$1,290,000
965 Dewey Avenue, Los Angeles CA 90006
Multi-Family (2 Units)
Property type
133 days
On market
$728
Price per sqft
N/A
Garage
1923
Year built
5,917 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Yong Su Koh DRE #01978670 714-319-1441, Urban Real Estate, Inc.
Listing updated: Jun 1, 2026 at 12:09am.
Last checked: Jun 3, 2026 at 01:01am
Source: CRMLS #26642179
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,615 | $2,615 | $2,900 | Unfurnished |
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Financial Snapshot
Gross Rent Multiplier
23.3x
List Price / Annual Gross Rent
Cap Rate
3.1%
NOI / List Price
Net Operating Income: $40,000
Exterior
Property Attached: Yes
Stories Total: 0
Levels: One
Common Walls: One Common Wall
Garage and Parking
Parking: Assigned
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5078005006
Zoning: LAR4
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 965 Dewey Avenue, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,032,000
Total Interest
$1,316,259
Total Payment
$2,348,259
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,017
per month
Property History for 965 Dewey Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
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