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.
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 The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE 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
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
- Address965 Dewey AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
