9 months on rocket

12241226 Dewey Ave, Los Angeles, CA, 90006

$1,259,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
1,900 SqFt
$663/SqFt
Multi

Location

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12241226 Dewey Ave, Los Angeles$1,259,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1898
HeatingWall Furnace
CoolingNone, Wall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #PW24056581
Lot Size0.14 Acres
StatusActive

About 12241226 Dewey Ave

Huge Price Reduction! Price to sell! A Unique Gem in the Heart of Los Angeles! 1224, 1226 Dewey property offers not just one, but two detached single-story units on a single lot, making it a rare find in the coveted neighborhood near Korea Town. As you approach the property, you're greeted by the inviting sight of wide front and side yards, providing ample parking for residents and guests alike. The automatic gated entrance offers a sense of security and privacy. Step inside the front unit and be greeted by a warm and inviting atmosphere. With four bedrooms and three bathrooms in front unit 1224 Dewey, a unique feature of 2 bedrooms and one bathroom of the house has a separate entry exist from the unknown time, providing the perfect spot for a home office. This home is spacious enough to accommodate a large family or provide plenty of room for guests. The high ceilings and open layout create a sense of airiness and space, while the wooden flooring and recessed lights add a touch of modern elegance. The back unit offers a more intimate setting, with one bedroom and one bathroom (county record shows 2 bedrooms and 2 bathrooms). Perfect for a couple or individual looking for a cozy space to call their own. Ideal for owner-users looking for a spacious home with rental income potential, multi-generational families wanting separate living spaces, or investors seeking rental income opportunities, 1224,1226 Dewey Ave offers endless possibilities. Located near Korea Town, residents can enjoy easy access to a myriad of dining, shopping, and entertainment options. Whether you're exploring the local cuisine or immersing yourself in the rich cultural tapestry of the area, there's something for everyone just steps away from your front door.

Property Details

Property Features

Property Information:

  • Year Built: 1898
  • Stories: 1
  • Living Area: 1,900 SqFt

Listing Office:

  • Office Name: New Star Realty & Investment
  • Office Phone: (714) 994-3377
  • Listing Agent: Lena Byun

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave
  • Flooring Type: Laminate, See Remarks, Tile, Wood
  • Interior: Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Primary Suite
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: W 12th St & Dewey Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,259,000
  • Price Per SqFt: $663/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

12241226 Dewey Ave vs Los Angeles

272 DAYS ON ROCKET

+234 Days

$1,259,000

+$237.4K More

$663/SqFt

+$23 More

KEY TAKEAWAY

This property is $237.4K more than the Median Sold Price and $23/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24056581

Listing Office:

  • Office Name: New Star Realty & Investment
  • Office Phone: (714) 994-3377
  • Listing Agent: Lena Byun

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 6:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,351

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,841

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-200153
3
/10
  • Walgrove Avenue Elementary

  • 1630 Walgrove Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-200154
7
/10
  • Grant Elementary School

  • 2368 Pearl St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-200155
8
/10
  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 0.89 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,630. The majority of Los Angeles, CA residents have income $200k+ annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles9000612241226 Dewey Ave

This home is located at 12241226 Dewey Ave in Los Angeles, CA and zip code 90006 in the The Westside neighborhood. This 1,900 square foot home, which was built in 1898, sits on a 0.14 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,259,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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