NOT LISTED FOR SALE

962 Dewey Ave Los Angeles, CA 90006

Koreatown Neighborhood

Estimated Value: $1,422,000 - $1,703,353

4 Beds
2 Baths
2,898 Sq Ft
$542/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2017

Last sale price $1,200,000 $414 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,645 / mo

39 Days on Market

About This Home

As of September 2017

***LOCATION*** CENTER OF KOREA TOWN. TWO SEPARATE BUILDING. R4 ZONE. IT COULD BE DELIVERED BOTH UNITS WITH VACANT CONDITION. THE OWNER IS USING FRONT UNIT.

Last Agent to Sell the Property

Joon Jung

Bee Investment, Inc. License #01292015 Listed on: 07/07/2017

Last Buyer's Agent

Jennifer Oh

Mega Realty License #01951084

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 5,890

Parking

  • 6 Parking Spaces

Home Design

  • 2,898 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Additional Features

  • 5,890 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5078-006-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

5,890 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2898
  • Probate: No
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 448.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 6

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 66678
  • Assessed Land Value: 184450
  • Assessor Parcel Number: 5078-006-020
  • Geocode Override: No
  • Lot Size Area: 5890

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.00
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
Chung Janice Y
Bought by
Janice Chung Family Living Trust and Chung
Current Estimated Value
$1,570,088

Purchase Details

Listed on
Jul 7, 2017
Closed on
Sep 15, 2017
Sold by
Kwon Young Jin
Bought by
Chung Janice Y
Seller's Agent
Joon Jung
Bee Investment, Inc.
Buyer's Agent
Jennifer Oh
Mega Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 31, 2017
Sold by
Jo Bongjoo
Bought by
Kim Young Kie
Seller's Agent
Joon Jung
Bee Investment, Inc.
Buyer's Agent
Jennifer Oh
Mega Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 28, 2017
Sold by
Kim Young Kie
Bought by
Chung Janice Y
Seller's Agent
Joon Jung
Bee Investment, Inc.
Buyer's Agent
Jennifer Oh
Mega Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Kim Jong O
Bought by
Kim Young Kie

Purchase Details

Closed on
Sep 14, 2004
Sold by
Kim Jong O
Bought by
Kim Jong O and Kim Yuong Kie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2002
Sold by
Kim Jong Ok
Bought by
Kim Jong O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.52%

Purchase Details

Closed on
May 23, 1995
Sold by
Chyu Immanuel and Choi Kyung Woon
Bought by
Kim Jong Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
8.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Janice Chung Family Living Trust -- --
Chung Janice Y -- Provident Title
Kim Young Kie -- Provident Title
Chung Janice Y $1,200,000 Provident Title
Kim Young Kie -- Title Co
Kim Jong O -- Commonwealth Land Title Co
Kim Jong O -- Chicago Title
Kim Jong Ok $177,000 Old Republic Title Company
Kim Jong Ok -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jong O $284,000
Previous Owner Kim Jong O $216,000
Previous Owner Kim Jong Ok $141,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $1,200,000 -7.6% $414 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $1,299,000 -- $448 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,520 $1,365,389 $955,773 $409,616
2024 $16,520 $1,338,618 $937,033 $401,585
2023 $16,205 $1,312,371 $918,660 $393,711
2022 $15,458 $1,286,640 $900,648 $385,992
2021 $15,261 $1,261,413 $882,989 $378,424
2020 $15,417 $1,248,480 $873,936 $374,544
2019 $14,807 $1,224,000 $856,800 $367,200
2018 $14,658 $1,200,000 $840,000 $360,000
2017 $3,278 $256,150 $188,139 $68,011
2016 $3,172 $251,128 $184,450 $66,678
2015 $3,127 $247,357 $181,680 $65,677
2014 $3,150 $242,513 $178,122 $64,391
Source: Public Records

Agents Affiliated with this Home

  • Joon Jung

    Seller's Agent in 2017

    Joon Jung

    Bee Investment, Inc.

    (213) 380-9996

    1 in this area

    13 Total Sales

    Joon Jung
    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Oh

    RE/MAX

    Section Image
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Map

Source: The MLS

MLS Number: 17-248960

The MLS

APN: 5078-006-020

California Los Angeles County Los Angeles 90006 Koreatown

962 Dewey Ave, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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