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$2,275,000
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Property Description
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.
Full Property Details
Full Property Details for 980 Yale
General
- Price: $2,275,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25250705
- Updated: 2/20/2026
- Days on Market: 107 days
- Added to Site: 107 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: Garage
- Parking: Garage
Location
- Area: CHNA - Chinatown
- County: Los Angeles
- Development Name: CHNA - Chinatown
- Driving Directions: Yale Street and Bernard
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 10
- # Electric Meters: 10
Structural Information
- Entry Location: street
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 9,772
- Year Built: 1970
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 5
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 6
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 10
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.171
- Lot Size (Sq. Ft.): 7,450
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $232.81
- Price Per Unit: 227500
Listed by Keller Williams Realty, Melanie Guillen
Get Pre-Approved Today
Schools
Schools serving 980 Yale
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Castelar Street Elementary School 840 Yale Street, Los Angeles, CA 90012 | K-5 | 0.2 mi |
Florence Nightingale Middle School 3311 North Figueroa Street, Los Angeles, CA 90065 | 7-8 | 1.8 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 980 Yale
Date
Details
Price
Change
Source
11/17/2025
Listed
$2,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 980 Yale
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,176
-38%
$417,727
4%
2023
$11,621
5%
$401,508
2%
2022
$11,110
-25%
$393,636
2%
2021
$14,865
130%
$385,919
1%
2020
$6,452
-39%
$381,963
2%
2019
$10,568
4%
$374,475
2%
2018
$10,182
4%
$367,134
2%
2017
$9,828
5%
$359,937
2%
2016
$9,398
3%
$352,881
2%
2015
$9,154
1%
$347,581
2%
2014
$9,061
2%
$340,773
—
2013
$8,896
—
$339,234
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 980 Yale
980 Yale, Los Angeles, CA 90012 (MLS# DW25250705) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 980 Yale is currently listed for $2,275,000 and was received on November 17, 2025. Want to learn more about 980 Yale? Do you have questions about finding other Multi-Family real estate for sale in Chinatown? You can browse all Chinatown real estate or contact a Coldwell Banker agent to request more information.

