2026 South Ridgeley Drive

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Active
$1,949,000
9 beds3,988 sqft
2026 S Ridgeley Dr, Los Angeles, CA 90016
Est: $10,857/moGet pre-approved
Multi FamilyProperty Type
0.14 acresLot Size
1924Year Built
$489/sq ftPrice per sq ft

Description

Exceptional investment opportunity in the highly desirable Mid-City neighborhood, north of the 10 Freeway. This well-maintained quadraplex property offers four individually metered mixed units. All units are fully leased with long-term tenants, providing stable, immediate rental income and future upside potential. The property has undergone substantial capital improvements throughout, including updated flooring, drywall upgrades, newer heaters in select units, and remodeled kitchens and bathrooms...Exceptional investment opportunity in the highly desirable Mid-City neighborhood, north of the 10 Freeway. This well-maintained quadraplex property offers four individually metered mixed units. All units are fully leased with long-term tenants, providing stable, immediate rental income and future upside potential. The property has undergone substantial capital improvements throughout, including updated flooring, drywall upgrades, newer heaters in select units, and remodeled kitchens and bathrooms in select units. All units feature newer water heaters, and the property has completed a full plumbing repipe. Additional improvements include exterior building paint and interior paint in select units. The property consists of two connected residential buildings. The front structure (Unit 1) is a single-story home built in 1924, approximately 936 sq ft. The rear building, constructed in 1962, contains three units totaling approximately 3,052 sq ft. Unit 2 is on the ground floor, while Units 3 and 4 are located upstairs.
. Unit 1 (2 Bed/1 Bath) is rented for $2,362.21/month. Unit 2 (3 Bed/1 Bath) is rented for $1,411.82/month. Unit 3 (1 Bed/1 Bath) is rented for $918.72/month. Unit 4 (3 Bed/2 Bath) is rented for $2,808.22/month. The property includes four covered parking spaces (one per unit) located in the rear, an on-site community laundry room with two washers and one dryer, and a gated, low-maintenance front yard with poured concrete. Located in one of Los Angeles' most dynamic and rapidly evolving neighborhoods, the property benefits from ongoing redevelopment and new construction throughout the area. The property is centrally located near Culver City, Beverly Hills, LACMA, the La Brea Tar Pits, and Downtown Los Angeles. Per seller: The property generates an approximate $100/month in laundry proceeds (washer/dryer), which historically offsets roughly $100/month in common area utility expenses. Drive-by only—please do not disturb tenants
82 days on Market
  • Listed by: Amel Tata DRE #02042949 Brokerage DRE #02078273 • Beverly and Company 310-699-7225
Last updated: 09/01/2026 09:37 AM • Source: CRMLS, MLS#: SR26141875

Location

Listing Courtesy of Beverly and Company, Amel Tata, DRE #02042949
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$10,857 per month

30 year fixed, 6.71% Interest

Principal and Interest

$10,072

Property Taxes

$785

HOA Dues

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Property Information for 2026 South Ridgeley Drive

Property Details
  • MLS Type: Residential
  • County: Los Angeles County
  • View: See Remarks
  • Parking Spaces Total: 0
  • Private Pool: No
  • Cooling Type: None
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Public Records
  • Living Area: 3988
  • Assessor Parcel Number: 5063-018-006
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 3988
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Fireplace: No
  • Pool: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: Public Rec
  • Senior Community: No
  • Neighborhood: MID CITY
  • Parcel Number: 5063018006
  • Area: Mid Los Angeles (C16)
  • High School District: Los Angeles Unified
  • Directions: From Washington Blvd, head south on Ridgeley Dr; property is located on the east side of the street.
Building Information
  • Stories: 2
  • Year Built: 1924
  • Lot Size: 0.14 AC / 5,928 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $90,011
  • Gross Scheduled Income: $90,011
  • Net Operating Income: $76,511
Expense Details
  • Operating Expense: $13,500
  • Insurance Expense: $4,500
  • Trash Expense: $0
  • Total Expenses: $13,500
Tax / Assessment Info
  • Tax Tract Number: 4187
  • CFD/Mello-Roos Fee: $9,000
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban, Sidewalks
Property / Structure Info
Interior Features
  • Equipment: Dryer, Washer
  • Room Type: See Remarks
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Laundry: Yes
  • Laundry Features: Community, Common Area, Washer Included, Dryer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • Structures: Urban
  • Structure Type: Quadruplex
  • Other Structures: Urban
  • Miscellaneous: Urban
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Covered, Paved, Driveway
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $919
  • Unit Type Total Rent: $919
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,412
  • Unit Type Total Rent: $1,412
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,362
  • Unit Type Total Rent: $2,362
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,808
  • Unit Type Total Rent: $2,808
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 2026 South Ridgeley Drive

DateEvent & SourcePriceAppreciation
Sep 1, 2026

Price Change

CLAW #SR26124123MR

$1,949,000—
Sep 1, 2026

Price Change

CLAW #SR26141875MR

$1,949,000—
Sep 1, 2026

Price Change

CRMLS #SR26124123

$1,949,000—
DateEvent & SourcePrice
09/01/2026

Price Change

CLAW #SR26124123MR

$1,949,000
09/01/2026

Price Change

CLAW #SR26141875MR

$1,949,000
09/01/2026

Price Change

CRMLS #SR26124123

$1,949,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2026 South Ridgeley Drive

Taxable ValueLand$565,220Additions$188,401Total$753,621
Tax Record2025$9,422 ($785 / month)
Home Facts
Baths5Total Finished SqFt3,988 SqFtAbove Grade Finished SqFt3,988 SqFtLot Size5,929 SqFtStyleQuadraplexYear Built1924Year Renovated1924ZoningLARD1.5CountyLOS ANGELESAPN5063-018-006

Schools near 2026 South Ridgeley Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Marvin Elementary School
Public - K to 5
Daniel Webster Middle School
Public - 6 to 8
Susan Miller Dorsey Senior High School
Public - 9 to 12
New Los Angeles Charter School
Charter - 6 to 8
Rating
School
Distance
Marvin Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2026 South Ridgeley Drive, Los Angeles, CA 90016

2026 South Ridgeley Drive is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on June 7, 2026 by Beverly and Company, it's currently listed at $1,949,000. It has been on the market for a total of 82 days and was last sold on December 3, 2012. This listing's school district is Los Angeles Unified School District. Nearby schools include Marvin Elementary School, Daniel Webster Middle School and Susan Miller Dorsey Senior High School. 2026 South Ridgeley Drive is a 9-bed, 5-bath, 3,988 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beverly and Company, Amel Tata, DRE #02042949

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.