1323 S Ridgeley Drive, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1323 S Ridgeley Drive,Los Angeles, CA 90019
$2,795,000
  • 15 Beds
  • 10 Baths
  • 6,029 sq. ft.
  • Multi-family
  • Active
Listed by: chloe simon
Office: sotheby's international realty
MLS#:26658983
Source:CRMLS

Price summary

  • Price:$2,795,000
  • Price per sq. ft.:$463.59

About this home

1323 S Ridgeley Dr presents a rare opportunity to acquire a stable, income-producing asset with long-term upside potential. Affectionately nicknamed the "Cash Cow," this property offers both abundant rental income and future growth opportunities. Built in 1958, this well-maintained two-story building features five spacious 3-bedroom, 2-bathroom units. The property has been thoughtfully cared for and improved over the years, featuring upgrades to three kitchens and four bathrooms, a recently renovated balcony, a completed retrofit, and fresh exterior paint. Each unit offers generous in-unit storage, its own designated parking space, access to a shared backyard seating area, and on-site laundry facilities. All contribute to strong tenant retention and reduced vacancy rates. The outdoor area also presents potential development opportunities (buyer to verify), adding further upside to an already solid investment. Situated near popular cafes, The Grove, restaurants, and neighborhood spas....

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Home facts

  • Listing ID #:26658983
  • Added:1 day(s) ago
  • Updated:March 11, 2026 at 03:30 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:10
  • Kitchen Description:Barbecue, Dishwasher, Microwave, Refrigerator
  • Living area:6,029 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Building area:6,029 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,795,000
  • Price per sq. ft.:$463.59

Features and amenities

  • Appliances:Barbecue, Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:5
  • Parking description:Attached Carport
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