1025 Dewey Avenue 205, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
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1025 Dewey Avenue 205
Los Angeles, California 90006
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,000Sq Ft
11,830Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$555,000
SUMMARY
This Contemporary 2-Bedroom Condominium is a Strong Value Opportunity, listed at $549,000—positioned well below the $555,000 Fair Market Value by 1%. This valuation gap offers $6,000 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, Hardwood Flooring, and a South-Facing Balcony. While local school ratings are modest, the property’s central location and move-in-ready status make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the Mid-Wilshire market.
Estimated Market Value
$555,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 Dewey Avenue 205 Subject | $549,000* List Price | 2 | 2 | 1,000 | $555 | - |
A 1037 Fedora Street 204 Sold | $535,000 | 2 | 2 | 970 | $552 | 0.1 mi |
B 3061 W 12th Place 308 Sold | $550,000 | 2 | 2 | 980 | $561 | 0.7 mi |
C 1036 S Serrano 105 Sold | $615,000 | 2 | 2 | 1,160 | $530 | 0.6 mi |
D 991 Arapahoe Street 308a Sold | $620,000 | 2 | 2 | 1,260 | $492 | 0.6 mi |
E 3061 W 12th Place 203 Sold | $550,000 | 2 | 2 | 950 | $579 | 0.7 mi |
F 1043 S Kenmore Avenue 201 Sold | $635,000 | 2 | 2 | 1,210 | $525 | 0.1 mi |
G 991 Arapahoe Street 508a Sold | $630,000 | 2 | 2 | 1,260 | $500 | 0.6 mi |
H 3400 San Marino Street M Sold | $705,000 | 2 | 2 | 1,176 | $599 | 0.6 mi |
I 1128 S Serrano Avenue 104 Active | $549,000 List Price | 2 | 2 | 930 | $590 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (20 years old), the property is well-maintained and move-in ready. It features recent cosmetic updates including new paint and decorative wall paneling. The kitchen and bathrooms, while likely original to the 2006 construction, feature contemporary granite countertops and are in functional, clean condition.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Value
Positioned as the lowest-priced unit in the Mid-Wilshire/Koreatown area with a recent price reduction, offering an excellent entry point for first-time buyers or investors.
- Optimal Corner Positioning
The southwest corner orientation, paired with high ceilings and dual-pane windows, ensures the unit is exceptionally bright, airy, and benefits from natural cross-breezes.
- Modern Construction & Upgrades
Built in 2006 and recently refreshed with new primary bedroom wall paneling, kitchen accent lighting, and fresh paint, the property offers a contemporary move-in-ready aesthetic.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The majority of the assigned public schools for this address carry low ratings (3/10), which may be a significant drawback for families prioritizing educational quality.
- Limited View Appeal
Despite the corner location and balcony, the property only offers a 'peek-a-boo' view, which may not satisfy buyers looking for expansive city or neighborhood vistas.
About 1025 Dewey Avenue 205
COME AND CHECK IT OUT!! NEW UPGRADED PRIMARY BEDROOM WITH NEW FANCY WALL PANELING!! NEW UPDATED KITCHEN COUNTER WALL PANELING WITH ACCENT LIGHTS!! SOUTH WEST CORNER UNIT - NATURAL BREEZE, WELL LIT & WELL GROUNDED UNIT. PRICE DROPPED FOR QUICK SALE. LOWEST PRICE IN MID-WILSHIRE, KOREA-TOWN. CURRENTLY. GREAT INVESTMENT OPPORTUNITY!! New paint/ceiling and walls. NEWLY BUILT-IN 2006. CONTEMPORARY 2 BEDROOM & 2 FULL BATHROOM, BRIGHT & AIRY SOUTHWEST FACING CORNER UNIT!! SOUTH-FACING LARGE BALCONY. OPEN FLOOR PLAN WITH HARDWOOD FLOORING & LAMINATE FLOORING IN THE BEDROOMS. MODERN-STYLE KITCHEN WITH GRANITE COUNTERTOPS. CROWN MOLDING. HIGH CEILING. DUAL PANE WINDOWS PROVIDE PLENTIFUL NATURAL LIGHTS SHINE ALL DAY LONG!! PRIMARY BEDROOM WITH WALK-IN CLOSET. GATED COMMUNITY WITH SECURED PARKING. LOCATION IS EASY ACCESS TO DOWNTOWN, OLYMPIC TO WESTSIDE. LESS TRAFFIC AREA, CLOSE TO FREEWAYS, DOWNTOWN, USC, & SANTA MONICA. CONVENIENTLY LOCATED TO EVERYTHING!! THIS WON'T LAST!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 11,830 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $480.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mariposa-Nabi Primary Center
Grades K-2 • 0.2 mi
0/10
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.4 mi
3/10
Hobart Boulevard Elementary School
Grades K-5 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,000 | 1,219.385 |
| Lot Size | 11,830 | 27,236.074 |
| Price | $549.0K | $800.2K |
| Price per sq ft | $549 | $650 |
| Built year | 2006 | 1979 |
| HOA | $480.0 | $685 |
| Days on market | 19 | 72 |
Pricing History
Listed for Sale
Sep 2, 2026
$549,000
$539,000
+2% Price Increase
Initial Listing
Price Change
Sep 1, 2026
$539,000
$549,000
-2% Price Drop
Initial Listing
Price Change
Aug 25, 2026
$549,000
$555,000
-1% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$555,000
Initial Listing
Sold
Feb 28, 2018
$529,000
Public Record