$1,290,000 - 965 Dewey Avenue, Los Angeles

  • 4Beds
  • 2Baths
  • 1,772SQ. Feet
  • 0.14Acres

Los Angeles Home For Sale

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!

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • ParkingAssigned
  • GaragesAssigned

Essential Information

  • MLS® #26642179
  • Price$1,290,000
  • Bedrooms4
  • Bathrooms2.00
  • Square Footage1,772
  • Acres0.14
  • Year Built1923
  • TypeResidential Income
  • StatusActive
  • Listing AgentYong Su Koh
  • Listing OfficeUrban Real Estate, Inc.

Interior

  • StoriesOne

Community Information

  • Address965 Dewey Avenue
  • AreaC17 - Mid-Wilshire
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90006

Additional Information

  • Date ListedFebruary 20th, 2026
  • Days on Market48
  • ZoningLAR4
  • Short SaleN
  • RE / Bank OwnedN

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Soouth Bonnie Brae Tract

  • City:
    Los Angeles
  • Price Range:
    $1,290,000 - $1,290,000
  • Current Listings:
    1
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $429

  • City:
    Los Angeles
  • Price Range:
    $349,000 - $29,999,000
  • Current Listings:
    1846
  • HOA Dues:
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  • Average Price per Square Foot:
    $447

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Based on information from California Regional Multiple Listing Service, Inc. as of April 9th, 2026 at 3:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.