744 S Ridgeley Drive
Los Angeles, CA 90036

  • – beds
  • – baths
  • – sqft
  • 8,574 sqft lot
  • 1937 build
  • on site

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A 8,574 SF LAR4 lot with future development potential in highly desirable Miracle Mile location near LACMA, The Grove, and future Metro Purple Line! Situated just south of Wilshire Blvd, this property consists of four large 1 +1 units, one studio and one large 2+2 unit that may be ideal for owner user. All rents are well below market with approximately 42% upside potential. Four units were tastefully renovated and remodeled with hard wood floors, new custom kitchen with new appliances, new bathrooms and beautifully restored original crown mouldings. Copper plumbing, electrical (400 amps) and HVAC were recently updated. Brand new reinforced roofs on the 2 garage buildings with 6 parking spaces. Units are separately metered for gas and electricity with individual new water heaters for each unit.

California Regional MLS logo Listed By CRMLS_CA / Kenny Stevens / Concord Real Estate Service

Last checked: Checking… • Last updated May 13, 2024 •

MLS# 16182132 —

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Sale history

Date Event Source Price % Change
2/17/17
Sold CRMLS_CA $2,850,000 16.3% (12.8% / YR)
11/10/15
CRMLS_CA $2,450,000

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Multifamily Sold on 2/17/2017

$2,850,000

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Listing provided by broker:

Kenny Stevens

Concord Real Estate Service

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Concord Real Estate Service. Based on information from California Regional Multiple Listing Service, Inc. as of 16:01 on May 13.

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