2325 S Ridgeley Drive, Los Angeles, CA 90016

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2325 S Ridgeley Drive,Los Angeles, CA 90016
$1,200,000
  • - Beds
  • - Baths
  • 7,152 sq. ft.
  • Multi-family
  • Active
Listed by:meir frydman
Office:keller williams los angeles
MLS#:25612597
Source:CRMLS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$167.79

About this home

The property for sale is a 8-unit apartment complex located at 2325 S Ridgeley Dr, Los Angeles CA 90016. The 7,152 square foot two story apartment was built in 1965 and is situated over a 9,500 square foot lot & is zoned LARD1.5. The eight-unit apartment consists entirely of 2 bedroom / 1 bathroom units. There are 7 on-site parking spots located at the back of the property. The property has approximately 42% remaining rental upside through unit renovations. A savvy investor can also take advantage of higher potential rents by renting to Section 8 tenants which pay higher than current market rents for Mid-City 90019 zip code. The Housing Authority of the City of Los Angeles (HACLA) voucher payment standards pays up to $2,887for 2 bedroom units. There are multiple developments that are currently underway in Mid-City and in planning stages. Mid-City is centrally located, offering unparalleled convenience in one of LA's most desirable areas. The property is near a number of restaurants,

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Home facts

  • Year built:1965
  • Listing ID #:25612597
  • Added:3 day(s) ago
  • Updated:November 01, 2025 at 01:22 PM

Rooms and interior

  • Living area:7,152 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Year built:1965
  • Building area:7,152 sq. ft.
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$167.79
Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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