1025 Dewey Avenue 205, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
1025 Dewey Avenue 205
Los Angeles, California 90006
Property Price
SUMMARY
Analysis of 1025 Dewey Avenue 205, Los Angeles, California 90006 is currently available with a list price of $550,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is move-in ready and fits the criteria for a 'good' rating as it is within the 20-year age range. The unit features recent cosmetic improvements including new paint on the walls and ceilings. The kitchen and bathrooms, while reflecting their original 2006 contemporary design, are well-maintained with granite countertops and functional stainless steel appliances. The hardwood and laminate flooring appear to be in good condition, and the overall presentation suggests consistent upkeep with no immediate major repairs or renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Positioned as the lowest-priced entry in the Mid-Wilshire and Koreatown area with a recent price reduction, this property represents a high-yield investment opportunity or an affordable entry for first-time buyers.
- Modern Corner Unit Design
Built in 2006, this southwest-facing corner unit features high ceilings, dual-pane windows, and a large south-facing balcony, providing significantly more natural light and privacy than standard interior units.
- Prime Central Connectivity
The property offers strategic access to Downtown Los Angeles, USC, and the Westside, situated in a lower-traffic pocket of a high-demand urban core near major freeway interchanges.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The majority of the assigned public schools for this address carry low performance ratings (averaging 3/10), which may limit the property's appeal to families prioritizing education.
- High Monthly Carrying Costs
The $480 monthly association fee is relatively high for a 1,000-square-foot unit, which could impact the overall affordability and debt-to-income ratio for potential financing.
About 1025 Dewey Avenue 205
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
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.4 mi
Hobart Boulevard Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 53% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,000 | 870 | 58% |
| Lot Size | 11,830 | 9,726.5 | 55% |
| Price | $550.0K | $539.0K | 50% |
| Price per sq ft | $550 | $609 | 29% |
| Built year | 2006 | 2018 | 21% |
| HOA | $480.0 | $442 | 74% |
| Days on market | 15 | 193 | 3% |
Pricing History
Listed for Sale
Feb 19, 2026
$550,000
Initial Listing
Sold
Feb 28, 2018
$529,000
Public Record
Sold
Mar 26, 2015
$447,000
Public Record