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
Price:
$1,290,000
MLS #:
26642179
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Feb 20, 2026
Finished Sq Ft:
1,772
Total Sq Ft:
1,772
Lot Size:
5,917 sqft / 0.14 acres (approx)
Year Built:
1923
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Interior
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Financial
Map
Community
- Address965 Dewey AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 14, 2026
7,200
Single Family Listed
87
Avg DOM
510
Avg $ / SqFt
$1,492,217
Avg List Price
Property Summary
- 965 Dewey AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,290,000 and features 3 beds, 2 baths, and has approximately 1,772 square feet of living space, and was originally constructed in 1923. The current price per square foot is $728. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,492,217.
Similar Listings Nearby
Courtesy of Urban Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.965 Dewey AV
Los Angeles, CA