1038 Dewey Avenue Los Angeles, CA ^$ 2,290,000

1038 Dewey Avenue

^$ 2,290,000

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Recently Listed

1038 Dewey Avenue

Los Angeles, CA, 90006

^$ 2,290,000

Bedrooms8 Baths5.0 Sq 5,216

Monthly Estimate*

^$ 14,100

Listed by Ivy Realty Co.

1038 Dewey Avenue, Los Angeles, CA 90006 - Image 1

1038 Dewey Avenue, Los Angeles, CA 90006 - Image 2

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Multi-Family Home for sale in Los Angeles, CA

for $2,290,000 with 8 bedrooms and 5 full baths. This 5,216 square foot home was built in 1989 on a lot size of 0.1356.

SITUATED IN THE PRIME LOCATION HIGHLY DESIRABLE MID -WILSHIRE. BUILTED 1989. OFFERS EXCELENT CASH FLOW FULLY OCCUPIED. THIS APATMENT CONSIST OF TWO 2bed, 2bath plus DEN UNIT ON THE SECOND FLOOR AND FOUR 1bed 1bath UNIT ON THE THIRD FLOOR. THE GROUND LEVEL OFFERS EIGHT side by side PARKING SPACE. THIS APARTMENT ATTRACTS STRONG TENANTS DEMAND GIVEN ITS CLOSE PROXIMITY TO DOWNTOWN LA,USC and MAJOR EMPLOYMENT CENTERS, THE LOCATION ALSO OFFERS EXCELENT CONECTIVITY VIA THE 10 FREEWAY AND 110 FREEWAY AND MULTIFUL METRO BUS AND RAIL LINES, PROVIDING CONVENIENT ACCES THROUGHOUT THE CITY. THIS APARTMENT IS FULLY OCCUPIRD BY RESPENSIBLE TENANTS, ENSURING STABLE CASH FLOW.

Multi-Family Active

Price

^$ 2,290,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1356

Year Built

1989

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26646391

Days on Market

Features

General

Living Area 5216

Cooling Wall/Window Unit(s)

Possession Close Of Escrow

Appliances Refrigerator

Zoning LAR4

Year Built 1989

Stories Count 1

Levels One

Gross Income 171000

County Los Angeles

Net Operating Income 118775

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions South of Olympic Blvd and West of Vermont Ave

City Los Angeles

Senior Community Y/N false

Number Of Units Total 6

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 5908

Standard Status Active

Cap Rate 5

Interior

Total Stories 1

Air Conditioning Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features None

Total Bedrooms 8

Total Baths 8

Exterior

Parking Features Assigned

Total Parking 8

Lot Size Area 5908

Number of Buildings 1

Building Area Total 5216

Lot Size Acres 0.1356

* Excluded Features

List By

Ivy Realty Co.

Broker

joseph@ivyrealty.com

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$14,100

Per Month

Monthly Principal & Interest: $14,100
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,894,530

Percent of Sale Price 17%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

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Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/3/2026	$2,290,000		Listed Price

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1038 Dewey Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $2,290,000 with 5,216 sqft and a lot size of 0.1356. 1038 Dewey Avenue has 8 bedrooms, 5.0 baths, and was built in 1989. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/4/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1038 Dewey Avenue

Multi-Family Home for sale in Los Angeles, CA

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