Stacey Alysson Melman

965 Dewey AV Los Angeles CA 90006 MLS #26642179

965 Dewey AV
Los Angeles, CA, 90006
$1,290,000
3 Beds
2 Baths
1,772 SqFt
0.14 Acres
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MLS #26642179 image #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!
AGENT: Yong Su Koh
LISTING BROKERAGE: Urban Real Estate, Inc.
965 Dewey AV
Los Angeles, CA

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
C17 – Mid-wilshireC17midwilshire
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Schools

Interior

Levels
A

Exterior

Common Walls
_1CW

Financial

Gross Operating Income
$55,380
Net Operating Income
$40,000

Map

Community

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