701 N  Hill Pl, Los Angeles, CA 90012
OFF MARKET

701 N Hill Pl
Los Angeles, CA 90012

Chinatown
  • 12 Beds
  • 7 Baths
  • 5,605 sqft
  • 12 Beds
  • 7 Baths
  • 5,605 sqft

$1,944,200

Trulia Estimate
as of Apr 25, 2024
Est. Refi. Payment $12,239/mo*

Homes for Sale Near 701 N Hill Pl

Local Information

map showing home location
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Commute Destination

Description

This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
We are pleased to present 701 N Hill Pl, a five unit true value-add opportunity located in the fabled Chinatown submarket of Northeast Los Angeles. The first time on the market since being built 45-years ago, the property sits on a 5,118 square foot lot with attractive unit mixes of four two-bedroom units and one 4-bedroom true townhouse style unit. The submarket of Chinatown has been undergoing major proposed changes lately, causing a steady upward climb for rental demand in the area. Delivered with 3 vacant units, the incoming buyer is poised to take immediate advantage of all the major economic momentum around the subject property with their own vision of enhancements. Given the continued growth of the Chinatown submarket, the urban atmosphere surrounding the subject property, and the significant value-add opportunity, 701 North Hill Place represents a rare offering for investors seeking an asset that is poised to provide long-term returns and steady appreciation.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 701 N Hill Pl

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: Multi Family

Exterior Features

Parking & Garage
Parking Spaces: 6

Community

Units in Building: 5

Lot Information

Lot Area: 5118 sqft

Price History for 701 N Hill Pl

DatePriceEventSource
10/18/2019$1,665,000Sold
CLAW #19496596
08/29/2019$1,600,000PendingAgent Provided
08/05/2019$1,600,000Listed For SaleAgent Provided

Comparable Sales for 701 N Hill Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.73
Multi-Family Home
$1,685,000
11/03/23
8
5
4,534
0.48
Multi-Family Home
$1,075,000
10/10/23
3
4
2,072
1.07
Multi-Family Home
$805,000
07/26/23
10
6
3,412
0.89
Multi-Family Home
$1,000,000
10/19/23
5
3
2,352
1.41
Multi-Family Home
$1,050,000
12/26/23
11
6
3,944
1.55
Multi-Family Home
$2,330,000
03/21/24
8
7
4,621
1.13
Multi-Family Home
$700,000
09/28/23
6
6
3,784
1.39
Multi-Family Home
$1,725,000
04/24/24
6
6
2,652
1.70
Multi-Family Home
$1,200,165
01/24/24
12
7
4,555
0.84
Multi-Family Home
$980,000
02/23/24
4
2
2,094

Assigned Schools

These are the assigned schools for 701 N Hill Pl.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Chinatown

  • Wesley S
    "No good for living in this place, a lot homeless, streets dirty, not safely for your family or friends"
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  • Trulia User
    "Chinese culture, food, celebration. central to all bus lines, civic center, excitement of big city downtown "
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  • Jeanine T.
    "I drive to work. There is a lot of traffic during rush hours. It is also crowded when there are games at Dodger stadium. "
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  • Bryan A.
    "nothing is special at all here, it's terrible and no one should ever buy a place any where near here"
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  • Randytellezjr
    "Not a great family oriented area. It’s dirty and we have a major homeless problem. It’s dirty everywhere and parking is even worse "
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  • Mimunton
    "It’s pretty safe and quiet here. There are a lot of roaches. Parking kind of sucks because of the Dodgers. Decent food selection. Drivers are a little reckless at stop signs. No good grocery stores. Not many good parks. Relatively affordable but that’s going to change. Probably not a child’s ideal place to live, honestly, but it’s also not the worst place in LA."
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  • Naida V.
    "dog lovers but rarely. very tight community any outsiders will be scrutinized and will take a long time to penetrate their circle of trust. but once you're good , you're good...and they'll accept you as one of their own. I love that this community is very family oriented . and there's a lot of activities for the community. you can walk down the street with no worries .."
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  • Janet S.
    "I've lived here since I was little so I know my way around it with my eyes close. its a peaceful calm neighborhood and everyone is friendly."
    5
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  • jessica
    "I just moved into this area and it is truly a hidden gem! Skyline views, a short walk to chinatown with it's nightlife and neon lights, gentle rolling hills, and elysian park as your backyard! Great area not discovered by the hated hipster yet either!"
    2
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Homes for Rent Near 701 N Hill Pl

Off Market Homes Near 701 N Hill Pl

701 N Hill Pl, Los Angeles, CA 90012 is a 12 bedroom, 7 bathroom, 5,605 sqft multi-family built in 1974. 701 N Hill Pl is located in Chinatown, Los Angeles. This property is not currently available for sale. 701 N Hill Pl was last sold on Oct 18, 2019 for $1,665,000. The current Trulia Estimate for 701 N Hill Pl is $1,944,200.