965 Dewey Avenue

Los Angeles, CA 90006

$1,290,000
Price
4
Beds
2
Baths
1,772 Sq. Ft.
$728 / Sq. Ft.
1,772
Sq. Ft.
$728
per Sq. Ft.

Description

Non-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subNon-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subject property. 2 separate units (Both 2 beds + 1 bath) 965 Dewey (front unit) - 1100 living sf and 967 Dewey (back unit) - 672 living sf. Great potential for development opportunity or perfect for an owner use! Buyer/Agent is advised to...Non-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subNon-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subject property. 2 separate units (Both 2 beds + 1 bath) 965 Dewey (front unit) - 1100 living sf and 967 Dewey (back unit) - 672 living sf. Great potential for development opportunity or perfect for an owner use! Buyer/Agent is advised to independently investigate and verify accuracy of property information with appropriate professionals. Designated 100% Low Income Units may possibly be built. Option A: 4 Story 46 Unit Apartments or Option B: 5 Story 59 Unit Apartments. Looking for a qualified investor!
  1. Listed by Hikari Eguma • DRE #02235090 • Brokerage DRE #01855390 • GAIA

Property Details for 965 Dewey Avenue

Zoning
LAR4
Parcel Number
5078005006
Total Units
2.0
Living Area
1772
Source Living Area
Assessor
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
5915
LISTING UPDATED: 11/23/2024 01:25 AM

Property Details for 965 Dewey Avenue

StatusActive
MLS #24-465801
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 5,915 SF
CountyLos Angeles County

Building Information for 965 Dewey Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.14 AC / 5,915 SF

Property Information for 965 Dewey Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 5915
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Ceiling Fan, Range/Oven
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $115,124.00
  • Assessed Improvement Percent: 9.05
  • Assessed Land Value: $1,156,505.00
  • Assessed Land Percent: 90.95
  • Assessed Total Value: $1,271,629.00

Property History for 965 Dewey Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 965 Dewey Avenue

Taxable ValueLand$1,179,635Additions$117,426Total$1,297,061
Tax Record2024$15,918 ($1,326 / month)
Home Facts
Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtLot Size5,915 SqFtStyleDuplexYear Built1923ZoningLAR4CountyLOS ANGELESAPN5078-005-006

Schools near 965 Dewey Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Mariposa-Nabi Primary Center
PublicK to 2

Hobart Boulevard Elementary School
PublicK to 5

Young Oak Kim Academy
Public6 to 8

Berendo Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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965 Dewey Avenue is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on November 21, 2024 by GAIA, it's currently listed at $1,290,000. It has been on the market for a total of 2 days and was last sold on December 22, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Mariposa-Nabi Primary Center, Hobart Boulevard Elementary School and Young Oak Kim Academy. 965 Dewey Avenue is a 4-bed, 2-bath, 1,772 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GAIA, Hikari Eguma, DRE #02235090

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.