1269 S Ridgeley DR, Los Angeles, CA 90019
1269 S Ridgeley DR, Los Angeles, CA 90019
1269 S Ridgeley DR, Los Angeles, CA 90019
1269 S Ridgeley DR, Los Angeles, CA 90019
1269 S Ridgeley DR, Los Angeles, CA 90019
1269 S Ridgeley DR, Los Angeles, CA 90019
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$ 1,795,000
Est. payment | /mo

8 Beds

4 Baths

4,564 SqFt


Save
$ 1,795,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,564 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,564 sqft

Price per Sqft $393

MLS Listing ID 26829339

Bedrooms 8

HOA Y/N No

Year Built 1946

Lot Size 6,777 Sqft

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 C19 - Beverly Center-Miracle Mile

Zoning LAR2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features None

Garage Spaces 2.0

Garage Description 2.0

Total Parking Spaces 2

Building

Story 2

Entry Level Two

Sewer Other

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5085017022

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Christopher Newell Berkshire Hathaway HomeServices California Properties #02098665

Nearby Locations

Ashlea Boyer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 709-0711

exec@pismohomes.com

350 James Way, Pismo Beach, California, 93449, USA

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