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980 Yale

Los Angeles (City), CA 90012
  • $2,275,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: DW25250705
UPDATED: 23 min ago
$2,275,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Melanie Guillen of Lee & Associates Los Angeles (323-922-3832)


Description

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 Chinatowns 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/170034364
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980 Yale Los Angeles (City), CA 90012

  • Price: $2,275,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 23 min ago
  • ID#: DW25250705
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1970
Built
Neighborhood:
Chna - Chinatown
County:
Los Angeles
Area:
Chna - Chinatown
Property Description
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 Chinatowns 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.
Exterior Features

Entry Level 1 Entry Location street Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 10 Parking Features Garage Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 2+ Common Walls Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 192272 Gross Scheduled Income 202392 Insurance Expense 14283 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Maintenance Expense 16000 Net Operating Income 108610 New Construction YN No Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Number Of Units Leased 7 Operating Expense 83662 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Total Actual Rent 202392 Trash Expense 0 Vacancy Allowance 10120 Water Sewer Expense 21000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Melanie Guillen of Lee & Associates Los Angeles (323-922-3832)