Listing provided courtesy of Yong Su Koh of Urban Real Estate, Inc.. Last updated 2026-03-01 09:10:21.000000. Listing information © 2025 Sandicor.
Asking Price: $1,290,000 |
965 Dewey, Los Angeles CA 90006
Community: C17 - Mid-Wilshire
This property was built in 1923 and is priced at $1,290,000. Please see the additional details below.
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!
