965 Dewey Avenue, Los Angeles, CA 90006
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$ 1,290,000
Est. payment | /mo

4 Beds

1,772 SqFt


Save
$ 1,290,000
Est. payment | /mo
Save

4 Beds

1,772 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $727

MLS Listing ID CL26642179

Bedrooms 4

HOA Y/N No

Year Built 1923

Lot Size 5,917 Sqft

Acres 0.14

Property Sub-Type OTHER

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

Zoning LAR4

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5078005006

Bridge MLS
Listed by Yong Su Koh • Urban Real Estate, Inc.

Nearby Locations

Justin Kenney

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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965 Dewey Avenue