$1,755,000 Price Analysis   ♡   Los Angeles, CA 90012 14 bed 11 bath 5,515 SqFt ($318/SqFt) 7,259SqFt lot. Built 1940 Listed 2024-01-08, Taxes $9,589 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Pleased to present 960-968 Yale Street
* Sale Pending *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 wnership 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.
Presented by Rick Applebaum at
Morgan Skenderian.
Property MLS #PW24004094 from CRMLS
Additional Parcels: Yes
Lot Description: Utilities - Overhead
Lot Size Acres: 0.1666437
Lot Size Source: Assessor
Lot Size Square Feet: 7259
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 4
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Rent Control: Yes
Source Listing Status: Pending
County: Los Angeles
Cap Rate: 7.30
Other Expense: 1860.00
Source Property Type: Residential Income
Insurance Expense: 3411.00
Area: CHNA - Chinatown
Source Neighborhood: CHNA - Chinatown
New Taxes Expense: 26696.00
Number of Separate Electric Meters: 10
Number of Separate Gas Meters: 10
Number of Separate Water Meters: 1
Parcel Number: 5414006002
Postal Code Plus 4: 4615
Trash Expense: 4202.00
Zoning: LAC2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $236,803 + $340,767 $577,570 | $9,589 |
| 2021 | $232,160 + $334,086 $566,246 | $11,371 |
| 2020 | $229,780 + $330,661 $560,441 | $7,334 |
| 2019 | $225,275 + $324,178 $549,453 | $9,149 |
| 2018 | $220,858 + $317,822 $538,680 | $8,962 |
| 2017 | $216,528 + $311,591 $528,119 | $8,715 |
| 2016 | $212,283 + $305,482 $517,765 | $8,440 |
| 2015 | $209,095 + $300,894 $509,989 | $8,260 |
| 2014 | $205,000 + $295,000 $500,000 | $8,211 |
| 2013 | $54,331 + $51,343 $105,674 | $3,311 |
| 2012 | $53,266 + $50,337 $103,603 | $3,290 |
| 2010 | $52,222 + $49,350 $101,572 | $3,262 |
| 2009 | $51,956 + $49,099 $101,055 | $3,424 |
| 2009 | $51,832 + $48,982 $100,814 | $3,424 |
| 2008 | $50,938 + $48,137 $99,075 | $3,175 |
| 2007 | $49,940 + $47,194 $97,134 | $1,416 |
$1,755,000
CRMLS
Relisted 2024-05-25
$1,850,000
CRMLS
Listing removed 2024-05-08
$0
CRMLS
Price Changed 2024-03-15
$1,850,000
CRMLS
Price Changed 2024-02-02
$1,899,000
CRMLS
Listed 2024-01-08
$1,988,000
CRMLS
Listing removed 2023-12-05
$0
CRMLS
Price Changed 2023-09-12
$1,999,000
CRMLS
Price Changed 2023-08-03
$2,075,000
CRMLS
Listed 2023-07-14
$2,199,000
CRMLS
Sold 2013-11-18
$500,000
Public Record
Listing removed 2013-08-07
$650,000
CRMLS
Listing removed 2012-08-03
$1,200,000
CRMLS
Listed 2012-08-02
$650,000
CRMLS
Listed 2012-05-22
$1,200,000
CRMLS
Listing removed 2006-08-31
$2,200,000
ITECH
Listed 2006-03-03
$2,200,000
ITECH
Year Built: 1940
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 84
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 4202.00
Water Source: Public
Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.