965 Dewey Avenue
Los Angeles, CA 90006
3
Bed
0
Bath
1,772Sqft
5,917Sqft(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 2 Full Baths: 0 Half Baths: 0
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Building Information
Year Built: 1923 Building Area Total: 1,772
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1358 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5917
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Listing Price Information
Original List Price: 1,290,000 Listing Contract Date: 2026-02-20 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5078005006
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Garage and Parking
Garage Description: AssignedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 1505 Directions: Located in the heart of Koreatown, easily accessible from Wilshire Blvd. and Olympic Blvd. Close to major transit routes, markets, and everyday conveniences. Zoning: LAR4 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 103 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 1772 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $975,000 | 4 | 1 | 2,110 | 2,110 SqFt |
| 2694 James M Wood Boule.., Los Angeles, CA, 90006 | $1,795,000 | 3 | -- | 3,399 | 3,399 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,400,000 | -- | -- | 5,040 | 5,040 SqFt |
| 1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 | $849,900 | 6 | -- | 2,804 | 2,804 SqFt |
| 1333 Arapahoe Street, Los Angeles, CA, 90006 | $995,000 | 5 | 3 | 2,626 | 2,626 SqFt |
| 1415 Arapahoe Street, Los Angeles, CA, 90006 | $1,600,000 | 6 | 4 | 3,641 | 3,641 SqFt |
| 1118 Elden Avenue, Los Angeles, CA, 90006 | $1,995,000 | 8 | -- | 4,890 | 4,890 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 06:10
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