2027 S Ridgeley Drive, Los Angeles, CA 90016
- $1,995,000
- 12
- BD
- 8
- BA
- 5,838
- SqFt
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- 26876425
- Year Built
- 1957
- Bedrooms
- 12
- Bathrooms
- 8
- Living Sq. Ft
- 5,838
- Lot Size
- 9,712
- Acres
- 0.22
- Days on Market
- 19
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Appliances
- Refrigerator
- Garage Spaces Total
- 4
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Jenny Eng (jenny.eng@CBRE.com) from Listing Office: CBRE.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.