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1553 S Ridgeley Dr

Los Angeles, CA 90019
  • $1,100,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 21-105004
UPDATED: 4 min ago
$1,100,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,458
    SQFT
  • $448
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

Great opportunity to purchase a fourplex building in the Mid-City neighborhood of Los Angeles. The property consist of one 2 bedroom, 1 bath unit; two 1 bedroom, 1 bath units and a studio apartment. The building is fully occupied and all tenants are on a Month -To- Month Tenancy. The 2 bedroom unit has been updated within the last 2 years. Per the sellers there is a parking structure in the rear with one parking space per unit. This building has plenty of upside and could be a welcome addition to your income property investments or a great building to start investing.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T07:42:24.887. 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.
www.searchdesertrealestate.com/homes/123282435
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1553 S Ridgeley Dr Los Angeles, CA 90019

  • Price: $1,100,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 4 min ago
  • MLS #: 21-105004
4
Beds
0
Baths
0
½ Baths
0.11
Acres
2,458
SQFT
$448
$/SQFT
1956
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Great opportunity to purchase a fourplex building in the Mid-City neighborhood of Los Angeles. The property consist of one 2 bedroom, 1 bath unit; two 1 bedroom, 1 bath units and a studio apartment. The building is fully occupied and all tenants are on a Month -To- Month Tenancy. The 2 bedroom unit has been updated within the last 2 years. Per the sellers there is a parking structure in the rear with one parking space per unit. This building has plenty of upside and could be a welcome addition to your income property investments or a great building to start investing.
Exterior Features

Lot Size Area 4748 Other Structures None Parking Garage Carport DetachedDriveway Style French Total Parking 4

Interior Features

Baths Total 4.00 Cooling None Equipment Range/OvenRefrigerator Heating Wall Laundry None

Property Features

Assessed Total Value 88962 Gross Income 48960 Gross Operating Income 48960 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 44460.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterElectricityGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 4500 Type Of Units Fourplex Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Michael Selma DRE#01481094 of Rodeo Realty Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T07:42:24.887. 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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74996 Highway 111
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