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980 Yale St Los Angeles, CA 90012

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For Sale
$2,275,000

Multi-unit property in Chinatown with rental upside potential.

Lot size:
0.17 Acres

Property Features for 980 Yale St

General Information

Lot size
0.17 Acres

Building Details

Year built
1970
Source: Elliman

Listing Agent: Melanie Guillen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Chinatown Multi-Unit Investment Opportunity

This two-story multi-unit property is located in Chinatown, near Hill Street. The property contains six three-bedroom, two-bath units and four two-bedroom, one-bath units. Situated in a culturally vibrant neighborhood of Los Angeles, the building is within walking distance of shops, restaurants, and public transit. Downtown Los Angeles, Echo Park, and major freeways are easily accessible. The property offers rental upside and income potential in a desirable location. The rent roll is available in the supplements. The 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; see attached supplements.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.23851
Latitude
34.06688

FAQs

What type of property is this?
Apartment building - Multi-unit property in Chinatown with rental upside potential.
Where is this apartment building located?
The property is located at 980 Yale St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: - Rare multi-unit investment opportunity in the heart of Chinatown.; - Mix of six 3-bedroom/2-bath and four 2-bedroom/1-bath units.; - Strong rental upside and stable income potential.
More about this property
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