Chinatown (CHNA) Homes with Apartment Subtype

Welcome to Chinatown, a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its colorful streets, bustling markets, and tantalizing cuisine, Chinatown offers a unique blend of tradition and modernity that captivates residents and visitors alike. This historic district, established in the early 20th century, is not just a feast for the senses but also a thriving community that celebrates its heritage through art, festivals, and local businesses.

In recent years, Chinatown has seen a resurgence, attracting a diverse population eager to embrace its dynamic atmosphere. The real estate market here is particularly appealing for those seeking homes with an apartment subtype. These residences provide a perfect solution for urban dwellers looking to experience the excitement of city living while enjoying the comforts of home. Many of these apartments boast modern amenities, stunning views of the city skyline, and proximity to the area's best attractions.

Living in Chinatown means you’re just steps away from an array of culinary delights, from authentic dim sum to trendy cafes. The neighborhood is also home to cultural landmarks such as the iconic Dragon Gate, the serene Thien Hau Temple, and the bustling Los Angeles State Historic Park. With easy access to public transportation and major highways, commuting to downtown Los Angeles or other parts of the city is a breeze.

Whether you’re a first-time homebuyer, a seasoned investor, or someone seeking a vibrant community, Chinatown offers an unparalleled lifestyle infused with charm, diversity, and opportunity. Explore the possibilities of calling this enchanting neighborhood home!

Newest Chinatown (CHNA) Homes with Apartment Subtype

$5,790,000

AR26143019 MLS ⋅ Active Under Contract Status

REDUCED PRICE! PRICED BELOW REPLACEMENT COST. 29-Unit Value-Add Opportunity by DODGER STADIUM w/ Panoramic DTLA Views, High-Upside Asset (±76% Rental Upside), 1972’s Construction, Seller May Carry 1st Trust Deed. 939 W College St., a 29-unit value-add apartment community by the Dodger Stadium area, within the Solano Canyon neighborhood. This value-add apartment investment was built in 1972 and offers an excellent location just within walking distance to the Dodger Stadium, Elysian Park, and just minutes away to Downtown Los Angeles, Chinatown, Little Tokyo, and all the shopping and lifestyle options in those areas. The property was solidly constructed with steel and concrete construction and offered at a very low price per unit and low price per square foot for it’s location and asset quality. The property is a podium style 4-story apartment that was built in 1972, has a large 22,677 SF building size, and situated on a ±12,171 SF LA-R4 zoned lot. It is a secured building with gated parking, has a central courtyard, shared laundry area (seller own machines), elevator, and covered garage parking. It offers a SUPERB unit mix of three (3) x 3bedroom + 2bathroom, twenty (20) x 2bedroom + 1bathroom, five (5) x 1bedroom + 1bathroom, and one (1) x Studio units. Approximately five (5) of the units have been updated (buyer to verify). Twenty-four (24) units have private balconies/patio with almost each balcony providing an unparalleled view of Downtown Los Angeles and the city. Each unit is separately metered for electricity and gas. All the units have updated electrical subpanels, and the main panels are waiting to be upgraded (pending permit from city). The property has a central water heater, shared laundry room (seller own machines), and an elevator. All the tenants are on month-to-month lease. Parking is secured provided by 29 spaces. The building has an automatic fire sprinkler in the garage area. Located strategically near Dodger Stadium and Elysian Park, this property is nestled in the heart of Los Angeles' vibrant 90012 zip code, boasting excellent walkability with a Walk Score of 85—meaning residents can ditch the car for most errands, errands that include strolling just a stone's throw (under a mile walk) to iconic Dodger Stadium for game-day thrills and Elysian Park for serene green escapes.

939 W College, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.