1269 S Ridgeley Dr, Los Angeles, CA 90019
1269 S Ridgeley Dr, Los Angeles, CA 90019
1269 S Ridgeley Dr, Los Angeles, CA 90019
11
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$1,795,000
Est. payment /mo
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8 Beds
4 Baths
4,564 SqFt
New

1269 S Ridgeley Dr Los Angeles, CA 90019

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,564 sqft

Price per Sqft $393

MLS Listing ID 26829339

Bedrooms 8

Year Built 1946

Lot Size 6,780 Sqft

Acres 0.1556

Property Sub-Type Multi-Family

Property Description

Located on a quiet, tree-lined street just South of San Vicente Blvd, 1269 S Ridgeley Dr. is a well-located 4-unit multifamily asset in one of Los Angeles' most central and connected neighborhoods. Built in 1946, the property consists of Four 2-bed/1-bath units, each unit exceeding 1,100 square feet. Moments from Miracle Mile, Museum Row, The Grove, and other Iconic Los Angeles destinations. The surrounding area continues to benefit from significant nearby investment, including new medical, multifamily, retail, and mixed-use development that further supports long-term rental demand and neighborhood value. The large double garage at the rear of the property will be delivered vacant and presents a clear ADU conversion opportunity. Along with updated ADU laws and density incentives the new owner has the opportunity to increase unit count, improve income, and reposition the asset over time. With its central location, oversized units, neighborhood feel, and proximity to major healthcare, cultural, retail, and residential investment, 1269 S Ridgeley Dr. offers a compelling opportunity for investors seeking stability with meaningful upside.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Flooring Hardwood

Equipment Ceiling Fan, Microwave, Range/Oven, Refrigerator

Laundry Community

Exterior

Parking Features None

Garage Spaces 2.0

Building

Story 2

Sewer In Street

Water Water District, Public

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert

NEARBY SCHOOL & BUSINESS

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Herman Singh

Herman Singh

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+1(718) 679-7822

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1269 S Ridgeley Dr