2026 S Ridgeley, Los Angeles, CA 90016
Local realty services provided by:CENTURY 21 Allstars
2026 S Ridgeley,Los Angeles, CA 90016
$1,999,000
- - Beds
- - Baths
- 3,988 sq. ft.
- Multi-family
- Active
Listed by: amel tata
Office: beverly and company818-835-4414
MLS#:SR26124123
Source:CRMLS
Price summary
- Price:$1,999,000
- Price per sq. ft.:$501.25
About this home
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) is 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...
Contact an agent
Home facts
- Year built:1924
- Listing ID #:SR26124123
- Added:53 day(s) ago
- Updated:July 31, 2026 at 11:07 AM
Rooms and interior
- Living area:3,988 sq. ft.
Structure and exterior
- Year built:1924
- Building area:3,988 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Rectangular Lot
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,999,000
- Price per sq. ft.:$501.25
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Covered, Driveway, Paved
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