811 N Bunker Hill Avenue, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 1 bath
811 N Bunker Hill Avenue
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 811 N Bunker Hill Avenue, Los Angeles, California 90012 is currently available with a list price of $1,400,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1885, the property's exterior shows significant signs of neglect and disrepair, including peeling paint, worn-out porch, and overgrown landscaping. The absence of interior photos, combined with the listing description explicitly marketing it as a 'Developer's dream' with R4 zoning and stating its 'primary value is as a tear-down for new construction,' strongly indicates the existing structure is unlivable and beyond economical repair. The current low rental income further supports that the value lies in the land for redevelopment, not the existing dwelling.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9248, living area = 1355.
- High Development Potential
Zoned R4 (Multi-Unit) with a substantial 9,248 sq ft lot, presenting a prime opportunity for multi-family development in a high-demand urban core.
- Strategic Urban Location
Situated in a rapidly revitalizing Chinatown, close to Downtown Los Angeles, attracting affluent professionals and new upscale developments, enhancing future rental or sale prospects.
CONSRISKS & DEFICIENCIES
- Historic Property Age
Built in 1885, the existing structure is very old, likely requiring extensive renovation or demolition, which will add significant costs to any development project.
- Suboptimal Current Income
The current rental income of $1,000/month is considerably below market rates for Los Angeles, indicating the property's value is not in its current income generation but in its development potential.
- Limited Existing Structure Value
The 1,355 sq ft single-family residence is small relative to the lot size and R4 zoning, suggesting its primary value is as a tear-down for new construction rather than a renovatable asset.
About 811 N Bunker Hill Avenue
Investor's delight. A rare piece of property with endless opportunities zoned R4 (MULTI-UNIT) with a lot size of over 9000 sq ft. Currently rented to tenant for $1,000 a month. Chinatown has turned into a vibrant community and growing with new dining establishments, high rise upscale rental units close to downtown Los Angeles. Recent developments in the area have attracted younger and wealthy professionals as tenants. Close to 110 and 101 Fwys and easy access to public transportation, Olvera St and Union Station. Nestled between multi-family units. Developer's dream.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1885
- Lot Size
- 9,248 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,355 | 1,172.5 | 60% |
| Lot Size | 9,248 | 3,472.5 | 90% |
| Price | $1.40M | $801.5K | 80% |
| Price per sq ft | $1.0K | $780 | 90% |
| Built year | 1885 | 1923 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 189 | 20% |
Pricing History
Listed for Sale
Jan 27, 2026
$1,400,000
Initial Listing