1025 Dewey Avenue 205, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
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Los Angeles, California 90006
This contemporary 2-bedroom condominium presents a High-Potential Investment Opportunity, listed at a List Price of $570,000—positioned well above the $556,690 Fair Market Value by -2%. Built in 2006, the unit features a Condition Rating of 3, offering a modern Granite Kitchen and an open floor plan with abundant natural light. While local school ratings remain modest, the property’s central location provides excellent access to Downtown and the Westside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 Dewey Avenue 205 Subject | $570,000* List Price | 2 | 2 | 1,000 | $557 | - |
A 1036 S Serrano 105 Sold | $615,000 | 2 | 2 | 1,160 | $530 | 0.6 mi |
B 1043 S Kenmore Avenue 201 Sold | $635,000 | 2 | 2 | 1,210 | $525 | 0.1 mi |
C 3061 W 12th Place 203 Sold | $550,000 | 2 | 2 | 950 | $579 | 0.7 mi |
D 1026 S Oxford Avenue 305 Sold | $560,000 | 2 | 2 | 990 | $566 | 0.6 mi |
E 991 Arapahoe Street 508a Sold | $630,000 | 2 | 2 | 1,260 | $500 | 0.6 mi |
F 1036 S Serrano Avenue 205 Sold | $650,000 | 2 | 2 | 1,160 | $560 | 0.6 mi |
G 1037 Fedora Street 204 Active Under Contract | $559,000 List Price | 2 | 2 | 970 | $576 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with a modern-style kitchen featuring granite countertops, stainless steel appliances, and recent updates including new paint. Systems and finishes appear functional and consistent with the building's age.
Positioned as the lowest-priced two-bedroom unit in the Mid-Wilshire and Koreatown area, this property offers an exceptional entry point for investors or first-time buyers seeking immediate equity.
As a southwest-facing corner unit with high ceilings and dual-pane windows, the home benefits from consistent natural sunlight throughout the day, enhancing the sense of space.
Built in 2006, this contemporary condominium features updated paint, granite countertops, and a secured gated community, offering a more modern infrastructure than many surrounding older buildings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 930.
The majority of the assigned public schools in the immediate vicinity carry low ratings, which may impact long-term resale value for families prioritizing education.
Situated in a heavily populated area of Los Angeles, residents may experience significant neighborhood traffic and challenges with guest parking, typical of the Koreatown periphery.
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!!
No exterior & parking available.
Grades K-2 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,000 | 1,051 | 44% |
| Lot Size | 11,830 | 11,038 | 50% |
| Price | $570.0K | $622.5K | 44% |
| Price per sq ft | $570 | $592 | 35% |
| Built year | 2006 | 2013 | 26% |
| HOA | $480.0 | $455 | 56% |
| Days on market | 24 | 189 | 3% |
Jun 12, 2026
$570,000
$549,000
+4% Price Increase
Initial Listing
Jun 7, 2026
$549,000
$570,000
-4% Price Drop
Initial Listing
Jun 4, 2026
$570,000
$550,000
+4% Price Increase
Initial Listing
May 27, 2026
$550,000
$570,000
-4% Price Drop
Initial Listing
May 21, 2026
$570,000
Initial Listing
Feb 28, 2018
$529,000
Public Record
Mar 26, 2015
$447,000
Public Record