$1,290,000

965 Dewey Avenue, Los Angeles, CA 90006

  • 4 beds
  • 1,772 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $728/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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!

Listing Status:
Active
Date Added:
February 20, 2026
Data Last Updated:
March 10, 2026 at 7:07AM
Listing Office:
Urban Real Estate, Inc. : 213-318-0777
Listing Agent:
Yong Su Koh : 714-319-1441
MLS ID:
CL26642179
  • Parking: Assigned
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR45078005006
  • Source: CRMLS

This listing courtesy of Yong Su Koh , Urban Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mariposa - Nabi Primary Center

987 S Mariposa Ave, Los Angeles, CA, 90006

Grades KG-2

0.19 miles away

B

Berendo Middle School

1157 S Berendo St, Los Angeles, CA, 90006

Grades 6-8

0.32 miles away

R

RFK Community Schools - New Open World Academy

3201 W 8th St, Los Angeles, CA, 90005

Grades KG-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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