1323 S Ridgeley Drive, Los Angeles, CA 90019

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1323 S Ridgeley Drive,Los Angeles, CA 90019
$2,795,000
  • 15 Beds
  • 10 Baths
  • 6,029 sq. ft.
  • Multi-family
  • Active
Listed by: chloe simon
Office: sotheby's international realty310-724-7000
MLS#:26658983
Source:CRMLS

Price summary

  • Price:$2,795,000
  • Price per sq. ft.:$463.59

About this home

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....

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:26658983
  • Added:90 day(s) ago
  • Updated:June 09, 2026 at 10:49 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:10
  • Kitchen Description:Barbecue, Dishwasher, Microwave, Refrigerator
  • Living area:6,029 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Building area:6,029 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,795,000
  • Price per sq. ft.:$463.59

Features and amenities

  • Appliances:Barbecue, Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:5
  • Parking description:Attached Carport
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Better Homes and Gardens Real Estate Oak Valley is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Oak Valley, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 1323 S Ridgeley Drive