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PendingLuxury

$1,795,000

4,564 sqft$393/sqft188 days on market

1269 S Ridgeley Drive

Los Angeles, CA 90019

· 8% down, 7% APR, 30yr fixed

8

Beds

4

Baths

4,564

Square feet

1946

Built

Listing narrative

Description

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 agent (MLS): Christopher Newell · Listing brokerage (MLS): Berkshire Hathaway HomeServices California Properties

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,795,000

Beds

8 bd

Type

House

Home Size

4,564 sqft

Baths

4

Lot Size

0.16 acres

Year

1946

Status

Pending

Days on Market

188

$ / Sqft

$393

· 8% down, 7% APR, 30yr fixed
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Courtesy of Berkshire Hathaway HomeServices California Properties