965 Dewey Ave 3BR La
| Website: | https://www.nestseekers.com/5302869 |
|---|---|
| Address: | 965 Dewey Ave LOS ANGELES, CA 90006 |
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 3 BR |
| Bathrooms: | 2 |
| Area: | 5917 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,290,000
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!
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Urban Real Estate, Inc. | |
