Non-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subNon-Entitled R4-1 Zoning in the heart of highly desired prime Koreatown location. Multiple new constructions underway around this subject property. 2 separate units (Both 2 beds + 1 bath) 965 Dewey (front unit) - 1100 living sf and 967 Dewey (back unit) - 672 living sf. Great potential for development opportunity or perfect for an owner use!! Buyer/Agent is advised to independently investigate and verify accuracy of property information with appropriate professionals. Designated 100% Low Income Units may possibly be built. Option A: 4 Story 46 Unit Apartments or Option B: 5 Story 59 Unit Apartments. Looking for a qualified investor!
Property Details
Property Features
Property Information:
Year Built: 1923
Stories: 1
Living Area: 1,772 SqFt
Listing Office:
Office Name: GAIA
Office Phone: (310) 779-8213
Listing Agent: Hikari Eguma
Interior Features
Interior Information:
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: North of Olympic Blvd, between S Vermont Ave and S Normandie Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,290,000
Price Per SqFt: $728/SqFt
Tax Information:
Annual Amount: $14,707
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $268.4K more than the Median Sold Price and $88/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: #24465801
Listing Office:
Office Name: GAIA
Office Phone: (310) 779-8213
Listing Agent: Hikari Eguma
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: 12/23/2024, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 22, 2017
Dec 22, 2017Home Sold
$1,100,000
Feb 29, 2016
Feb 29, 2016Home Sold
$750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,707
$1,222,252
2020
$13,516
$1,209,720
2019
$13,397
$1,122,000
2018
$9,368
$1,100,000
2017
$9,368
$765,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,506
Per Month
Principal & Interest
$6,439
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,934
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
RFK Community Schools - Ambassador School of Global Education
3201 W 8th St
Distance between this listing and this school0.33 miles
Public District Grades KG-5
4
/10
Hobart Boulevard Elementary School
980 S Hobart Blvd
Distance between this listing and this school0.52 miles
Public District Grades KG-5
2
/10
Politi Elementary School
2481 W 11th St
Distance between this listing and this school0.55 miles
Public District Grades KG-5
Nearby Schools
2
/10
Monsenor Oscar Romero Charter Middle School
2670 W 11th St
Distance between this listing and this school0.25 miles
Public Charter Grades 6-8
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.33 miles
Public District Grades 6-8
5
/10
Equitas Academy #2
2723 W 8th St
Distance between this listing and this school0.70 miles
Public Charter Grades 5-8
Nearby Schools
4
/10
RFK Community Schools - New Open World Academy
3201 W 8th St
Distance between this listing and this school0.33 miles
Public District Grades KG-12
4
/10
RFK Community Schools - Ambassador School of Global Leadership
701 S Catalina St
Distance between this listing and this school0.42 miles
Public District Grades 6-12
4
/10
RFK Community Schools - Los Angeles High School of the Arts
701 S Catalina St
Distance between this listing and this school0.42 miles
The neighbors living near this home have an average income of $36,616. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 965 Dewey Ave
What is the listing price of this property?
The listing price of 965 Dewey Ave property is $1,290,000.
What type of property is this?
The property 965 Dewey Ave is a house located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 965 Dewey Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $14,707 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 22, 2017 for $1,100,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 965 Dewey Ave has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 965 Dewey Ave is 1,772 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 965 Dewey Ave is 1923.
This home is located at 965 Dewey Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 1,772 square foot home, which was built in 1923, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,290,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed 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.