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770 N Hill Pl
Los Angeles, CA 90012 Chinatown

$4,110,000 USD

Apartments For Sale  •  10,880 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,880 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1965
  • Zoning LAR4
89 Transit Score
94 Walk Score

Highlights

• Assumable Loan at 3.35% interest rate, 7-yr fixed until Aug-Sep 2028 (7-year term, buyer to verify loan terms during DD Period)
• Offered at a very attractive price/unit, ±7.48% Proforma CAP Rate and 9.00x Proforma GRM
• Excellent location in the heart of the iconic Chinatown neighborhood of Los Angeles
• WALKER’s PARADISE (walk score of 95 out of 100) and RIDER’s PARADISE (transit score of 90 out of 100)
• 11 out 16 units have been fully upgraded providing upside potentials on 4 non-turned units
• Excellent unit mix with good combinations of 3bed, 2bed and 1bed units

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 4 min 16 min 0.9 mi
Cal State LA (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 5.3 mi
Transit/SubwayDriveWalkDistance
Chinatown Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 9 min 0.5 mi
Civic Center/Grand Park (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 mi
Union Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 16 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 21 min - 15.6 mi
Los Angeles International 23 min - 19.3 mi
Long Beach-Daugherty Field 28 min - 25.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Han Widjaja-Chen 626-594-4900 Growth Investment Group California
Han Widjaja-Chen 626-594-4900 Growth Investment Group California