John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Urban Real Estate, Inc.- MLS# 26642179MLS Provider

965 Dewey AveLos Angeles, CA 90006

Multi-Family · 3 Beds · 1,772 Sq. ft. | 0.14 Acres
$1,290,000 Active

965 Dewey Ave Overview

Time on Site:
129 days
Visits:
0

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!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

965 Dewey Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,772
  • Price/Sq.ft. $728
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Gross Income: 55380
  • Net Operating Income: 40000.00

Building Information

  • Year Built: 1923

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid-Wilshire

Tax Information

  • Tax Assessed Value: 1323001

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: LAR4

Interior

Beds/Baths

  • Bathrooms Total: 2.00
  • Bedrooms Total: 3

General Information

  • Common Walls: Attached
  • Cooling: Air Conditioning
  • Heating: Other
  • Levels: One
  • Living Area: 1772
  • Living Area Source: Vendor Enhanced
  • Stories: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.1358
  • Lot Size Area: 5917
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 2
  • Other Structures: None

965 Dewey Ave Neighborhood

Community

90006 (Los Angeles) Demographics

34
Median Age
30,503
Population Density (per sq. mile)
24%
College Educated
$37,375
Estimated Median Income
1,777
Estimated Total Home Owners
17,372
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

965 Dewey Ave Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

965 Dewey Ave Market Data

Based on the last 30 days in this zip code

$804,658
Average List Price
$523
Average Price per Square Foot
10
Properties Sold
77
Average Days on Market
153
Properties for Sale
Calculations provided by Reliance Network

965 Dewey Ave History

Date Event Value Agent
2/20/2026Source: CRMLS Added to Database
February 20, 2026
2/20/2026Source: TheMLS (CLAW) Added to Database
February 20, 2026
11/4/2022Source: CRMLS Added to Database
November 04, 2022
9/7/2022Source: CRMLS Added to Database
September 07, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
6/22/2022Source: TheMLS (CLAW) Added to Database
June 22, 2022
Cookie Button: