638 N Bunker Hill Avenue, Los Angeles, California 90012, Los Angeles, 90012 - 3 bed, 1 bath
638 N Bunker Hill Avenue
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 638 N Bunker Hill Avenue, Los Angeles, California 90012 reveals a property with a current list price of $849,999, which is 10% above the estimated $767,802 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 638 N Bunker Hill Avenue Subject | $849,999* List Price | 3 | 1 | 1,208 | $636 | - |
A 939 White Knoll Drive Sold | $609,000 | 3 | 2 | 832 | $732 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1900, this property shows significant signs of deferred maintenance and age. Interior images reveal noticeable cracking in the walls and ceilings, particularly in the transition areas. The kitchen is highly outdated with mismatched appliances, dated cabinetry, and old tile flooring. With only one bathroom serving a potential four-bedroom layout and a structure over 120 years old, the home requires substantial rehabilitation of major systems and finishes. The listing's heavy emphasis on LAR4 zoning and development potential further suggests the value lies primarily in the land rather than the current state of the structure.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Zoning
The LAR4 zoning provides exceptional development potential for high-density residential or mixed-use projects in a high-demand urban corridor.
- Income & Layout Flexibility
With four separate entrances and a private office/bedroom wing, the property is perfectly configured for rental income, multi-generational living, or a professional live/work setup.
- Prime DTLA Proximity
Situated near Downtown Los Angeles and Dodger Stadium, the location offers significant long-term appreciation and high demand for both residential and commercial use.
CONSRISKS & DEFICIENCIES
- Historic Age & Maintenance
Built in 1900, the home may require significant structural updates, modernizing of systems, or costly maintenance to meet contemporary building standards.
- Limited Bathroom Count
With only one bathroom serving three to four potential bedrooms, the current layout is underserviced for modern family needs or high-occupancy rental use.
- Varied School Quality
While some local schools are rated moderately, several nearby public schools have lower ratings, which could impact appeal for families prioritizing education.
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.
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
Ann Street Elementary School
Grades K-6 • 0.8 mi
Solano Avenue Elementary School
Grades K-6 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,208 | 1,110.5 | 50% |
| Lot Size | 6,001 | 3,472.5 | 90% |
| Price | $850.0K | $801.5K | 60% |
| Price per sq ft | $704 | $718 | 50% |
| Built year | 1900 | 1923 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 189 | 20% |
Pricing History
Listed for Sale
Mar 1, 2026
$849,999
$874,000
-3% Price Drop
Initial Listing
Price Change
Feb 10, 2026
$874,000
$894,000
-2% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$894,000
$899,000
-1% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$899,000
Initial Listing