2243 S Ridgeley Dr, Los Angeles, CA 90016

Property Description

2243 S Ridgeley Drive is a turnkey 5 unit property located in the heart of the hot West Adams neighborhood of Los Angeles. The property consists of four 1+1s and one studio. All units have been completely renovated and feature private garage storage, parking, and private yards. The property is individually metered for gas and electricity, includes an on-site laundry room and a detached unpermitted unit that may later be permitted as an Accessory Dwelling Unit for additional income. At nearly 9,500 square feet, the extra large RD 1.5 zoned lot, gives the owner the option to carry out a future small lot subdivision. The property is extremely well located, central to major employment, transportation, and points of interest alike. 2243 S Ridgeley Drive is nestled between Culver City, Mid-City Los Angeles, and the burgeoning West Adams neighborhood. Additionally, it lies within a mere 10 minute walk from trendy coffee shops, shopping, and entertainment. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside!