Share this with your friends
(323) 864-4211
Linda Roth Burrell
1038 Dewey Ave, Los Angeles, CA 90006
- $2,130,000
- 8
- BD
- 8
- BA
- 5,216
- SqFt
- Sold Price
- $2,130,000
- List Price
- $2,200,000
- Closing Date
- Nov 21, 2025
- MLS#
- 25557051
- Year Built
- 1989
- Bedrooms
- 8
- Bathrooms
- 8
- Living Sq. Ft
- 5,216
- Lot Size
- 5,908
- Days on Market
- 72
- Property Type
- Multifamily
- Style
- Other
- Stories
- 3
Property Description
We present a prime 6-unit investment property centrally located in Koreatown, one of Los Angeles' most sought-after neighborhoods. Offering a solid 5.47% cap rate and not subject to LA City Rent Control (RSO), this building consists of two large 2bd+2ba+Den units on the second floor and four spacious 1bd+1ba units on the third floor. The ground level offers eight side-by-side parking spaces. There is a bonus outdoor area perfect for BBQ and lounging in the rear. The property is fully occupied by responsible tenants, ensuring stable cash flow. This property benefits from strong rental demand due to its proximity to Wilshire Blvd, major transit lines, trendy cafes, top-tier dining, grocery markets and shopping. This is a rare opportunity to acquire a prime, turnkey asset in one of LA's most dynamic and high-growth submarkets.
Additional Information
- Other Buildings
- None
- Heat
- Other
- Cooling
- Wall/Window
- Number of Cars in Garage
- Covered Parking, Gated, Assigned
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Courtesy of Keller Williams Realty Los Feliz, Johnny Cho - CA DRE#01394690 Selling Office: .
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).