Price: $16,500,000 | 37-Units | ±30,660 RSF Building | Lot Size ±12,197 SF | Year Built: 2022
Price/Unit: $445,946 | Price/RSF: $538.16
Opportunity to purchase adjacent apartment building under construction at 708-712 New Depot Street
ADDRESS
849 North Bunker Hill Avenue
Los Angeles, CA 90012
The Ghobadi Multifamily Team of Colliers is pleased to present the sale of this 37-unit apartment complex located at 849 North Bunker Hill Avenue, Los Angeles California - adjacent to the cities of China town and Downtown Los Angeles.
Bunker Height’s Apartment Homes are conveniently located in the business and cultural heart of Downtown L.A. China Town. Each of these Los Angeles apartments presents excellent Studios, one-bedroom or two-bedroom floor plans with beautiful views of the downtown skyline, spacious kitchens, large living and dining areas. From the contemporary hilltop hideaway with sweeping views of the L.A. skyline, the luxury of Los Angeles surrounds this building, taking in everything that China Town apartments have to offer.
PROPERTY HIGHLIGHTS
• 2022 Construction, Certificate of Occupancy September 2022
• New 6-Story Apartment Building: Type I Basement and Ground Level Parking; Type IIIB - 5 Levels of Residential. Total of 37 Residential Units, 2 Dedicated to Very Low Income
• Controlled Access with Private Underground Parking. Two levels of Underground Parking
• Elevator
• High Speed Internet Access
• Closed-Circuit Security System
• In-Unit Washers & Dryers
• Central A/C and Heat
• Fitness Center
• Kitchen Island
• Key Fob Entry
• Video Patrol
• EV Chargers in Parking Spaces
• Designer Granite Countertops
• Balconies with Fantastic Views of Downtown Los Angeles, the San Gabriel Mountains and Dodger Stadium
• Walking Distance to Union Station
• Rooftop Lounge Area with View of L.A. Downtown and Dodger Stadium
• Leasing Office
• Separately Metered for All Utilities, Including Water
• Opportunity to Also Purchase Adjacent Property Currently Under Construction at 708-712 New Depot Street. Contact Agent for More Information
BUILDING INFORMATION
Year Built: 2022
Building Area: ±30,660 SF
Land SF: ±12,197 SF
Buildings: 1
Number of Stories: 6
APN: 5407-007-047
Zoning: LAR4
Building Type: Multifamily/37 Units