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… Read More 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. Read Less
Courtesy of Berkshire Hathaway HomeServices California Propert 310-207-7080
Listing Snapshot
Days Online
6
Last Updated
Property Type
Other
Beds
8
Square Ft.
4,564
Lot Size
0.16 Acres
Year Built
1946
MLS Number
26829339
30 Days Snapshot Of 90019
$1.35M
-20%
(avg) sold price
10
+100%
homes sold
75
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Ceiling Fan, Microwave, Range/Oven, Refrigerator
Building
4,564 sq ft, Built in 1946, Levels: Two, Attached
Cooling
Window Unit(s)
Disclosures
None
Floors
Hardwood
Garage
2 total garage spaces, None
Water Features
Water: Water District, Public
Heating
Wall
Laundry
Community
Lot
LotAcreage: 0.1556, LotSizeArea: 6,780, City
Parking
CoveredParking: 2, TotalParking: 2
Property
NumberOfUnits: 4, Zoning: LAR2
Sewer
In Street
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