Active

1323 S Ridgeley Drive

Los Angeles, CA 90019
Mark as Favorite
Bed 15

Bed

Bath 0

Bath

SqFt6,029

Sqft

SqFt6,618

Sqft(Lot)

1323 S Ridgeley Dr presents a rare opportunity to acquire a stable, income-producing asset with long-term upside potential. Affectionately nicknamed the "Cash Cow," this property offers both abundant rental income and future growth opportunities. Built in 1958, this well-maintained two-story building features five spacious 3-bedroom, 2-bathroom units. The property has been thoughtfully cared for and improved over the years, featuring upgrades to three kitchens and four bathrooms, a recently renovated balcony, a completed retrofit, and fresh exterior paint. Each unit offers generous in-unit storage, its own designated parking space, access to a shared backyard seating area, and on-site laundry facilities. All contribute to strong tenant retention and reduced vacancy rates. The outdoor area also presents potential development opportunities (buyer to verify), adding further upside to an already solid investment. Situated near popular cafes, The Grove, restaurants, and neighborhood spas. In an area that continues to see increasing desirability, this property is well-positioned for sustained demand and appreciation. An exceptional addition to any investment portfolio, especially for those who are focused on cash flow and long-term growth.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,795,000

AD Id : 76039356

MLS Id : 26658983

Beds : 15

Lot Size : 6,618 Sqft

Living Area Size : 6,029

Year Built : --

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Total Baths: 10
  • Interior Features

    Ceiling Fan(s)
    Appliances: Barbecue, Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Cooling: None

  • Building Information

    Building Area Total: 6029
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 6618 Lot Size Acres: 0.1519 Lot Size Square Feet: 6,618

  • Listing Price Information

    Listing Price: $2795000

  • Tax Information

    Parcel Number: 5085032041

  • Parking Information

    Parking Total: 5 Attached Carport

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: Follow map directions.
Sell a home like this and save $167,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 2,133 SqFt
1254 S Manhattan, Los Angeles, CA, 90019 $1,790,000 6 3 3,024 3,024 SqFt
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,343,000 4 2 1,830 1,830 SqFt
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 4,800 SqFt
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 -- 7,360 7,360 SqFt
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,280,000 9 5 7,512 7,512 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 9,268 SqFt
1404 1/2 S Wilton Place, Los Angeles, CA, 90019 $755,000 3 2 1,273 1,273 SqFt
1406 S Wilton Place, Los Angeles, CA, 90019 $775,000 2 2 1,085 1,085 SqFt
918 5th, Los Angeles, CA, 90019 $1,375,000 3 5 1,619 1,619 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 05:16

MLS: 26658983 LISTED BY: Chloe Simon, Sotheby's International Realty 310-724-7000 SOURCE: CRMLS

Homes around $2,795,000

Selling? Save $167,201 when you sell a home like this

Tour with a ByOwner Agent