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Map
$1,209,577*
●
Multifamily -
Off Market
2539 South RIDGELEY Drive
Los Angeles (City), CA 90016
4 Beds
3 Baths
2018 Sqft
$747,000 - $913,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
About This Property
Excellent opportunity to own or invest in West Adams area, one of
the most rapidly transforming neighborhoods of Los Angeles. Live in
the back, rent the front for rental income. First time on the
market since 1987. This 3 unit multifamily property features a
front duplex each 1 bedroom 1 bath side by side units about 1400
SF. Back building features 2 bedrooms 1 bath about 600 SF. Each
unit has an open concept kitchen, living room and dining room floor
plan with washer and dryer. Large lot zoned LARD1.5 which allows
you to build up to 4 units and just under 6400 SqFt lot. There is a
3-car garage currently being used by owner for storage which can be
rented for additional income. Great location and in proximity to LA
Rams Stadium, LAX, Expo line and major freeways. Tech companies are
moving to this area which is evidence of the long term investment
strategy and investor confidence in the growth of this part of Los
Angeles. Rear unit and storage units delivered vacant at close of
escrow.
The manager has listed the unit size as 2018 square feet.
The manager has listed the unit size as 2018 square feet.
Unit Size
2,018Ft²
Days on Market
-
Land Size
6,335.00 acres
Price per sqft
$411
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1924
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 4, 2019 | No longer available | - | |
No longer available | |||
Jul 26, 2019 | Relisted | $830,000 | |
Relisted | |||
Apr 4, 2019 | No longer available | - | |
No longer available | |||
Mar 10, 2019 | Price Increased |
$830,000
↑ $80K
(10.7%)
|
|
Price Increased | |||
Feb 21, 2019 | Price Decreased |
$750,000
↓ $50K
(6.3%)
|
|
Price Decreased |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
5
Beds
3
Baths
2,448 ft²
$388/ft²
$950,000
Jun 6, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/13/2018
|
|
4 Bed
|
3 Bath
|
2018 ft²
|
$850,000
4 Bed
3 Bath
2018 ft²
|
-
-
|
-
|
-
|