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1553 S Ridgeley Drive

Los Angeles (City), CA 90019
  • $1,100,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 21105004
UPDATED: 58 min ago
$1,100,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing provided courtesy of Michael Selma of Rodeo Realty Inc.

Description

Great opportunity to purchase a fourplex building in the Mid-City neighborhood of Los Angeles. The property consist of one 2 bedroom, 1 bath unit; two 1 bedroom, 1 bath units and a studio apartment. The building is fully occupied and all tenants are on a Month -To- Month Tenancy. The 2 bedroom unit has been updated within the last 2 years. Per the sellers there is a parking structure in the rear with one parking space per unit. This building has plenty of upside and could be a welcome addition to your income property investments or a great building to start investing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123282292
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1553 S Ridgeley Drive Los Angeles (City), CA 90019

  • Price: $1,100,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 58 min ago
  • ID#: 21105004
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1956
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Great opportunity to purchase a fourplex building in the Mid-City neighborhood of Los Angeles. The property consist of one 2 bedroom, 1 bath unit; two 1 bedroom, 1 bath units and a studio apartment. The building is fully occupied and all tenants are on a Month -To- Month Tenancy. The 2 bedroom unit has been updated within the last 2 years. Per the sellers there is a parking structure in the rear with one parking space per unit. This building has plenty of upside and could be a welcome addition to your income property investments or a great building to start investing.
Exterior Features

Architectural Style French Carport YN Yes Parking Features Detached CarportDriveway Parking Total 4

Interior Features

Appliances Refrigerator Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Buyer Financing Cash Disclosures Trust/Conservatorship Gross Income 48960 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 44460 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Michael Selma of Rodeo Realty Inc.