$2,295,000
For Sale

1000 S Ridgeley Drive

Los Angeles, CA 90019
6726 sqft | 12 beds | 0.22 acres | #25541169
Listing OfficeKeller Williams Beverly Hills
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Discover an immaculate and rare investment opportunity in the heart of Miracle Mile, one of Los Angeles' most vibrant and architecturally rich neighborhoods. This beautifully maintained 6-unit apartment building, built in 1947, showcases timeless Art Deco charm while offering updated interiors and strong income potential. Each of the six units features spacious 2-bedroom, 1-bathroom layouts, all exceeding 1,000 square feet. The apartments are thoughtfully updated to meet modern expectations, including refreshed kitchens, hardwood floors, and contemporary fixtures while retaining the building's historic character through original moldings, arched doorways, and period details. This perfect blend of old and new enhances tenant appeal and long-term desirability. The building boasts a total living area of 6,726 square feet, situated on a 9,622 square foot lot, offering ample space and comfort. With LAR3 zoning, the property supports multi-family residential use, and may present value-add opportunities for future development, expansion, or ADU additions (buyer to verify). A private driveway and rear parking area further increase its functionality.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$2,295,000
      • MLS #25541169
      • MLS #25541169
      • Cost2295000
      • Acres0.221
      • Square Feet6726
      • Bedrooms12
      • Stories2

Location

RayBon MortgageReal Estate Group
OR

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