5•0.2mi
3/10
Ann Street Elementary School
Public,•K-6•0.8mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.2mi
3/10
Albion Street Elementary School
Public,•K-6•1.4mi
4/10
Utah Street Elementary School
Public,•K-8•1.5mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.2mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.7mi
Condition Rating
Poor
Built in 1900, this property shows significant age and deferred maintenance. The kitchen features very outdated appliances, dark, worn cabinets, and a fluorescent light fixture, indicating a renovation from several decades ago. The single bathroom is extremely dated with a pink tub and old tile work, requiring a complete overhaul. While livable, the home needs substantial rehabilitation to update major systems, address cosmetic issues like cracked ceilings and worn flooring, and bring it to modern standards of comfort and efficiency.
Pros & Cons
Pros
High-Density Zoning: The property boasts rare LAR4 zoning, offering exceptional development potential for investors and developers looking for high-density opportunities.
Prime Urban Location: Strategically located near Downtown LA and Dodger Stadium, providing excellent access to amenities, entertainment, and potential for strong appreciation.
Flexible Living & Income Potential: Features four separate entrances, including a dedicated office/bedroom area, ideal for multi-generational living, work-from-home setups, or future rental income.
ADU Development Opportunity: The generous lot size allows for the addition of an Accessory Dwelling Unit (ADU), significantly increasing property value and potential rental revenue.
Versatile Investment Appeal: A truly rare property with history, flexibility, and upside, making it perfect for an owner-user, investor, or developer.
Cons
Limited Bathrooms: The property currently has only one bathroom for 3-4 potential bedrooms, which may be insufficient for larger households or modern living standards.
Age and Potential for Updates: Built in 1900, the home is over a century old, suggesting potential for outdated systems, deferred maintenance, or the need for significant renovations to meet contemporary tastes and efficiencies.
School Ratings: Several nearby public schools have lower ratings, which could be a consideration for families prioritizing highly-rated educational institutions.