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1038 Dewey AvenueLos Angeles, CA 90006

For Sale

$2,290,000

Smart Buyer Rebate $22,900

SITUATED IN THE PRIME LOCATION HIGHLY DESIRABLE MID -WILSHIRE. BUILTED 1989. OFFERS EXCELENT CASH FLOW FULLY OCCUPIED. THIS APATMENT CONSIST OF TWO 2bed, 2bath plus DEN UNIT ON THE SECOND FLOOR AND FOUR 1bed 1bath UNIT ON THE THIRD FLOOR. THE GROUND LEVEL OFFERS EIGHT side by side PARKING SPACE. THIS APARTMENT ATTRACTS STRONG TENANTS DEMAND GIVEN ITS CLOSE PROXIMITY TO DOWNTOWN LA,USC and MAJOR EMPLOYMENT CENTERS, THE LOCATION ALSO OFFERS EXCELENT CONECTIVITY VIA THE 10 FREEWAY AND 110 FREEWAY AND MULTIFUL METRO BUS AND RAIL LINES, PROVIDING CONVENIENT ACCES THROUGHOUT THE CITY. THIS APARTMENT IS FULLY OCCUPIRD BY RESPENSIBLE TENANTS, ENSURING STABLE CASH FLOW.

Listed by Jae Sung Choi

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License #01273921

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Ivy Realty Co.

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213-798-6569

Last updated February 07, 2026

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Source: CRMLS #26646391

Listing Facts

  • TypeMulti-family
  • NeighborhoodPico Union
  • Bedrooms8
  • Days on Prevu45
  • Size5,216 sqft
  • Price per sqft$439

Amenities

  • Parking

Location

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Listing History

01/30/2026
Listed by Ivy Realty Co.
$2,290,000

Property Details for 1038 Dewey Avenue

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1989

Measurements

  • Building Area Total: 5,216
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,908
  • Lot Size Square Feet: 5,908
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.0
  • Gross Income: $171,000.00

Taxes

  • Parcel Number: 5078013018

Interior

Features

  • Appliances: Refrigerator

Measurements

  • Living Area: 5,216

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 1038 Dewey Avenue.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1038 Dewey Avenue.

How does 1038 Dewey Avenue compare to other multi-family homes in Pico Union?

This multi-family home is listed 20% above the average price for multi-family homes in Pico Union and has been on the market for 70 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,216 sqft.

1038 Dewey Avenue is a 8-bedroom multi-family home for sale in Los Angeles CA 90006. On Prevu for 45 days at $2,290,000. This property features 5,216 square feet of living space, located in Pico Union. The median listing price for multi-family homes in this area is $1,200,000. Property amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.