965 Dewey Avenue, Los Angeles, CA 90006
List Price: $1.29M
Listing Status: Active
0Days on Market: 100
3 Bedrooms · 2 Bathrooms · 1,772 sq ft
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 5,917 sq ft
MLS Number: 26642179
About This Property
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!
Listing provided by: Yong Su Koh DRE #01978670 213-318-0777 kohyongsu@gmail.com, Urban Real Estate, Inc.
Source: CRMLS, MLS #: 26642179
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.