Millman Team Real Estate

$1,290,000
3 Bed
2 Bath
1,772 Sqft
0.14 Acre Lot

965 Dewey Avenue, Los Angeles, California 90006

  • Residential Income Property Type
  • 1,772 Sqft Square Footage
  • Assigned Cars Garage
  • 1923 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
26642179
$1,290,000
3
2
1,772 Sqft
1923
0.14 Acre
Active
1
Features
: Assigned
$0
Address Map
CA
Los Angeles
Los Angeles
90006
Dewey
965
Avenue
W119° 42' 14''
N34° 3' 13.4''
Located in the heart of Koreatown, easily accessible from Wilshire Blvd. and Olympic Blvd. Close to major transit routes, markets, and everyday conveniences.
C17 - Mid-Wilshire
LAR4
Additional Information
$0
$0
$0
$0
$0
1772
: One
2
2026-02-20
1
Broker/Agent Information
Urban Real Estate, Inc.
Yong Su Koh
Listing Information
CLW-C136670
CLW-X78945
Active
2026-02-28T08:16:59Z
CRMLS
: Standard
2026-02-20T00:00:00Z
Agent info
Ray Millman
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