Skip To Content

1553 S Ridgeley Drive

Los Angeles (City), CA 90019
  • $990,000
  • STATUS: Closed
  • ON SITE: 70 Days
  • MLS #: 21105004
Sold - 01/14/2022
$990,000
SOLD - 01/14/2022
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing Agent(s): Michael Selma of Rodeo Realty Inc. (310-461-0400)


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.

Sold by Shawn Mehrannia of Home Team Realty.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T16:26:03.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/123282292
Print Image

1553 S Ridgeley Drive Los Angeles (City), CA 90019

  • Price: $1,100,000
  • Status: Closed
  • On Site: 70 Days
  • Updated: 22 min ago
  • MLS #: 21105004
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1956
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - 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

Architectural Style French Carport YN Yes Parking Features Detached CarportDriveway Parking Total 4

Interior Features

Appliances Refrigerator Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Buyer Financing Cash Disclosures Trust/Conservatorship Gross Income 48960 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 44460 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T16:26:03.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
Logo
ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Michael Selma of Rodeo Realty Inc. (310-461-0400)