1269 S Ridgeley Drive, Los Angeles, CA 90019
- $1,795,000
- 8
- BD
- 4
- BA
- 4,564
- SqFt
Listing courtesy of Listing Agent: Christopher Newell (ChrisNewell@BHHSCal.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.
- List Price
- $1,795,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 130
- MLS#
- 26829339
- Subtype
- Residential Income
- Year Built
- 1946
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 4,564
- Lot Size
- 6,780
- Acres
- 0.16
- MLS Area Major
- Beverly Center-Miracle Mile (C19)
Property Description
Located on a quiet, tree-lined street just South of San Vicente Blvd, 1269 S Ridgeley Dr. is a well-located 4-unit multifamily asset in one of Los Angeles' most central and connected neighborhoods. Built in 1946, the property consists of Four 2-bed/1-bath units, each unit exceeding 1,100 square feet. Moments from Miracle Mile, Museum Row, The Grove, and other Iconic Los Angeles destinations. The surrounding area continues to benefit from significant nearby investment, including new medical, multifamily, retail, and mixed-use development that further supports long-term rental demand and neighborhood value. The large double garage at the rear of the property will be delivered vacant and presents a clear ADU conversion opportunity. Along with updated ADU laws and density incentives the new owner has the opportunity to increase unit count, improve income, and reposition the asset over time. With its central location, oversized units, neighborhood feel, and proximity to major healthcare, cultural, retail, and residential investment, 1269 S Ridgeley Dr. offers a compelling opportunity for investors seeking stability with meaningful upside.
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Additional Information
- Interior Features
- Ceiling Fan(s)
- Zoning
- LAR2
- Flooring
- Wood
- Appliances
- Microwave, Refrigerator
- Heating
- Wall Furnace
- Stories
- Two Levels
- Levels
- Two
- Parking Features
- None
- Garage Spaces
- 2
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.