Fixer Upper
Address
2244 S ridgeley Los Angeles, CA
Price
$ 1,700,000
Property Attributes
  • MLS#21685246
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • Style
  • Price$ 1,700,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
Listing Provided Courtesy Of:
Daniel Kohanbash with Keller Williams Realty Westside.
Data Source:
CRMLS
Property Description

HUGE UPSIDE. DELIVERED FULLY VACANT. Pleased to present the opportunity to acquire 2244 Ridgeley. 2244 Ridgeley is a 5,055 SQ. FT 5 unit apartment building with the potential of converting the garage to an ADU, located in the gentrifying Mid-City neighborhood of Los Angeles. This complex was built in 1977 and sits on an 9,594 SQ. FT Lot Zoned RD-1.5. The property positions itself to offer an investor a value-add 5 unit apartment building that WILL BE DELIVERED FULLY VACANT, with a low cost per square foot basis, high pro-forma CAP and future redevelopment opportunity due to lot size. This well located property is centrally located and finds itself located near an abundance of amenities and businesses. Easy access to the 10 FWY, DTLA, Culver City, Beverly Hills, Santa Monica and more! VIRTUAL TOURS: Unit 2: https://my.matterport.com/show/?m=NwNtmpvU7iX&mls=1 Unit 3: https://my.matterport.com/show/?m=BDfZv34D6Db&mls=1 Unit 4: https://my.matterport.com/show/?m=FbSNWcW3A3P&mls=1 Unit 5: https://my.matterport.com/show/?m=sUQhdj5mDzZ&mls=1

Price History
2/9/2021 Listed $1,700,000

General Features

Cooling None
Facing Direction West
Heating None
MLS Area C16 - Mid Los Angeles
Parking Features Driveway
Property Type Residential Income
PropertyCondition Fixer, Repairs Cosmetic
Total Units 5
Zoning RD 1.5

Exterior Features

Lot Size Area 9594
Lot Size Source Assessor
Lot Size Square Feet 9594
Lot Size Units Square Feet
Number of Buildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90016

Price
AVG $1.38M
$1.7M
Visits
AVG 28
21
Walkscore
AVG 74
71
Data Provided by Walkscore ® not using MLS data

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