965 Dewey Avenue Los Angeles, CA $ 1,290,000
965 Dewey Avenue
$ 1,290,000
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965 Dewey Avenue

Los Angeles, CA, 90006
$ 1,290,000
Baths0.0 Sq 1,772

Monthly Estimate*

$ 7,943

965 Dewey Avenue, Los Angeles, CA 90006 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,290,000. This 1,772 square foot home was built in 1923 on a lot size of 0.14.

EXCELLENT REDEVELOPMENT POTENTIAL WITH STRONG INCOME PROFILE! This Koretown property is zoned R-4 and located within a TOC Tier-3 transit incentive area, offering significant development value near major transit routes. Currently generating $55,380 in gross annual rental income, making it a smart "hold-while-you-plan" opportunity - cash flow positive during entitlement and pre-development phases. With R-4 zoning and Tier-3 incentives near public transit, this site presents an attractive hold-and-develop investment. Seller is MOTIVATED & OPEN to discussions, with a positive intent to sell. Serious and well-qualified inquireis and offers are welcomed!

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Multi-Family Active

Price

$ 1,290,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026642179

Features
General
Living Area 1772.0
Zoning LAR4
Year Built 1923
Levels One
County Los Angeles
Net Operating Income 40000.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 5917.0
Property Attached Y/N Yes
Standard Status Active
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Exterior
Parking Features Assigned
Lot Size Area 5917.0
Pool Y/N? Yes
Building Area Total 1772.0
Lot Size Acres 0.14
Land Lease Type Fee
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Interior
Total Stories 0
Common Walls 1 Common Wall
Total Baths 0
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* Excluded Features
List By
Yong Su Koh

Listing Agent

Urban Real Estate, Inc.

Broker

Affordability Calculator

$7,943
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,943
Monthly Property Taxes
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Monthly Home Insurance
--
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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$1,290,000 Listed Price

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965 Dewey Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,290,000 with 1,772 sqft and a lot size of 0.14. 965 Dewey Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90006 which is in Los Angeles, CA