2027 S Ridgeley Drive, Los Angeles, CA 90016
Local realty services provided by:ERA Excel Realty
2027 S Ridgeley Drive,Los Angeles, CA 90016
$1,949,000
- 12 Beds
- 8 Baths
- 5,838 sq. ft.
- Multi-family
- Active
Listed by: jenny eng
Office: cbre213-613-3176
MLS#:26876425
Source:CRMLS
Price summary
- Price:$1,949,000
- Price per sq. ft.:$333.85
About this home
2027 S Ridgeley Dr is a multifamily property constructed in 1957 on a 9,712 square foot lot, with a total building size of 5,838 square feet. The property features a favorable, balanced unit mix of 4 two-bedroom/ one-bathroom units and 4 one-bedroom/one-bathroom units, along with laundry facilities and 8 on site parking spaces, a meaningful amenity in a submarket where on-site laundry and off-street parking is limited. The property currently will have only one vacancy effective October 1, 2026, providing a buyer with immediate, stabilized cash flow at close of escrow. A new owner can capitalize on this stability while positioning for long-term rent growth as natural turnover occurs in a submarket where new competitive supply remains constrained. Situated in Mid-City, 2027 S Ridgeley Dr benefits from excellent connectivity, with direct access to the I-10 Freeway and multiple nearby Metro bus stops connecting residents to Downtown Los Angeles, Culver City, and the greater Westside. The surrounding neighborhood offers convenient proximity to the retail and dining corridors along La Cienega and Pico Boulevards, adding to the property's appeal for a broad renter base....
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Home facts
- Year built:1957
- Listing ID #:26876425
- Added:63 day(s) ago
- Updated:October 27, 2026 at 12:53 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Kitchen Description:Refrigerator
- Living area:5,838 sq. ft.
Structure and exterior
- Year built:1957
- Building area:5,838 sq. ft.
- Lot area:0.22 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,949,000
- Price per sq. ft.:$333.85
Parking
- Total parking spaces:8
- Parking description:Covered
- Garage:Yes
- Garage spaces:4
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