About this home

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.

Facts and features

Schools

• Castelar Street Elementary School

  elementary · K-8 · 0.2 mi

  5

• Belmont Senior High School

  high · 9-12 · 1.4 mi

  3

• Cathedral High School

  high · 9-12 · 0.3 mi

• Florence Nightingale Middle School

  middle · 6-8 · 1.8 mi

  6

• E. Manfred Evans Community Adult

  elementary · 0.5 mi

• Ann Street Elementary School

  elementary · K-5 · 0.5 mi

  6

Price history

• Sep 15, 2026 · Price Changed$2,050,000
• Nov 18, 2025 · Listed$2,275,000
• May 21, 2020 · Listing Removed—
• May 12, 2020 · Relisted$3,500,000
• May 5, 2020 · Listing Removed—
• Apr 24, 2020 · Relisted$3,500,000
• Apr 23, 2020 · Listing Removed—
• Sep 19, 2019 · Listed$3,500,000

Tax history

• 2025$7,175 tax · $426,080 assessed
• 2024$11,978 tax · $417,727 assessed
• 2023$11,621 tax · $401,508 assessed
• 2022$11,110 tax · $393,636 assessed
• 2021$14,865 tax · $385,919 assessed
• 2020$6,452 tax · $381,963 assessed
• 2019$10,568 tax · $374,475 assessed
• 2018$10,182 tax · $367,134 assessed

Where it is