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
Price:
$2,295,000
MLS #:
25541169
Status:
Active
Baths:
0
Address:
1000 S Ridgeley Drive
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
May 20, 2025
State:
CA
ZIP:
90019
Lot Size:
9,626 sqft / 0.22 acres (approx)
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Detached Carport
Parking Spots
6.00
Stories Total
2
Financial
Map
Community
- Address1000 S Ridgeley Drive Los Angeles CA
- AreaC19 – Beverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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1000 S Ridgeley Drive
Los Angeles, CA
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