960 Yale Street

Los Angeles, CA 90012

$1,850,000
Price
8
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Pleased to present 960-968 Yale Street, a well-maintained nine-unit apartment building located in Los Angeles (Chinatown). This opportunity, which is situated over two separate parcels, is comprised of (3) bachelor units, (3) one-bedroom/one-bathroom single-story units, (1) three-bedroom/one-bath single-story unit, and (2) four-bedroom/two bathroom units. Throughout the years, current ownership has upgraded all of the interiors and the exterior including new roof(s), new windows, new exterior paint,...Pleased to present 960-968 Yale Street, a well-maintained nine-unit apartment building located in Los Angeles (Chinatown). This opportunity, which is situated over two separate parcels, is comprised of (3) bachelor units, (3) one-bedroom/one-bathroom single-story units, (1) three-bedroom/one-bath single-story unit, and (2) four-bedroom/two bathroom units. Throughout the years, current ownership has upgraded all of the interiors and the exterior including new roof(s), new windows, new exterior paint, upgraded kitchens and bathrooms, and new flooring. Priced at a 6.8% cap rate on current numbers, this is one of the best opportunities in the marketplace.
  1. Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian
  2. Listed by Paul Espinosa • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 960 Yale Street

City Postal ID
LOS ANGELES (90012)

Location

Listing Courtesy of Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa
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LISTING UPDATED: 03/15/2024 11:01 PM

Property Details for 960 Yale Street

StatusActive
MLS #PW24004094
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.17 AC / 7,257 SF
CountyLos Angeles County

Location

Listing Courtesy of Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa
Add your commute

Building Information for 960 Yale Street

Stories2Residences-Year Built-Building Size-Lot Size0.17 AC / 7,257 SF

Payment Calculator

$11,345 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,249

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 960 Yale Street

Summary Information
Property and Location
  • System ID: 306080109
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 960
  • Street Name: Yale Street
  • Directions To Property: Yale Street and W College Street are the cross streets.
HOA and Fees
  • Monthly Total Fees: $448
  • CFD/Mello-Roos Fee: $5,387
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: Pleased to present 960-968 Yale Street, a well-maintained nine-unit apartment building located in Los Angeles (Chinatown). This opportunity, which is situated over two separate parcels, is comprised of (3) bachelor units, (3) one-bedroom/one-bathroom single-story units, (1) three-bedroom/one-bath single-story unit, and (2) four-bedroom/two bathroom units. Throughout the years, current ownership has upgraded all of the interiors and the exterior including new roof(s), new windows, new exterior paint, upgraded kitchens and bathrooms, and new flooring. Priced at a 6.8% cap rate on current numbers, this is one of the best opportunities in the marketplace.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Site: Sidewalks
  • Zoning: Assessor
  • Assessors Parcel Num: 5414006002
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Parking Garage Unit 1: Assigned
  • Unit 1 Num of Bedrooms: 0
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $1,143
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $1,305
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 3
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Rent Actual: $1,581
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 4
  • Unit 4 Num of Total Baths: 2
  • Unit 4 Rent Actual: $2,758

Property History for 960 Yale Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 960 Yale Street

Taxable ValueLand$561,000Additions$438,600Total$999,600
Tax Record2023$14,984 ($1,249 / month)
Home Facts
Total Finished SqFt3,403 SqFtAbove Grade Finished SqFt3,403 SqFtLot Size3,671 SqFtStyleTriplexYear Built1954ZoningLAC2CountyLOS ANGELESAPN5414-006-002

Schools near 960 Yale Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Castelar Street Elementary School
PublicK to 7

Edward R. Roybal Learning Center
Public9 to 12

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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960 Yale Street is a multi-family home for sale in Los Angeles, CA 90012. This property was listed for sale on January 8, 2024 by Morgan Skenderian, it's currently listed at $1,850,000. It has been on the market for a total of 112 days and was last sold on November 18, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Castelar Street Elementary School, Edward R. Roybal Learning Center and Miguel Contreras Learning Complex School. 960 Yale Street is a 8-bed, 5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Morgan Skenderian, Rick Applebaum, DRE #01273871; Morgan Skenderian, Paul Espinosa

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.