1636 S Ridgeley, Los Angeles, CA 90019
- $1,196,000
- List Price
- $1,196,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- SW26131788
- Year Built
- 1964
- Lot Size
- 5,820
- Acres
- 0.13
- Lot Location
- Cul-De-Sac, Paved
- Days on Market
- 45
- Property Type
- Multifamily
- Style
- Mid-Century Modern, Spanish
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
Exceptional value-add triplex opportunity located in the highly desirable Mid-City area of Los Angeles. This 3-unit property sits on a quiet cul-de-sac and offers strong upside with a desirable unit mix and renovation potential. The property consists of two separate structures totaling approximately 2,782 sq ft on a 5,820 sq ft lot, built in 1964 and zoned LARD1.5 and front house and top back unit has been full remodeled featuring modern enhancements, upgraded finishes, and refreshed interiors that significantly improve both livability and rental appeal. Front House AND top back units are Vacant and Fully Remodeled units consisting of 3-bedrooms and 1-bath with strong rental potential. Back Lower Unit is Occupied consists of 2-bedroom and 1-bath unit currently occupied by a long-term tenant, providing immediate income stability. Centrally located just south of Venice Blvd and east of Hauser Blvd, offering easy access to Culver City, Miracle Mile, and major employment hubs.
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Additional Information
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Asphalt
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Granite Counters, Pantry
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $106,800
- Operating Expense
- 4600
Listing courtesy of Listing Agent: Jessica Torres (jessicatorres.realestate@gmail.com) from Listing Office: eXp Realty of Southern California, Inc..
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