Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

811 N Bunker Hill Avenue

Los Angeles, CA, 90012

1 / 17View all 17 photos

$1,150,000

MLS: WS26019143

Beds

2

Baths

1

Sq Ft

1,355

Lot

0.21 ac

Year Built

1885

MLS #

WS26019143

Days on Market

79

Listed

Jan 27, 2026

Description

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.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: HERMAN ENG · EZ PACIFIC INVESTMENT

Payment estimate

$8,288

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000

%
Principal & Interest
$6,359
Property tax (1.25%)
$1,198
Homeowners insurance
$300
Mortgage insurance
$431
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

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 $40,250 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.

Local Market Stats

See Los Angeles, CA 90012 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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