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965 DEWEY Avenue, Los Angeles, CA 90006

Property · 2 recorded sales since 2016

965 DEWEY Avenue, Los Angeles, CA 90006 Sold December 2017 CRMLS
$1,100,000Sold December 2017

Listing Agent: John C. Pak (DRE #01898649) · Listing Office: JP Investment Real Estate Grou · Contact: 213-915-0055 · Bought with: J. Geo Kim · One Properties · MLS #17295984 · Source: CRMLS

5,915 sqft
Lot Size
1923
Year Built
Property
Type
None
Cooling

About this property

Non-Entitled R4-1 Zoning in the heart of K-town. These two separate houses are in a high demand prime rental area convenient to transportation, shopping and dining. 965 and 967 Dewey -- Tax Assessor calls them a Duplex. 965 built in 1906 at 1100 sqft. rent is $1404. 967 built in 1923 is 672 sqft. and rent is $936. Great potential for builders, investors for new multiple units or restoration of existing homes. One of the hottest development spots in the area with multiple surrounding mixed use commercial and apartment developments currently being built steps away. A low-slung residential block on Dewey could soon be the site of a sizable hotel with 99 guest rooms. According to plans filed with the city, a developer listed as La Villa Puente, LLC plans to replace a cluster of aging bungalows with the hotel, which will also include parking for 63 vehicles.

Listing description from the December 2017 sale, as reported to CRMLS.

Sale history

$1,100,000
Sold December 2017 · on market December 2017 · MLS #17295984 · Source: CRMLS
Listing Agent: John C. Pak · Listing Office: JP Investment Real Estate Grou · Contact: 213-915-0055 · Bought with: J. Geo Kim · One Properties
$750,000
Sold February 2016 · listed $660,000, on market February 2016 · MLS #SR16026439 · Source: CRMLS
Listing Agent: Wendy Furth · Listing Office: Furth & Associates · Contact: 818-523-2916 · Bought with: Wendy Furth · Furth & Associates
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