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… Read More 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. Read Less
Listing Snapshot
Days Online
59
Last Updated
Beds
12
3/4 Baths
8
Square Ft.
5,838
Lot Size
0.22 Acres
Year Built
1957
MLS Number
26876425
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1957, Living area: 5838.0, 1 building, 2 stories, Levels: Two
Garage
4 spaces
Income
Gross Income: $180,568, Net Operating Income: $118,315
Laundry
CommonArea
Lot
0.223 acres
Parking
4 open parking spaces, 8 total parking spaces, Covered
Security Features
SecurityGate
Taxes
Parcel Number: 5063025007, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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