965 Dewey, Los Angeles CA 90006 | $1,290,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 5917 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1923
  • MLS#: 26642179
  • Community: C17 - Mid-Wilshire

Listing provided courtesy of Yong Su Koh of Urban Real Estate, Inc.. Last updated 2026-04-25 08:11:35.000000. Listing information © 2025 SANDICOR.

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!

More Details

0.14 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985