List Price: $1.09M

Listing Status: Pending

Days on Market: 11

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1928

Lot Size: 5,400 sq ft

Garage Spaces: 2

Private Pool: Yes

MLS Number: SR26060556

About This Property

Welcome to 1582 S Ridgeley Drive, a versatile duplex property offering strong rental potential and flexible living options in the heart of Los Angeles. Situated on a 5,400 sq ft lot, the property consists of a front freestanding 3-bedroom, 2-bathroom home and a separate 1-bedroom, 1-bathroom rear unit, creating an attractive opportunity for investors or owner-occupants seeking additional income. The front residence spans approximately 1,804 sq ft and blends classic Spanish character with thoughtful updates. The living room is filled with natural light from beautiful arched windows, while a charming breakfast nook with matching arches provides a warm and inviting dining space. A later addition created a spacious primary suite with separate driveway access, offering excellent flexibility for multigenerational living or potential rental separation. The front home also enjoys a welcoming brick patio in the front yard, surrounded by mature landscaping and fruit trees. A two-car garage and large driveway provide ample off-street parking. The rear unit sits above the garage and offers approximately 550 sq ft with 1 bedroom and 1 bathroom. The unit includes its own private yard, one-car garage, and separately metered gas and electricity, allowing for true independence from the main home. Currently leased for $2,000 per month, the unit provides immediate rental income. Permit street parking adds additional convenience for residents and guests. Ideally positioned with quick access to the 10 Freeway, the property is just minutes from major Los Angeles attractions including The Grove, Original Farmers Market, and LACMA, along with well-known dining destinations such as Alta Adams and Republique. A compelling opportunity to own a centrally located duplex with existing income and strong long-term upside in one of Los Angeles’ most convenient neighborhoods.

Property Photos