Modern Designer Cabinetry, Quartz Countertops, StainlessSteel Appliances, Refrigerator, Range w/ Oven, Microwave - Open Kitchen Space Layout - Downtown Los Angeles & Chinatown - Re-Defining Modern Living - Newly Renovated w/ Oversized Kitchen Double Sink.
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The advertised price of $2,295 is based off a $2,400 concession - (applied upfront and all at once) being factored into the monthly base rent due of $2,495 (two Thousand Four Hundred Ninety Five Dollars) to show the savings.
Amenities - Washer & Dryer (community) - A/C Units. Parking - No on-site parking for this unit 2. Street parking is sometimes available on N Hill Place. About a 5-7 minute walk away is the AirGarage public parking lot at 721 N Hill Street. This monthly space rent is $85. Amenities: Range/Oven & Freezer. Heating: radiant.
2 days on RentalSource
RentalSource last checked: 22 hours ago · Listing updated: October 31, 2026
This 2-bedroom, 1-bathroom apartment at 701 N Hill Place #5 in Los Angeles, CA 90012 rents for $2,295 a month. It has 860 square feet and is pet friendly. 701 N Hill Place #5 was advertised by VF Developments on October 31, 2026.
How the Rent Compares
At $2,295 a month, this apartment is below the typical rent for 2-bedroom apartments and condos in Los Angeles (about $2,700).
Typical $2,700This home $2,295
$2,100$4,050
From 1,313 two-bedroom apartments and condos listed in Los Angeles on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$2,700Typical rent for 2-bedroom apartments and condos in Los Angeles
The rent has dropped from $2,495 to $2,295 since it was listed on September 2.
Rent history for this home, newest first
Date
Event
Rent
Change
September 14, 2026
Price change
$2,295−8.0%
−8.0%
September 2, 2026
Listed for rent
$2,495
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 701 N Hill Place #5?
Bedrooms
2 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$91,800 /year
With your chosen rent-to-income ratio, an annual income of $91,800 is recommended to comfortably afford this 2-bedroom rental priced at $2,295 per month.
