1932 Dewey St

Attention investors and developers! Two adjacent lots — 1928 & 1932 Dewey St — sold together for $800,000, totaling 10,836 sq.ft. Zoned PS-1, with potential to build 15–18 residential units across four stories with ground-floor parking (per architect). Currently improved with a duplex generating steady rental income — front unit 2BD/2BA leased at $2,000/month, rear unit 1BD/1BA under long-term lease. Ideal to hold and collect income while planning your next multifamily project. Prime Hollywood location near Downtown, cafés, and just 2 miles from the beach. Seller open to JV or full sale.