980 Yale, Los Angeles, California 90012, Los Angeles, 90012 - bed, bath
980 Yale
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 980 Yale, Los Angeles, California 90012 is currently available with a list price of $2,275,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1970, this multi-unit property is aged but shows signs of regular upkeep and partial cosmetic updates. The kitchens feature updated white shaker-style cabinetry and stone countertops, and the units have modern laminate flooring. However, the overall building systems, exterior, and bathroom fixtures appear dated and consistent with a 50-year-old structure that has not undergone a comprehensive, high-end renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse and High-Capacity Unit Mix
The property features a rare configuration of six 3-bedroom and four 2-bedroom units, offering a total of 10 units that cater to high-demand family and roommate demographics in a dense urban area.
- Prime Chinatown Location
Boasting exceptional walkability, the asset is steps from Hill Street and public transit, providing tenants with easy access to Downtown Los Angeles, Echo Park, and a variety of cultural amenities.
- Significant Investment Upside
With nearly 10,000 square feet of living space and the option for a portfolio acquisition, the property presents a strong value-add opportunity through rental increases and stable long-term income potential.
CONSRISKS & DEFICIENCIES
- Regulatory Constraints
Due to its 1970 construction date, the property is likely subject to the Los Angeles Rent Stabilization Ordinance (RSO), which limits the owner's ability to adjust rents to market rates quickly.
- Modest Local School Ratings
The majority of the assigned public schools for this address carry lower performance ratings, which may impact the property's attractiveness to certain family-oriented tenant profiles.
About 980 Yale
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.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1970
- Lot Size
- 7,450 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Castelar Street Elementary School
Grades K-5 • 0.2 mi
Ann Street Elementary School
Grades K-6 • 0.5 mi
Solano Avenue Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1970 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Nov 17, 2025
$2,275,000
Initial Listing