2 Bedroom
2 Bedrooms • 1 Bath • 860 Sq Ft
Starting at $2,195/mo
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701 N Hill Place LLC
$2,195 – $2,295/mo
- 2 bedrooms
- 1 bath
- 860 sq ft
- 2 units available
As of October 13, 2026, 701 N Hill Place LLC in Los Angeles, CA has 2 apartments for rent from $2,195 to $2,295/mo. The average asking rent has fallen 10% since August 29, 2026, from $2,495 to $2,245.
Floor plans
1 floor plan · 2 available units · Prices checked October 13, 2026
Rent history
Over the past 3 months, the average asking rent at 701 N Hill Place LLC has ranged from $2,245 to $2,495. The current average is $2,245, the lowest in the past 3 months.
Prices reflect the average advertised rent across units listed as available each day (45 days observed).
| Month | Average asking rent | Lowest – highest | Units listed |
|---|---|---|---|
| Oct 2026 | $2,245 | $2,195 – $2,295 | 2 |
| Sep 2026 | $2,353 | $2,195 – $2,495 | 2 |
| Aug 2026 | $2,495 | $2,495 | 1 |
Fees & lease terms
Rent
$2,195 – $2,295/moSecurity deposit
$2,295Move-in special
Drake Real Estate Group | Welcomes You Home | Schedule Your Private Viewing Today ! INQUIRIES | TEXT/ CALL : 323-373-7777 EMAIL : victoriavfleasing@gmail.com CURRENT AVAILABILITIES: https://vf-developments.com/ Virtual Matterport walkthrough - https://my.matterport.com/show/?m=bYCCVYDKGL8 VIDEO I https://media.autoreelapp.com/renders/i94kkae15y/out.mp4 * Please note: the advertised price of $2,195 is based off a $1,200 concession - (applied upfront and all at once) being factored into the monthly base rent due of $2,295 (TWO THOUSAND TWO HUNDRED NINETY FIVE DOLLARS) to show the savings. This downtown Los Angeles, 1970s built community has seven spacious studio and two-bedroom units. The community recently underwent a major interior and exterior renovation. This modern two-story garden walkup is located in the heart of Chinatown and downtown Los Angeles. Enjoy a short commute to the LA Fashion District, Staples Center, Disney Concert Hall, Chinatown and all the amazing dining and glamorEarliest move-in
May 22
Cost to rent here
The all-in monthly cost by apartment size, and how the rent compares across the Los Angeles area.
Lowest-priced apartment: 2 bedrooms at $2,195
$2,546/mo
$351/mo above the advertised rent
Rent
$2,195
Electric, gas, water
$233
Internet
$104
Renters insurance
$14
All-in monthly
$2,546
By apartment size
| Size | Rent from | All-in monthly | Income to qualify |
|---|---|---|---|
| 2 bedrooms | $2,195 | $2,546 | $79,020/yr |
Landlords commonly look for a monthly income of three times the rent, about $79,020 a year for the $2,195 two-bedroom. The median renter household in Los Angeles earns $62,931 a year.
Compared with the Los Angeles area
The median two-bedroom at 701 N Hill Place LLC asks $2,245 a month, about the same as the Los Angeles area's typical two-bedroom asking rent of $2,357. Typical asking rents across the area are down 1.0% from a year earlier.
| Size | Median asking rent here | Los Angeles-area asking rent | Los Angeles rent paid |
|---|---|---|---|
| 2 bedrooms | $2,245 | $2,357 | $2,206 |
Area asking rent: typical rent asked for a new lease across the Los Angeles-Long Beach-Anaheim, CA metro, Apartment List Rent Estimates, August 2026.Rent paid: median rent including utilities across all renter households in Los Angeles, U.S. Census Bureau American Community Survey, 2020–2024.
Rows marked “est.” are averages for this area scaled to the apartment, not quotes from the property. The income figure is a common screening rule, not this property’s requirement.
Can you afford it? Rent affordability calculator for Los Angeles
Amenities
Dishwasher
Microwave
Refrigerator
Stove/Oven
Water
Location
701 N Hill Pl, Los Angeles, CA, 90012
Getting around
Very Walkable
Excellent Transit
Not Bikeable
About this property
701 N Hill Place Apartments This downtown Los Angeles, 1970s built community has seven spacious studio and two-bedroom units. The community recently underwent a major interior and exterior renovation. This modern two-story garden walkup is located in the heart of Chinatown and downtown Los Angeles. Enjoy a short commute to the LA Fashion District, Staples Center, Disney Concert Hall, Chinatown and all the amazing dining and glamorous shopping that living in Los Angeles has to offer. Chinatown is one of L.A.'s most popular tourist destinations. Chinatown is experiencing a modern-day renaissance. From the hottest new restaurants to art galleries and Bruce Lee's former studio, read on and discover the best of Chinatown. Chinatown is a festive destination for dining and shopping. Pagoda-style buildings with red lanterns house traditional Chinese restaurants, dim sum houses and bakeries, plus specialty grocery stores and gift shops. There’s also the Taoist Thien Hau Temple, small art galleries and dark bars. Foodies head to creative Asian-fusion eateries and the landmark Philippe the Original, lauded for its French dip sandwich. The apartment homes are separately-metered, fully parked with six onsite parking spaces and have central air conditioning. Creatively designed by a renowned LA designer, these 1970 vintage luxury rental homes feature keyless entry door locks to spacious one and two-bedroom floor plans with newly upgraded kitchen and bathrooms. The kitchen boasts sparkling white stone quartz countertops with brand new self-closing bamboo enhanced cabinetry and high-end stainless-steel Whirlpool refrigerators with matching gas cooktop with oven and microwave. Each rental home has porcelain tiled bath tubs and glass shower doors with oversize vanity mirror. Each rental home also includes central A/C cooling and heating with recessed lights with luxury style remote control blinds and distressed wood plank floors. Washer and dryers are in the units too.
Nearby schools
| School | Type | Level | Distance |
|---|---|---|---|
Chinatown Service Center Cdc Private · Preschool | Private | Preschool | 0.1 mi |
Ramon C. Cortines School Of Visual And Performing Arts Public · High | Public | High | 0.2 mi |
Choi Hunh Head Start Private · Preschool | Private | Preschool | 0.2 mi |
Castelar Street Elementary School Public · Middle | Public | Middle | 0.2 mi |
Evans Head Start Private · Preschool | Private | Preschool | 0.3 mi |
E. Manfred Evans Community Adult Public · High | Public | High | 0.3 mi |
First 5 La Day Care Private · Preschool | Private | Preschool | 0.5 mi |
Oak Crest Academy - Los Angeles Private · High | Private | High | 0.7 mi |
Cathedral High School Private · High | Private | High | 0.7 mi |
Ann Street Elementary School Public · Elementary | Public | Elementary | 0.7 mi |