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Stacey Alysson Melman

2027 S Ridgeley DR
Los Angeles, CA, 90016
$1,949,000
12 Beds
8 Baths
5,838 SqFt
0.22 Acres
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MLS #26876425 image #0
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.
AGENT: Jenny Eng
LISTING BROKERAGE: CBRE
2027 S Ridgeley DR
Los Angeles, CA

Property Details

Price:
$1,949,000
MLS #:
26876425
Status:
Active
Beds:
12
Baths:
8
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Aug 24, 2026
Finished Sq Ft:
5,838
Total Sq Ft:
5,838
Lot Size:
9,712 sqft / 0.22 acres (approx)
Year Built:
1957
C16 – Mid Los AngelesC16midlosangeles
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Schools

Interior

Appliances
RF
Laundry Features
CM
Levels
U

Exterior

Garage Spaces
4
Parking Spots
8
Parking Total
8
Security Features
AG

Financial

Gross Operating Income
$180,048
Net Operating Income
$118,315

Map

Community

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