Properties
Los Angeles, CA 90012 980 Yale
$2,275,000
6 more
Presented By: Melanie Guillen with Keller Williams Realty; 323-702-3850
Baths • 2
SQFT • 9,772
Home Details
A rare multi-unit investment opportunity in the heart of Chinatown, just steps from Hill Street. This two-story property features a unique mix of six three-bedroom, two-bath units and four two-bedroom, one-bath units, offering an ideal blend for both investors and owner-users. Positioned within one of Los Angeles’ most culturally vibrant neighborhoods, 980 Yale is within walking distance to Chinatown’s shops, restaurants, and public transit, with convenient access to Downtown Los Angeles, Echo Park, and major freeways. The property presents strong rental upside and stable income potential in a highly desirable and historic location. Rent roll is available in the supplements. Property can also be sold as a portfolio with 978 Chung King Road, Los Angeles, CA, 974 Chung King Road, Los Angeles, CA and 981-983 N Hill Street, Los Angeles CA, please see attached supplements.
Presented By: Melanie Guillen with Keller Williams Realty; 323-702-3850
Interior Features for 980 Yale
Other Interior Features
Common WallsItem2CommonWalls
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 980 Yale
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsYale Street and Bernard
Electric Expense
Entry Locationstreet
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income192272
HeatingWall Furnace
Insurance Expense14283
Land Lease Y/NNo
LevelsTwo
Listing TermsSubmit
Lot Size Square Feet7450
Lot Size UnitsSquare Feet
MLS AreaCHNA - Chinatown
MaintenanceExpense16000
Net Operating Income108610
New ConstructionNo
Number Of Units Total10
Number of Units Leased7
Operating Expense83662
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot54
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent202392
Trash Expense0
ViewNone
Water Sewer Expense21000
Year Built1970
Year Built SourceAssessor
Exterior for 980 Yale
Building Area Total9772
Lot FeaturesItem01UnitAcre
Lot Size Acres0.171
Lot Size Area7450
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters0
Parking FeaturesGarage
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
