965 Dewey Ave, Los Angeles, CA 90006
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965 Dewey Ave, Los Angeles, CA 90006
965 Dewey Ave, Los Angeles, CA 90006
965 Dewey Ave, Los Angeles, CA 90006
965 Dewey Ave, Los Angeles, CA 90006
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$ 1,290,000
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965 Dewey Ave Los Angeles, CA 90006

3 Beds

2 Baths

1,772 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $727

MLS Listing ID 26642179

Bedrooms 3

Year Built 1923

Lot Size 5,917 Sqft

Acres 0.1358

Property Sub-Type Multi-Family

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!

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Air Conditioning

Equipment Other

Exterior

Parking Features Assigned

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Urban Real Estate, Inc.
Sharon Baluku
Sharon Baluku

Agent | License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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965 Dewey Ave