1323 S Ridgeley Drive, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:ERA Excel Realty
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 realty310-724-7000
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:151 day(s) ago
  • Updated:August 08, 2026 at 01:24 PM

Rooms and interior

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

Heating and cooling

  • Heating:Central Furnace

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, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:5
  • Parking description:Attached Carport
Based on information from California Regional Multiple Listing Service, Inc. as of August 9, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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