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960 968 Yale Street, Los Angeles, CA 90012

Property

960 968 Yale Street, Los Angeles, CA 90012 Sold August 2024 CRMLS
$1,617,000Sold August 2024

Listing Agent: Rick Applebaum (DRE #01273871) · Listing Office: Morgan Skenderian · Contact: rma@morganskenderian.com · Bought with: Brian Evans · Real Estate Source, Inc. · MLS #PW24004094 · Source: CRMLS

7,259 sqft
Lot Size
1940
Year Built
Property
Type
2
Stories
3
Garage
$21,562/yr
Taxes

About this property

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 7.3% cap rate on current numbers, this is one of the best opportunities in the marketplace.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$1,617,000
Sold August 2024 · listed $1,755,000, orig. $1,988,000, on market January 2024 · MLS #PW24004094 · Source: CRMLS
Listing Agent: Rick Applebaum · Listing Office: Morgan Skenderian · Contact: rma@morganskenderian.com · Bought with: Brian Evans · Real Estate Source, Inc.
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