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Listed price in listed location currency (USD).
$2,795,000

15105

MLS® 26658983

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6029 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 
Avg. Price Per Sqft $463
MLS® Number 26658983

Property Address: 1323 S Ridgeley Drive, Los Angeles, CA, 90019

Average square foot calculated using Size range provided by listing agent.

Description

1323 S Ridgeley Dr presents a rare opportunity to acquire a stable, income-producing asset with long-term upside potential. Affectionately nicknamed the "Cash Cow, " this property offers both abundant rental income and future growth opportunities. Built in 1958, this well-maintained two-story building features five spacious 3-bedroom, 2-bathroom units. The property has been thoughtfully cared for and improved over the years, featuring upgrades to three kitchens and four bathrooms, a recently renovated balcony, a completed retrofit, and fresh exterior paint. Each unit offers generous in-unit storage, its own designated parking space, access to a shared backyard seating area, and on-site laundry facilities. All contribute to strong tenant retention and reduced vacancy rates. The outdoor area also presents potential development opportunities (buyer to verify), adding further upside to an already solid investment. Situated near popular cafes, The Grove, restaurants, and neighborhood spas. In an area that continues to see increasing desirability, this property is well-positioned for sustained demand and appreciation. An exceptional addition to any investment portfolio, especially for those who are focused on cash flow and long-term growth.
MLS® Number26658983
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 10, 2026List Date
$2,795,000List Price
  • Commute

Commute

Starting Address
Destination Address
1323 S Ridgeley Drive, Los Angeles, CA

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