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2026 S RidgeleyLos Angeles, CA 90016

For Sale

$1,999,000

Smart Buyer Rebate $19,990

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.
This is an excellent opportunity for investors seeking a stabilized asset with proven long-term tenancy, significant capital improvements, strong in-place income, and future rental growth potential in a high-demand rental market.
Showings are subject to accepted offer and interior inspection. Buyer is advised to independently verify all information, including but not limited to square footage, unit mix, permits, zoning, income, expenses, lease terms, condition, and bedroom/bathroom counts. Broker and agents make no representations or warranties regarding the accuracy of any information provided, and buyer is encouraged to conduct their own investigations with appropriate professionals. Drive-by only—please do not disturb tenants

Listed by Amel Tata

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License #02042949

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Beverly and Company

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310-699-7225

Last updated June 09, 2026

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Source: CRMLS #SR26124123

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid City
  • Days on Prevu8

Amenities

  • Washer/Dryer
  • Parking

Location

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Listing History

06/08/2026
Listed by Beverly and Company
$1,999,000

Property Details for 2026 S Ridgeley

Association

Amenities

  • Community Features: Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1924
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,988
  • Building Area Units: Square Feet
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,928
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5,928
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $90,011.00
  • Operating Expense: $13,500.00

Taxes

  • Parcel Number: 5063018006

Interior

Features

  • Appliances: Dryer, Washer

Other

Location

  • Tax Lot: 6

Parking

Parking

  • Parking Features: Covered, Driveway, Paved

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2026 S Ridgeley.

How does 2026 S Ridgeley compare to other multi-family homes in Mid City?

This multi-family home is listed 4% below the average price for multi-family homes in Mid City and has been on the market for 159 less days than the typical home in this area.

2026 S Ridgeley is a -bedroom multi-family home for sale in Los Angeles CA 90016. Available on Prevu for 8 days at $1,999,000. This property is located in Mid City. The median listing price for multi-family homes in this area is $1,599,950. The home offers parking and washer/dryer. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.