1323 S Ridgeley Drive
Los Angeles, CA 90019
15
Bed
0
Bath
6,029Sqft
6,618Sqft(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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 15Bathroom Information
Total Baths: 10 Full Baths: 0 Half Baths: 0 -
Interior Features
Interior Features: Ceiling Fan(s) Property Appliances: Barbecue,Dishwasher,Microwave,Refrigerator,Dryer,Washer -
Cooling Features
None Air ConditioningHeating Source
Central Has Heating
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Building Information
Building Area Total: 6,029
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1519 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6618
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Listing Price Information
Original List Price: 2,795,000 Listing Contract Date: 2026-03-10 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5085032041
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Garage and Parking
Garage Description: Attached Carport Attached Garage: YesHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C19 - Beverly Center-Miracle Mile Postal Code Plus 4: 2638 Directions: Follow map directions. Zoning: LAR2 Source Property Type: Residential Income Area: C19 - Beverly Center-Miracle Mile -
Building and Construction
Year Built Source: Vendor Enhanced Total Square Feet Living: 6029 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1117 S Manhattan Place, Los Angeles, CA, 90019 | $1,399,000 | 4 | 2 | 1,807 | 1,807 SqFt |
| 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 |
| 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 |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $1,925,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1070 S Wilton Place, Los Angeles, CA, 90019 | $2,300,000 | 4 | 2 | 3,190 | 3,190 SqFt |
| 1023 S Wilton Place, Los Angeles, CA, 90019 | $1,425,000 | 7 | 7 | 2,660 | 2,660 SqFt |
| 1220 S Wilton Place, Los Angeles, CA, 90019 | $1,765,000 | 4 | 1 | 3,382 | 3,382 SqFt |
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ByOwner last updated this listing 06/16/2026 @ 16:52
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