1364 S Ridgeley
Property Overview
NEW PRICE — $1,399,000! SELLER IS MOTIVATED! LIVE IN ONE AND RENT THE OTHER! A unique opportunity to enjoy your own home while generating potential rental income from the separate ADU to help OFFSET YOUR MONTHLY MORTGAGE PAYMENT AND OWNERSHIP COSTS! Seller may also consider helping with BUYER'S CLOSING COSTS and/or an INTEREST RATE BUYDOWN with an acceptable offer. Ask about available financing options! A rare opportunity in the heart of MID-CITY / MIRACLE MILE offering TWO SEPARATE LIVING SPACES — a beautifully remodeled 2-bedroom, 3-bathroom main residence PLUS a BRAND-NEW, FULLY PERMITTED 1-bedroom, 1-bathroom ADU — a total of 3 BEDROOMS + 4 BATHROOMS! The beautifully remodeled MAIN RESIDENCE features TWO EN-SUITE BEDROOMS, each with its own private bathroom, PLUS a separate guest bathroom. Designer finishes, a modern kitchen with high-end appliances, inside laundry, walk-in closet, updated systems, and a turnkey interior make this home truly move-in ready. The NEWLY CONSTRUCTED ADU offers tremendous flexibility with its own PRIVATE ENTRANCE, PRIVATE YARD, FULL KITCHEN, FULL BATH, LAUNDRY, PARKING, and security features. Live in the main residence and potentially rent the ADU, or choose the arrangement that works best for you. It's also ideal for extended family, guests, a private home office, or other permitted uses. For an owner-user, the separate ADU creates the potential for MONTHLY RENTAL INCOME THAT MAY SIGNIFICANTLY OFFSET HOUSING EXPENSES, while still allowing you to enjoy the privacy of the main residence. For an investor or multigenerational household, the property's two independent living spaces provide exceptional flexibility. Located NORTH OF PICO BLVD in a highly central Los Angeles location convenient to restaurants, grocery stores, houses of worship, LACMA, The Grove, Metro access, and everything the Mid-Wilshire/Miracle Mile area has to offer. LIVE IN ONE. RENT THE OTHER. TWO RESIDENCES. 3 BEDROOMS. 4 BATHROOMS. BRAND-NEW PERMITTED ADU. NOW $1,425,000! Don't miss this opportunity!
Home Details
- Property type
- Residential Income - Single Family Residence
- Year built
- 1906
- Lot size
- 6,034 sq ft
- Days on market
- 122
- MLS status
- Active
Features & Amenities
Interior
- All Bedrooms Down
Pool
- None
Lot
- Back Yard
- Front Yard
Community, Schools & Utilities
Community
- Association
- 0
- New construction
- Yes
- View
- Neighborhood
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1364 S Ridgeley
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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