1038 Dewey Avenue, Los Angeles

$2,200,000

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10 Beds
8 Baths
.14 Acre
8 Garages

This is a 6-unit property located in the heart of LA's Koreatown. It is situated between Vermont and Western Avenues, right in the center of

Olympic Boulevard. There are 2 units on the second floor, each with 3 bedrooms and 2 bathrooms, and both have two separate entrances. On the

third floor, there are 4 one-bedroom units. The property has been recently upgraded and is currently renting at a rate below the market average,

ensuring the potential for higher income in the future. There is no rent control in place

Essential Information

MLS® #
PW24091545
Price
$2,200,000
Bedrooms
10
Bathrooms
8.00
Acres
0.14
Year Built
1989
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
1038 Dewey Avenue
Area
KREA - Koreatown
City
Los Angeles
County
Los Angeles
Zip Code
90006
Community Features
Street Lights
Senior Community
N

Amenities

Parking Spaces
8
# of Garages
8
Pool
None

Interior

# of Stories
3

Exterior

Lot Description
6-10 Units/Acre

Additional Information

Date Listed
May 6th, 2024
Days on Market
13
Zoning
LAR4

Listing Details

Agent
Anna Jung
Office
Redpoint Realty

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Anna Jung - Redpoint Realty

Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 1:55am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.