ActiveSingleFamilyResidence

638 N Bunker Hill Avenue

Los Angeles, CA, 90012

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$849,999

MLS: 226000109

Beds

3

Baths

1

Sq Ft

1,208

Lot

0.14 ac

Year Built

1900

MLS #

226000109

Days on Market

50

Listed

Jan 9, 2026

Description

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.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Jason Vollmer · Beverly and Company Inc.

Payment estimate

$6,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $764,999

%
Principal & Interest
$4,700
Property tax (1.25%)
$885
Homeowners insurance
$300
Mortgage insurance
$319
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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