3 months on rocket

960968 Yale St, Los Angeles, CA, 90012

$1,850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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960968 Yale St, Los Angeles$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Garage3 spaces
Year Built1940
FireplaceNone
MLS #PW24004094
Lot Size0.17 Acres
StatusActive

About 960968 Yale St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2

Listing Office:

  • Office Name: Morgan Skenderian
  • Office Email: rma@morganskenderian.com
  • Listing Agent: Rick Applebaum

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Florence Nightingale Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Castelar Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Yale Street and W College Street are the cross streets.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

960968 Yale St vs Los Angeles

111 DAYS ON ROCKET

+77 Days

$1,850,000

+$874K More

KEY TAKEAWAY

This property is $874K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24004094

Listing Office:

  • Office Name: Morgan Skenderian
  • Office Email: rma@morganskenderian.com
  • Listing Agent: Rick Applebaum

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 1:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3117730
7
/10

  • Castelar Street Elementary School

  • 840 Yale St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-3117731
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.24 miles

  • Public Magnet Grades KG-6

school-card-donut-3117732
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 24.56 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3117733
4
/10

  • Florence Nightingale Middle School

  • 3311 N Figueroa St

  • 1.81 miles

  • Public District Grades 6-8

school-card-donut-3117734
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.59 miles

  • Public District Grades 6-8

High School

school-card-donut-3117735
5
/10

  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 0.59 miles

  • Public District Grades 9-12

school-card-donut-3117736
3
/10

  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.98 miles

  • Public District Grades 9-12

school-card-donut-3117737
1
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.44 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,491. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 960968 Yale St

What is the listing price of this property?

The listing price of 960968 Yale St property is $1,850,000.

What type of property is this?

The property 960968 Yale St is a condo located in Los Angeles, California, 90012.

Is this property for sale now?

Active Listing: 960968 Yale St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 960968 Yale St are:
Castelar Street Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Florence Nightingale Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 5/10
Edward R. Roybal Learning Center: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10

Which year was this property built?

The year of construction for 960968 Yale St is 1940.

Rocket Homes›California›Los Angeles County›Los Angeles›90012›960968 Yale St

This home is located at 960968 Yale St in Los Angeles, CA and zip code 90012 in the Central LA neighborhood. This home, which was built in 1940, sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $1,850,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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