Chinatown Multi-Unit Investment
For Sale
$2,050,000
980 Yale, Los Angeles, CA 90012
Two-story property in Chinatown with strong rental upside.
Property Size9,772 SF
Days on Market326
Property Features for 980 Yale
General Information
Standard status
Active
Size
9,772 SF
Property subtype
Mixed Use
Building Details
Building Size
9,772 SF
Year Built
1970
Listing Agency:
Keller Williams Realty
Listed By:
Melanie Guillen · License #01322895
(323) 922-3746
Source:
Truthrealty
Added: Nov 17, 2025
Changed: Oct 8
Last Checked: Oct 7 at 3:28PM
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.
Located in Chinatown, this two-story property offers a multi-unit investment opportunity. The property features a mix of 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 Chinatown's shops, restaurants, and public transit. It also provides convenient access to Downtown Los Angeles, Echo Park, and major freeways. The property presents strong rental upside and stable income potential in a desirable and historic location. The property can also be sold as a portfolio with 978 Chung King Road, 974 Chung King Road and 981-983 N Hill Street.
Key Highlights
- Rare multi‑unit investment opportunity in the heart of Chinatown.
- Features a mix of six 3‑bedroom/2‑bath and four 2‑bedroom/1‑bath units.
- Strong rental upside and stable income potential.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,444
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story property in Chinatown with strong rental upside.
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 $2,050,000.
What are key features of this property?
This property features: Rare multi‑unit investment opportunity in the heart of Chinatown.; Features a mix of six 3‑bedroom/2‑bath and four 2‑bedroom/1‑bath units.; Strong rental upside and stable income potential.
