1323 S Ridgeley Dr presents a rare opportunity to acquire a stable, income-producing asset with long-term upside potential. Affectionately nicknamed the “Cash Cow,” this property offers both abundant rental income and future growth opportunities. Built in 1958, this well-maintained two-story building features five spacious 3-bedroom, 2-bathroom units. The property has been thoughtfully cared for and improved over the years, featuring upgrades to three kitchens and four bathrooms, a recently renovated balcony, a completed retrofit, and fresh exterior paint. Each unit offers generous in-unit storage, its own designated parking space, access to a shared backyard seating area, and on-site laundry facilities. All contribute to strong tenant retention and reduced vacancy rates. The outdoor area also presents potential development opportunities (buyer to verify), adding further upside to an already solid investment. Situated near popular cafes, The Grove, restaurants, and neighborhood spas. In an area that continues to see increasing desirability, this property is well-positioned for sustained demand and appreciation. An exceptional addition to any investment portfolio, especially for those who are focused on cash flow and long-term growth.
Property Details
Price:
$2,795,000
MLS #:
26658983
Status:
Active
Beds:
15
Baths:
10
Type:
Single Family
Neighborhood:
c19beverlycentermiraclemile
Listed Date:
Mar 10, 2026
Finished Sq Ft:
6,029
Total Sq Ft:
6,029
Lot Size:
6,618 sqft / 0.15 acres (approx)
See this Listing
Schools
Interior
Appliances
DW, MW, RF, BBQ
Cooling
NO
Heating
CF
Interior Features
CF
Laundry Features
DINC, WINC
Levels
U
Exterior
Attached Garage YN
1
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address1323 S Ridgeley DR Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 11, 2026
8,028
Single Family Listed
85
Avg DOM
512
Avg $ / SqFt
$1,525,581
Avg List Price
Property Summary
- 1323 S Ridgeley DR Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $2,795,000 and features 15 beds, 10 baths, and has approximately 6,029 square feet of living space.The current price per square foot is $464. The average price per square foot for Single Family listings in Los Angeles is $512. The average listing price for Single Family in Los Angeles is $1,525,581.
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1323 S Ridgeley DR
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