$2,795,000
1323 S Ridgeley Drive, Los Angeles CA 90019
Multi-Family (5 Units)
Property type
98 days
On market
$464
Price per sqft
N/A
Garage
N/A
Year built
6,618 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Chloe Simon DRE #02220750 310-730-3213, Sotheby's International Realty
Listing updated: Mar 18, 2026 at 07:18am.
Last checked: Jun 13, 2026 at 12:30pm
Source: CRMLS #26658983
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,602 | $3,602 | $3,725 | Unfurnished |
| 2 | 3 | 2 | — | $3,400 | $3,400 | $3,400 | Unfurnished |
| 3 | 3 | 2 | — | $3,536 | $3,536 | $3,725 | Unfurnished |
| 4 | 3 | 2 | — | $3,196 | $3,195 | $3,550 | Unfurnished |
| 5 | 3 | 2 | — | $3,708 | $3,708 | $3,725 | Unfurnished |
# of Buildings: 1
# of Units Total: 5
Dishwasher: 5
Refrigerator: 5
Financial Snapshot
Gross Rent Multiplier
160.2x
List Price / Annual Gross Rent
Cap Rate
6.42%
NOI / List Price
Net Operating Income: $179,384
Interior
Interior Features: Ceiling Fans
Cooling: None
Heating: Central
Appliances: Barbecue, Dishwasher, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Attached Carport
Garage: Attached
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 5085032041
Zoning: LAR2
Community
HOA: No
Senior Community: No