1323 S Ridgeley Drive, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1323 S Ridgeley Drive

Los Angeles, CA 90019
15 Beds
10 Baths
6,029 Sq Ft
$2,795,000

Property Overview

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.

Home Details

Property type
Residential Income
Living area
6,029 sq ft
Lot size
6,618 sq ft
Parking
5 spaces
Days on market
8
MLS status
Active

Location & Neighborhood

1323 S Ridgeley Drive

Los Angeles, CA 90019

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Frequently Asked Questions About 1323 S Ridgeley Drive

Property type: Residential Income

The current asking price is $2,795,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1323 S Ridgeley Drive. Our team will confirm availability and timing.
This 15 bedrooms and 10 bathrooms property offers approximately 6,029 square feet of living space. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Chloe Simon
MLS ID: CLW-C142754

Available property

$2,795,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.