1323 S Ridgeley Dr, Los Angeles, CA 90019
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1323 S Ridgeley Dr, Los Angeles, CA 90019
1323 S Ridgeley Dr, Los Angeles, CA 90019
1323 S Ridgeley Dr, Los Angeles, CA 90019
1323 S Ridgeley Dr, Los Angeles, CA 90019
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Andrei Rafols

Andrei Rafols

+1(310) 651-1906
$ 2,795,000
Est. payment /mo
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Active

1323 S Ridgeley Dr Los Angeles, CA 90019

15 Beds

10 Baths

6,029 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,029 sqft

Price per Sqft $463

MLS Listing ID 26658983

Bedrooms 15

Lot Size 6,618 Sqft

Acres 0.1519

Property Sub-Type Multi-Family

Property Description

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. In an area that continues to see increasing desirability, this property is well-positioned for sustained demand and appreciation. An exceptional addition to any investment portfolio, especially for those who are focused on cash flow and long-term growth.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Central

Cooling None

Equipment Freezer, Microwave, Range/Oven, Refrigerator, Washer, Ceiling Fan, Dishwasher, Dryer, Barbeque

Exterior

Parking Features Carport Attached

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Sotheby's International Realty
Andrei Rafols

Andrei Rafols

Agent | License ID: 02014153

+1(310) 651-1906

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