




965 Dewey Ave, Los Angeles, CA, 90006
3beds
2baths
1,772sqft
$1,290,000
$728price/sqft
$8,476/moest. monthly cost
$339,040/yrincome needed
About This Home
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!
Getting Around
95
73
67
Schools
--
3/10
5/10
Construction
Condition
- Year built: 1923
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating & Cooling
- Heating features: Other
- Cooling features: Air Conditioning
Interior Area
- Total structure area: 1,772
- Total interior livable area: 1,772 sqft
Property
Details
- Parcel number: 5078005006
- Zoning: LAR4
- Special condition: Standard
- Other equipment: Other
Features
- Levels: One
Lot
- Lot size: 5,915 sqft
Parking
- Parking features: Assigned
