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$ 1,795,000
Est. payment | /mo
8 Beds
4,564 SqFt
$ 1,795,000
Est. payment | /mo
8 Beds
4,564 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,564 sqft
Price per Sqft $393
MLS Listing ID CL26829339
Bedrooms 8
HOA Y/N No
Year Built 1946
Lot Size 6,780 Sqft
Acres 0.16
Property Sub-Type OTHER
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.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 5085017022
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Listed by Christopher Newell • Berkshire Hathaway HomeServices California Properties
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