1269 S Ridgeley Drive, Los Angeles, CA 90019
List Price: $1.79M
Listing Status: Active
0Days on Market: 0
8 Bedrooms · 4 Bathrooms · 4,564 sq ft
Property Type: ResidentialIncome
Year Built: 1946
Lot Size: 6,780 sq ft
Garage Spaces: 2
MLS Number: 26829339
About This Property
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.
Listing provided by: Christopher Newell DRE #02098665 310-207-7080 ChrisNewell@BHHSCal.com, Berkshire Hathaway HomeServices California Properties
Source: CRMLS, MLS #: 26829339
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