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Listed by Amel Tata, DRE #02042949 • Beverly and Company
$1,999,000
Est. payment /mo
5,928 Sqft Lot
Active
2026 S Ridgeley Los Angeles, CA 90016
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26124123
Year Built 1924
Lot Size 5,928 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Exceptional investment opportunity in the highly desirable Mid-City neighborhood, north of the 10 Freeway. This well-maintained quadraplex property offers four individually metered mixed units. All units are fully leased with long-term tenants, providing stable, immediate rental income and future upside potential. The property has undergone substantial capital improvements throughout, including updated flooring, drywall upgrades, newer heaters in select units, and remodeled kitchens and bathrooms in select units. All units feature newer water heaters, and the property has completed a full plumbing repipe. Additional improvements include exterior building paint and interior paint in select units. The property consists of two connected residential buildings. The front structure (Unit 1) is a single-story home built in 1924, approximately 936 sq ft. The rear building, constructed in 1962, contains three units totaling approximately 3,052 sq ft. Unit 2 is on the ground floor, while Units 3 and 4 are located upstairs. .Unit 1 (2 Bed/1 Bath) is rented for $2,362.21/month. Unit 2 (3 Bed/1 Bath) is rented for $1,411.82/month. Unit 3 (1 Bed/1 Bath) is rented for $918.72/month. Unit 4 (3 Bed/2 Bath) is rented for $2,808.22/month. The property includes four covered parking spaces (one p
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry Laundry Area, Washer, Community Facility, Dryer
Exterior
Parking Features Covered Parking, Other
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5063018006
Special Listing Condition Not Applicable
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