2201 South Ridgeley Drive

Los Angeles, CA 90016

$1,475,000
Price
4
Beds
4
Baths
2,722 Sq. Ft.
$542 / Sq. Ft.
2,722
Sq. Ft.
$542
per Sq. Ft.

Description

Excellent investment opportunity to own in a vibrant Mid-City enclave that offers a spacious duplex (two 2bedrooms, 1 and 1/2 bathroom each), with a 2 car garage and a sparkling pool. Perfect for the end-user or expanding real estate developer. A fabulous neighborhood with proximity to downtown Los Angeles, Santa Monica, (10 Fwy), Culver City, Beverly Hills, West Adams, peppered by posh restaurants, retail shops, specialized eateries and some of L. A.' s most iconic street food vendors.Excellent investment opportunity to own in a vibrant Mid-City enclave that offers a spacious duplex (two 2bedrooms, 1 and 1/2 bathroom each), with a 2 car garage and a sparkling pool. Perfect for the end-user or expanding real estate developer. A fabulous neighborhood with proximity to downtown Los Angeles, Santa Monica, (10 Fwy), Culver City, Beverly Hills, West Adams, peppered by posh restaurants, retail shops, specialized eateries and some of L. A.' s most iconic street food vendors.
  1. Listed by Scott Butler • DRE #01846093 • Brokerage DRE #01846093 • Bedrock Real Estate Group

Property Details for 2201 South Ridgeley Drive

Zoning
LARD1.5
Parcel Number
5063024011
Total Units
2.0
Living Area
2722
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
No
Lot Size Area
4741
LISTING UPDATED: 11/16/2024 01:13 PM

Property Details for 2201 South Ridgeley Drive

StatusActive
MLS #24-456015
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.11 AC / 4,741 SF
CountyLos Angeles County

Building Information for 2201 South Ridgeley Drive

Stories-Residences-Year Built1965Building Size-Lot Size0.11 AC / 4,741 SF

Property Information for 2201 South Ridgeley Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 2
  • Water: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Property Report, Rent Control, As Is, Redevelopment Area
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $35,136
  • Net Operating Income: $29,616.00
  • Gross Income: $35,136
  • Gross Rent Multiplier: $2.40
  • Actual Annual Gross Rent: $35,136.00
  • Total Annual Expense: 5520
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1088
  • Lot Size Square Feet: 4741
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 0
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: In Ground
  • Pool Features: In Ground
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-16-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,897.00
  • Unit Actual Rent: $1,897.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,031.00
  • Unit Actual Rent: $1,031.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $249,250.00
  • Assessed Improvement Percent: 26.95
  • Assessed Land Value: $675,722.00
  • Assessed Land Percent: 73.05
  • Assessed Total Value: $924,972.00

Property History for 2201 South Ridgeley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2201 South Ridgeley Drive

Taxable ValueLand$689,236Additions$254,235Total$943,471
Tax Record2024$11,701 ($975 / month)
Home Facts
Total Finished SqFt2,722 SqFtAbove Grade Finished SqFt2,722 SqFtLot Size4,741 SqFtStyleDuplexYear Built1965ZoningLARD1.5CountyLOS ANGELESAPN5063-024-011

Schools near 2201 South Ridgeley Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Marvin Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2201 South Ridgeley Drive is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on November 16, 2024 by Bedrock Real Estate Group, it's currently listed at $1,475,000. It has been on the market for a total of 6 days and was last sold on February 16, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Marvin Elementary School, Daniel Webster Middle School and Susan Miller Dorsey Senior High School. 2201 South Ridgeley Drive is a 4-bed, 4-bath, 2,722 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bedrock Real Estate Group, Scott Butler, DRE #01846093

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.