Properties
Los Angeles, CA 90006 965 Dewey Avenue
$1,290,000
4 more
Presented By: Yong Su Koh with Urban Real Estate, Inc.;
Beds • 3
Baths • 1
SQFT • 1,772
Home Details
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!
Presented By: Yong Su Koh with Urban Real Estate, Inc.;
Interior Features for 965 Dewey Avenue
Bedrooms
Total Bedrooms3
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
Common Walls1 Common Wall
Total Stories
General for 965 Dewey Avenue
CityLos Angeles
CountyLos Angeles
DirectionsLocated in the heart of Koreatown, easily accessible from Wilshire Blvd. and Olympic Blvd. Close to major transit routes, markets, and everyday conveniences.
Full Baths
Gross Income55380
HOANo
LevelsOne
Living Area1772
Lot Size Square Feet5917
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income40000
New ConstructionNo
Number Of Units Total2
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1923
ZoningLAR4
Exterior for 965 Dewey Avenue
Building Area Total1772
Lot Size Acres0.1358
Lot Size Area5917
Number of Buildings2
Parking FeaturesAssigned
Total Parking0
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
