Los Angeles, CA 90019 1000 S Ridgeley Drive

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Presented By: Morgan McMullin with Keller Williams Beverly Hills;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25541169
  • 05/20/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 6
  • SQFT • 6,726
  • Garage • 1

Home Details

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.
Presented By: Morgan McMullin with Keller Williams Beverly Hills;

Interior Features for 1000 S Ridgeley Drive

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1000 S Ridgeley Drive

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsLocated just minutes from Museum Row, LACMA, The Grove, and the Petersen Automotive Museum, this property offers tenants unbeatable access to top-tier cultural institutions, shopping, dining, and entertainm
Full Baths
Garage Y/NNo
Gross Income194616.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet9626.0
Lot Size UnitsSquareFeet
MLS AreaC19 - Beverly Center-Miracle Mile
MobileHomeRemainsYNNo
Net Operating Income126125.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ZoningLAR3

Exterior for 1000 S Ridgeley Drive

Building Area Total6726.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.221
Lot Size Area9626.0
Number of Buildings3
Parking FeaturesDetachedCarport
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,295,000
MLS#25541169
List Date 05/20/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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