638 N Bunker Hill Avenue, Los Angeles, California 90012, Los Angeles, 90012 - 3 bed, 1 bath
Loading property details...
638 N Bunker Hill Avenue
Los Angeles, California 90012
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,208Sq Ft
6,001Lot Size
Property Price
LIST PRICE$800,000
EST. MARKET VALUE
$832,385
3% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $800,000—positioned well below the $832,385 Fair Market Value by 3%. This valuation gap provides $32,385 in Instant Equity. Featuring LAR4-zoning and a versatile 4-entrance layout, the property offers significant development upside. While the home maintains a Condition Rating of 4, its flexible configuration is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-density, income-generating asset near Downtown LA and Dodger Stadium.
Estimated Market Value
$832,385+$32,385 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 638 N Bunker Hill Avenue Subject | $800,000* List Price | 3 | 1 | 1,208 | $689 | - |
A 1512 N Boylston Street Sold | $975,000 | 3 | 2 | 1,184 | $823 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Although built in 1900, the property has received recent cosmetic updates including new vinyl flooring, light fixtures, and paint, providing immediate livability. However, the 120+ year age, single bathroom for a 3-4 bedroom layout, and lack of mentioned HVAC/electrical upgrades suggest dated systems that will eventually require modernization, consistent with its high-density development potential.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Development Potential
The LAR4 zoning offers exceptional upside for developers or investors to capitalize on high-density residential or mixed-use projects in a high-demand urban corridor.
- Versatile Live/Work Configuration
With four separate entrances and a flexible floor plan, the property is uniquely suited for multi-generational living, rental income, or a professional home-office setup.
- Prime Metropolitan Location
Situated near Downtown Los Angeles and Dodger Stadium, the property boasts a strategic location that appeals to commuters and urban dwellers seeking proximity to major employment and entertainment hubs.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Facilities
The current ratio of only one bathroom for a three-to-four bedroom home is a significant functional drawback for modern families and may necessitate immediate renovation.
- Vintage Infrastructure Risks
Built in 1900, the property likely requires substantial updates to core systems like plumbing and electrical, which may not be fully addressed by recent cosmetic improvements.
About 638 N Bunker Hill Avenue
Rare LAR4-zoned property near Downtown LA and Dodger Stadium offering both immediate livability and exceptional development potential. This unique home features 4 separate entrances, including 2 private entrances to a separate office/bedroom area--ideal for work-from-home, multi-generational living, rental income, or a flexible live/work setup. With its zoning and layout, the property also presents an excellent opportunity for mixed-use potential, allowing for residential living, office use, or a combination of both (buyer to verify).The lot offers room for an ADU (buyer to verify), adding even more value and income possibilities. Title shows 3 bedrooms, and the home includes an additional room that could potentially be converted into a 4th bedroom.The property is enhanced by numerous mature fruit trees and a gardening shed located at the rear of the lot--perfect for storage, hobby gardening, or additional workspace.A truly rare property with history, flexibility, and upside--perfect for an owner-user, investor, or developer seeking a high-density opportunity in a prime location. Recent additions include, New vinyl flooring, Light fixtures and paint.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1900
- Lot Size
- 6,001 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Castelar Street Elementary School
Grades K-5 • 0.2 mi
6/10
Ann Street Elementary School
Grades K-6 • 0.8 mi
3/10
Solano Avenue Elementary School
Grades K-6 • 1.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,208 | 1,664.159 |
| Lot Size | 6,001 | 6,066.556 |
| Price | $800.0K | $1.35M |
| Price per sq ft | $662 | $806 |
| Built year | 1900 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$800,000
Initial Listing