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2026 S Ridgeley

Los Angeles, CA 90016
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Bed 9

Bed

Bath 5

Bath

SqFt3,988

Sqft

SqFt5,928

Sqft(Lot)

Exceptional investment opportunity in the highly desirable Mid-City neighborhood, north of the 10 Freeway. This well-maintained quadraplex property offers four individually metered mixed units. All units are fully leased with long-term tenants, providing stable, immediate rental income and future upside potential. The property has undergone substantial capital improvements throughout, including updated flooring, drywall upgrades, newer heaters in select units, and remodeled kitchens and bathrooms in select units. All units feature newer water heaters, and the property has completed a full plumbing repipe. Additional improvements include exterior building paint and interior paint in select units. The property consists of two connected residential buildings. The front structure (Unit 1) i s a single-story home built in 1924, approximately 936 sq ft. The rear building, constructed in 1962, contains three units totaling approximately 3,052 sq ft. Unit 2 is on the ground floor, while Units 3 and 4 are located upstairs. .Unit 1 (2 Bed/1 Bath) is rented for $2,362.21/month. Unit 2 (3 Bed/1 Bath) is rented for $1,411.82/month. Unit 3 (1 Bed/1 Bath) is rented for $918.72/month. Unit 4 (3 Bed/2 Bath) is rented for $2,808.22/month. The property includes four covered parking spaces (one per unit) located in the rear, an on-site community laundry room with two washers and one dryer, and a gated, low-maintenance front yard with poured concrete. Located in one of Los Angeles' most dynamic and rapidly evolving neighborhoods, the property benefits from ongoing redevelopment and new construction throughout the area. The property is centrally located near Culver City, Beverly Hills, LACMA, the La Brea Tar Pits, and Downtown Los Angeles. This is an excellent opportunity for investors seeking a stabilized asset with proven long-term tenancy, significant capital improvements, strong in-place income, and future rental growth potential in a high-demand rental market. Showings are subject to accepted offer and interior inspection. Buyer is advised to independently verify all information, including but not limited to square footage, unit mix, permits, zoning, income, expenses, lease terms, condition, and bedroom/bathroom counts. Broker and agents make no representations or warranties regarding the accuracy of any information provided, and buyer is encouraged to conduct their own investigations with appropriate professionals. Drive-by only—please do not disturb tenants

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,999,000

AD Id : 81482849

MLS Id : SR26124123

Beds : 9

Lot Size : 5,928 Sqft

Living Area Size : 3,988

Year Built : 1924

County : Los Angeles

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Feature Features

  • Interior Features

    Appliances: Dryer, Washer
    Laundry Features: Common Area

  • Building Information

    Year Built: 1924
    Building Area Total: 3988
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5928 Lot Size Acres: 0.1361 Lot Size Source: Public Records Lot Size Square Feet: 5,928 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $1999000
    Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange

  • Tax Information

    Parcel Number: 5063018006 Tax Lot: 6

  • Location Information

    Direction: From Washington Blvd, head south on Ridgeley Dr; property is located on the east side of the street. WaterSource: Public
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Nearby Home Value

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2839 Hillcrest Drive, Los Angeles, CA, 90016 $1,375,000 8 5 3,462 3,462 SqFt
2151 S West View Street, Los Angeles, CA, 90016 $2,649,000 14 15 5,983 5,983 SqFt
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2949 S Harcourt Avenue, Los Angeles, CA, 90016 $1,299,000 6 4 --
2720 S Sycamore Avenue, Los Angeles, CA, 90016 $1,300,000 8 5 2,600 2,600 SqFt
1901 Hauser #3, Los Angeles, CA, 90016 $949,000 3 3 --

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 07/26/2026 @ 14:33

MLS: SR26124123 LISTED BY: Amel Tata, Beverly and Company 818-835-4414 SOURCE: CRMLS

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