980 Yale Los Angeles, CA ^$ 2,275,000

980 Yale

^$ 2,275,000

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980 Yale

Los Angeles, CA, 90012

^$ 2,275,000

Studio Baths2.0 Sq 9,772

Monthly Estimate*

^$ 14,193

Listed by Lee & Associates Los Angeles

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,275,000 with 2 full baths. This 9,772 square foot home was built in 1970 on a lot size of 0.171.

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.

Multi-Family Active

Price

^$ 2,275,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.171

Year Built

1970

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25250705

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Garage Spaces 0

Pool Features None

Year Built 1970

Tenant Pays Cable TV Electricity Gas

View None

Stories Count 2

Levels Two

Property Subtype Mixed Use

Gross Income 192272

Community Features Urban

County Los Angeles

Net Operating Income 108610

Operating Expense 83662

Insurance Expense 14283

New Construction 0

Property Type Residential Income

MaintenanceExpense 16000

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions Yale Street and Bernard

City Los Angeles

Entry Location street

Senior Community Y/N 0

Number Of Units Total 10

MLS Area CHNA - Chinatown

Lot Size Units Square Feet

Lot Size Square Feet 7450

Number of Units Leased 7

Listing Terms Submit

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 21000

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 54

Total Actual Rent 202392

Property Sub Type Additional Mixed Use

Interior

Total Stories 2

Common Walls 2+ Common Walls

Heating Y/N 1

Laundry Features None

Entry Level 1

Exterior

Parking Features Garage

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 7450

Number of Buildings 1

Building Area Total 9772

Lot Size Acres 0.171

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

* Excluded Features

List By

Lee & Associates Los Angeles

Broker

mguillen@lee-associates.com

Affordability Calculator

$14,193

Per Month

Monthly Principal & Interest: $14,193
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,895,310

Percent of Sale Price 17%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,275,000		Listed Price

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980 Yale, Los Angeles, CA, 90012 is a Multi-Family Home for sale at $2,275,000 with 9,772 sqft and a lot size of 0.171. 980 Yale is a studio with 2.0 baths and was built in 1970. The property's zip code is 90012 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/24/2025. 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.

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980 Yale

Multi-Family Home for sale in Los Angeles, CA

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