About 2026 S Ridgeley, Los Angeles, California, 90016
Exceptional investment opportunity in the highly desirable Mid-City neighborhood, north of the 10 Freeway. This well-maintained quadraplex property offers four individually metered mixed units. All units are fully leased with long-term tenants, providing stable, immediate rental income and future upside potential. The property has undergone substantial capital improvements throughout, including updated flooring, drywall upgrades, newer heaters in select units, and remodeled kitchens and bathrooms in select units. All units feature newer water heaters, and the property has completed a full plumbing repipe. Additional improvements include exterior building paint and interior paint in select units. The property consists of two connected residential buildings. The front structure (Unit 1) is a single-story home built in 1924, approximately 936 sq ft. The rear building, constructed in 1962, contains three units totaling approximately 3,052 sq ft. Unit 2 is on the ground floor, while Units 3 and 4 are located upstairs. .Unit 1 (2 Bed/1 Bath) is rented for $2,362.21/month. Unit 2 (3 Bed/1 Bath) is rented for $1,411.82/month. Unit 3 (1 Bed/1 Bath) is rented for $918.72/month. Unit 4 (3 Bed/2 Bath) is rented for $2,808.22/month. The property includes four covered parking spaces (one per unit) located in the rear, an on-site community laundry room with two washers and one dryer, and a gated, low-maintenance front yard with poured concrete. Located in one of Los Angeles' most dynamic and rapidly evolving neighborhoods, the property benefits from ongoing redevelopment and new construction throughout the area. The property is centrally located near Culver City, Beverly Hills, LACMA, the La Brea Tar Pits, and Downtown Los Angeles. This is an excellent opportunity for investors seeking a stabilized asset with proven long-term tenancy, significant capital improvements, strong in-place income, and future rental growth potential in a high-demand rental market. Showings are subject to accepted offer and interior inspection. Buyer is advised to independently verify all information, including but not limited to square footage, unit mix, permits, zoning, income, expenses, lease terms, condition, and bedroom/bathroom counts. Broker and agents make no representations or warranties regarding the accuracy of any information provided, and buyer is encouraged to conduct their own investigations with appropriate professionals. Drive-by only—please do not disturb tenants
Water Source : Public
Sewer System : PublicSewer
Community Features : Sidewalks, Urban
Association : false
Association Fee : 0
Parking Features :
Parking Total: 0
Garage Spaces: 0
Lot Features : RectangularLot
Property Sub-Type Additional : Quadruplex
Laundry Features : CommonArea
Appliances : Dryer, Washer
Water Source : Public
Sewer System : PublicSewer
Community Features : Sidewalks, Urban
Association : false
Association Fee : 0
Parking Features :
Parking Total: 0
Garage Spaces: 0
Lot Features : RectangularLot
Property Sub-Type Additional : Quadruplex
Laundry Features : CommonArea
Appliances : Dryer, Washer

Street Address: 2026 S Ridgeley
City: Los Angeles
State: California
Postal Code: 90016
County: Los Angeles
Directions: From Washington Blvd, head south on Ridgeley Dr; property is located on the east side of the street.

Property Information :
Listing Status: Active
Size: 3,988 Sqft
Lot Size: 0.14 Acres
MLS #: SR26124123
Price: $1,999,000
Construction Status: Built in 1924
Last Modified : Jun 9 2026 1:35PM

Courtesy of: Amel Tata, Beverly and Company (MLS# SR0185401)
Source MLS: CRMLS