980 Yale, Los Angeles, CA 90012
- $2,275,000
- List Price
- $2,275,000
- Status
- ACTIVE
- MLS#
- DW25250705
- Year Built
- 1970
- Lot Size
- 7,450
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 252
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
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 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.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $202,392
- Operating Expense
- 83662
Listing courtesy of Listing Agent: Melanie Guillen (melanieguillen@kw.com) from Listing Office: Keller Williams Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.