1025 Dewey Avenue 205, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
ACTIVE$599,000
1025 Dewey Avenue 205, Los Angeles, California 90006
2Beds
2Baths
1,000Sqft
11,830Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: Currently tenant-occupied with a stated monthly rent of $2,800, offering immediate income for investors.
Top Cons:
Tenant Occupancy: The property is currently tenant-occupied, which may pose challenges for owner-occupant buyers regarding move-in timelines and showing availability.
Compared to the nearby listings
Price:$599.0K vs avg $600.0K ($-1,000)49%
Size:1,000 sqft vs avg 1,000 sqft50%
Price/sqft:$599 vs avg $60449%
More Insights
Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old, fitting the 'Good' category's age criteria. The listing mentions 'New paint/ceiling and walls,' indicating recent upkeep. The kitchen features modern-style cabinets, granite countertops, and stainless steel appliances that appear well-maintained and functional. The bathroom also has a granite-topped vanity and tiled floors, with standard but clean fixtures. Hardwood and laminate flooring throughout, along with modern light fixtures and dual-pane windows, contribute to a move-in ready condition with no immediate renovations required. While not 'Excellent' due to not being newly built or extensively renovated within the last 5 years, it is well-maintained and contemporary.
Year Built
2006
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$599
HOA
$480
Days on market
-
Sold On
-
MLS number
25608349
Home ConditionGood
Features
Good View: Peek-A-Boo
ViewPeek-A-Boo
About this home
CURRENTLY, TENANT OCCUPIED. GREAT INVESTMENT OPPORTUNITY!! Current Rent Per month: $2,800.00, 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!!
Nearby schools
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.2mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.4mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.5mi
3/10
Leo Politi Elementary School
Public,•K-5•0.5mi
3/10
Los Angeles Elementary School
Public,•K-5•0.6mi
3/10
Magnolia Avenue Elementary School
Public,•K-6•0.7mi
8/10
Hoover Street Elementary School
Public,•K-5•0.7mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•1.0mi
2/10
Tenth Street Elementary School
Public,•K-5•1.3mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.4mi
5/10
Vermont Avenue Elementary School
Public,•K-5•1.5mi
4/10
Norwood Street Elementary School
Public,•K-5•1.5mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.6mi
3/10
Berendo Middle School
Public,•6-8•0.2mi
5/10
Pio Pico Middle School
Public,•6-8•1.3mi
3/10
John H. Liechty Middle School
Public,•6-8•1.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.9mi
4/10
John Adams Middle School
Public,•6-8•2.4mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.5mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.5mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.5mi
4/10
West Adams Preparatory High School
Public,•9-12•0.9mi
3/10
Belmont Senior High School
Public,•9-12•2.0mi
5/10
Foshay Learning Center
Public,•K-12•2.3mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.9mi
Price History
Date
Event
Price
02/28/18
Sold
$529,000
03/26/15
Sold
$447,000
Condition Rating
Good
Built in 2006, this property is 18 years old, fitting the 'Good' category's age criteria. The listing mentions 'New paint/ceiling and walls,' indicating recent upkeep. The kitchen features modern-style cabinets, granite countertops, and stainless steel appliances that appear well-maintained and functional. The bathroom also has a granite-topped vanity and tiled floors, with standard but clean fixtures. Hardwood and laminate flooring throughout, along with modern light fixtures and dual-pane windows, contribute to a move-in ready condition with no immediate renovations required. While not 'Excellent' due to not being newly built or extensively renovated within the last 5 years, it is well-maintained and contemporary.
Pros & Cons
Pros
Strong Investment Potential: Currently tenant-occupied with a stated monthly rent of $2,800, offering immediate income for investors.
Modern & Updated Interior: Built in 2006 with recent paint, contemporary design, open floor plan, hardwood/laminate flooring, granite countertops, crown molding, high ceilings, and dual-pane windows.
Desirable Unit Features: Bright and airy southwest-facing corner unit with a large south-facing balcony and a primary bedroom featuring a walk-in closet.
Secure & Convenient Living: Located within a gated community offering secured parking, enhancing safety and ease of access.
Excellent Central Location: Provides easy access to Downtown LA, Westside, freeways, USC, and Santa Monica, making it highly convenient for commuters and urban dwellers.
Cons
Tenant Occupancy: The property is currently tenant-occupied, which may pose challenges for owner-occupant buyers regarding move-in timelines and showing availability.
High Association Fee: A monthly association fee of $480 adds a significant recurring cost to homeownership.
Modest Square Footage: At 1000 sqft, the unit offers a compact living space, which might be a limitation for buyers seeking larger residences.