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Chinatown Multi-Unit Investment Opportunity
For Sale
$2,275,000

980 Yale, Los Angeles, CA 90012

Multi-unit property in Chinatown with rental upside potential.

Property Size9,772 SF
Lot Size0.17 Acres
Days on Market258

Property Features for 980 Yale

General Information

Standard status Active
Size 9,772 SF
Lot size 0.17 Acres
Property subtype Investment

Building Details

Building Size 9,772 SF
Year Built 1970
Stories 2
Units 10
Listing Agency: Keller Williams Realty
Listed By: Melanie Guillen · License #01322895
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 12 Last Checked: Aug 12 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Tanning Salon Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,737
Businesses Nearby

Demographics for 90012, CA

33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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 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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