$1,290,000

965 Dewey Avenue, Los Angeles, CA 90006

4 beds
1,772 sqft

other
Built in 1923
6,098sqft lot
—— car garage
$728/sqft
Listed 2 months 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:: May 20, 2026 at 3:08AM
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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