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937 North Hill Street

937 North Hill Street, Los Angeles, CA 90012
Property in Chinatown
1 Units For Sale
Unit for sale at 937 N Hill Street, Los Angeles, CA 90012

$4,200,000

  • Commercial
  • 6,900 ft²
937 N Hill Street, Los Angeles, CA 90012 Listing by Maggie Ly

Although, the building on the property was most recently renovated and altered in 1949. This has been categorized as a commercial property type. It is a single story home. 937 North Hill Street has 3,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,880 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Jan 23, 2018 for $2,500,000. That's $694.44 per sqft. 937 North Hill Street was last assessed in 2023. The total value of the property was assessed at $2,734,112. Specifically, the land the property is located on was valued at $984,280. While improvements on the property were assessed at a total of $1,749,832. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $34,336. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,880
  • Total Building Area: 3,600
  • Gross Building Area: 3,600
  • Building Area: 3,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: ORDS SURVEY
  • Land Acres: 0.066
  • Standard Land Use Code: Restaurant
  • Legal Description 1: ORDS SURVEY NE 30 FT OF SE 48 FT OF LOT 3 AND SW 30 FT OF SE 48 FT OF LOT/SEC 4 BLK/DIV/TWN 41

Ownership

  • Current Owner : GOLDEN HILL LLC
  • Previous Owner : GIN SUEY HIN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 207103

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 44-E1
  • Parcel: 5414-005-006
  • Block: 41
  • Lot: 3
  • Municipality: HALL OF ADMIN/CHINATOWN
  • Latitude: 34.0655
  • Longitude: -118.238

    Address

  • Full Address: 937 N Hill St
  • Address - House Number: 937
  • Street Direction: N
  • Address - Street Name: Hill
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1714
  • Zip Code: 90012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,336
  • Tax Rate Code Area: 00-046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 05, 2018
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,734,112
  • Assessed Land Value: $984,280
  • Assessed Improvements Value: $1,749,832

    Sales

  • Current Sale Contract Date: Jan 23, 2018
  • Current Sale Recording Date: Feb 05, 2018
  • Current Sale Transaction ID: 11387439425
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0117051

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 05, 2018
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Central LA



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Frequently Asked Questions

What neighborhood is 937 North Hill Street located in?
The 937 North Hill Street is a located in the neighborhood of Chinatown in Central LA, Los Angeles.
How many listings are currently for sale in 937 North Hill Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 937 North Hill Street?
The average sales price for units in 937 North Hill Street is $4,200,000 , or $609/sqft. currently.

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