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2027 South Ridgeley Drive

Los Angeles CA 90016

12
8
8
5838 sq. ft.
9712 sq. ft.
Other
Currently for sale - view listing

Overview

CBRE is proud to exclusively present 2027 S Ridgeley Dr in the Mid-City submarket of Los Angeles. 2027 S Ridgeley Dr is a multifamily property constructed in 1957 on a 9,712 square foot lot, with a total building size of 5,838 square feet. The property features a favorable, balanced unit mix of 4 two-bedroom/ one-bathroom units and 4 one-bedroom/one-bathroom units, along with laundry facilities and 8 on site parking spaces, a meaningful amenity in a submarket where on-site laundry and off-street parking is limited. The property currently will have only one vacancy effective October 1, 2026, providing a buyer with immediate, stabilized cash flow at close of escrow. A new owner can capitalize on this stability while positioning for long-term rent growth as natural turnover occurs in a submarket where new competitive supply remains constrained. Situated in Mid-City, 2027 S Ridgeley Dr benefits from excellent connectivity, with direct access to the I-10 Freeway and multiple nearby Metro bus stops connecting residents to Downtown Los Angeles, Culver City, and the greater Westside. The surrounding neighborhood offers convenient proximity to the retail and dining corridors along La Cienega and Pico Boulevards, adding to the property's appeal for a broad renter base.

Features

12 bedrooms
8 bathrooms
8 carspaces
4 open car spaces
4 garage spaces
5838 sq. ft. floor area
9712 sq. ft. lot size
Other

Property history for 2027 South Ridgeley Drive

2022
Sold
$1,800,000
19 Aug 2022 by Paulette Diaz, of Alta Realty Group CA

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Local market activity for 12 bedroom other properties in Los Angeles

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