965 Dewey Avenue, Los Angeles, CA 90006 (MLS # 26642179)

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PRICE $1,290,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,772 sqft
LOT SIZE 5,916 sqft

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!

DAYS ON MARKET 22 LAST UPDATED 2/20/2026
YEAR BUILT 1923 COMMUNITY C17 - Mid-Wilshire
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C17 - Mid-Wilshire
LOT 5915 sq ft
LOT DIMENSIONS 5917
PARKING Assigned
STORIES 1
MORTGAGE CALCULATOR
   

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Listed with Urban Real Estate, Inc.

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