$2,275,000
980 Yale, Los Angeles CA 90012
Multi-Family (10 Units)
Property type
200 days
On market
$233
Price per sqft
0 cars
Garage
1970
Year built
7,450 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Melanie Guillen DRE #01322895 323-702-3850, Keller Williams Realty
Listing updated: May 10, 2026 at 04:15am.
Last checked: Jun 5, 2026 at 02:01pm
Source: CRMLS #DW25250705
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $0 | $0 | $2,700 | Unfurnished |
| 1 | 3 | 2 | — | $2,202 | $2,202 | $2,700 | Unfurnished |
| 1 | 3 | 2 | — | $1,296 | $1,296 | $2,700 | Unfurnished |
| 1 | 3 | 2 | — | $1,277 | $1,277 | $2,700 | Unfurnished |
| 1 | 3 | 2 | — | $1,296 | $1,296 | $2,700 | Unfurnished |
| 1 | 3 | 2 | — | $0 | $0 | $2,700 | Unfurnished |
| 1 | 2 | 1 | — | $1,009 | $1,009 | $2,500 | Unfurnished |
| 1 | 2 | 1 | — | $1,009 | $1,009 | $2,500 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,500 | Unfurnished |
| 1 | 2 | 1 | — | $877 | $877 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 0
Rent Control: Yes
Units Leased: 7
Total Actual Rent: $202,392
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.2x
List Price / Annual Gross Rent
Cap Rate
4.77%
NOI / List Price
Gross Scheduled Income: $202,392
Vacancy Allowance: $10,120
Operating Expense: $83,662
Net Operating Income: $108,610
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $14,283
Licenses: $2,183
Maintenance: $16,000
Professional Management: $0
Trash: $0
Water / Sewer: $21,000
Interior
Heating: Wall Furnace
Laundry: None
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Parking: Garage
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5414006021
Additional Parcels: No
Tax Lot: 54
Community
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 980 Yale, Los Angeles, CA 90012. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,820,000
Total Interest
$2,321,310
Total Payment
$4,141,310
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,023
per month
Property History for 980 Yale
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90012.
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