2416 S RIDGELEY DR

LOS ANGELES, CA, 90016

$1,550,000

$262 per ft²
$1,550,000
$262 per ft²
Pending
Pending
 - For Sale
beds
12 Beds
baths
6 Baths
carpenters-square
5,896 ft²
property_type
Multi-family
calendar
Built 1945
Don't miss this prime investment opportunity in a hot market located in Mid City, Los Angeles. A two story six (6) unit apartment building all comprised of 2Bed/1Bath. New silicon roof install in 2022 over the entire Apartment and carport. With close proximity to the 10 Freeway and the Westside, this property offers tenants convenient access to freeway and bus lines for work or school. Tenants are also close to the entertainment and business centers of Santa Monica, The Grove, and Downtown Los Angeles. Currently five (5) of the six (6) units are occupied with tenants on month to month leases. The 6th unit will be vacant and in almost rent-ready condition. All units are separately metered for gas and electric. Sold as is and no warranties/guarantees made. Seller will not give any credits or make any repairs. Seller and/or sellers agent makes no representation as to room size, lot size, etc. Buyer to verify with appropriate entities and satisfy self. Buyers to cooperate with seller 1031 exchange. Property will ONLY be shown once offer is accepted. Please do not disturb tenants.
MLS® ID:
22-172595
Listed:
6/28/22
Updated:
12/6/22

Interior Features

Total Bedrooms
12
Total Bathrooms
6
Cooling
None
Heating
Natural Gas

Exterior/Building Features

Lot Size
9,647 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Carport
Parking Total
6.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LARD1.5

Property History

Date
Event
Price
Value
11/23/22
Pending
-
-
10/28/22
Active
-
-
10/7/22
Active Under Contract
-
-
8/17/22
Pending
-
-
8/13/22
Active
-
-
8/13/22
Price Change
$1,550,000
-8%

Courtesy of Carolyn Bryant, Carolyn Bryant,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Orion Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/6/22

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