2325 S Ridgeley Drive
Los Angeles, CA 90016
16
Bed
8
Bath
7,152Sqft
9,500Sqft(Lot)
Price Reduction! Large 7,152 SF 8-Unit value-add building cash flowing at a Current 4.25% Cap Rate with a whopping 100% upside to a 10.6% Cap on Proforma! Attractively priced at only 234k/unit for entirely 2-bedroom units and only $262/SF. Large 9,500 SF lot with plans to add 8 detached ADUs to achieve an incredible 12.8% Current Cap Rate, 19% Proforma Cap, 161k/unit, and only $258/SF after taking into account all the construction costs (~715k assuming $250/SF). The exterior of the property has undergone detailed renovations and features on-site parking as well as an updated laundry room. Electricity and gas are individually metered which minimizes operating expenses. Prime Mid-City location just minutes away from Beverly Hills, Culver City, West Adams, as well as many hip neighborhood att
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 8 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
-
Building Information
Year Built: 1965Building Area Total: 7152Stories: 2Private Pool: No
-
Lot Information
Main Square Feet: 9500 Lot Size Acres: 0.2181 Lot Size Square Feet: 9,500
-
Listing Price Information
Listing Price: $1875000Original Price: $1950000
-
Tax Information
Parcel Number: 5063023008
-
Virtual Tour
Parking Information
Gated
-
Location Information
Direction: From Washington, Turn South onto Ridgeley.
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.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2129 Crenshaw Boulevard, Los Angeles, CA, 90016 | $2,225,000 | 16 | 21 | 9,520 | 9,520 SqFt |
| 2241 Crenshaw Boulevard, Los Angeles, CA, 90016 | $2,150,000 | 9 | 8 | 4,720 | 4,720 SqFt |
| 2136 S Victoria Avenue, Los Angeles, CA, 90016 | $1,300,000 | 5 | 3 | 2,636 | 2,636 SqFt |
| 2413 S Victoria, Los Angeles, CA, 90016 | $998,900 | 3 | 2 | 1,385 | 1,385 SqFt |
| 4530 W Washington Boule.., Los Angeles, CA, 90016 | $1,379,000 | 6 | 4 | 2,454 | 2,454 SqFt |
| 3809 38111/2 W 30th Str.., Los Angeles, CA, 90016 | $1,180,000 | 6 | 4 | 5,213 | 5,213 SqFt |
| 2847 S Victoria, Los Angeles, CA, 90016 | $2,995,000 | -- | -- | 5,947 | 5,947 SqFt |
| 2050 Claudina Avenue, Los Angeles, CA, 90016 | $749,995 | 2 | 2 | 862 | 862 SqFt |
| 2636 Virginia Road, Los Angeles, CA, 90016 | $3,250,000 | 16 | -- | 6,936 | 6,936 SqFt |
| 4014 W 30th Street, Los Angeles, CA, 90016 | $799,999 | 2 | 1 | 908 | 908 SqFt |
Similar Homes To 2325 S Ridgeley Drive
Nearby For Sale
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 08/20/2026 @ 19:53
More Cities with for Sale by Owner Homes
- Los Angeles Homes For Sale By Owner
- Huntington Park Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- South Gate Homes For Sale By Owner
- Bell Gardens Homes For Sale By Owner
- Lynwood Homes For Sale By Owner
- Bell Homes For Sale By Owner
- East Los Angeles Homes For Sale By Owner
- View Park Homes For Sale By Owner
- Inglewood Homes For Sale By Owner
- Commerce Homes For Sale By Owner
- City Terrace Homes For Sale By Owner
- Gardena Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Monterey Park Homes For Sale By Owner
- Downey Homes For Sale By Owner
- Montebello Homes For Sale By Owner
- El Sereno Homes For Sale By Owner
- Lawndale Homes For Sale By Owner
Homes around $1,875,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.