Well-Maintained Quadplex with
For Sale
Contact for pricing
2026 S Ridgeley, Los Angeles, CA 90016
Four individually metered units with covered parking, community laundry, and interior updates throughout.
Property Size3,988 SF
Price / SF$501.25
Days on Market61
Property Features for 2026 S Ridgeley
General Information
Standard status
Active
Size
3,988 SF
Total Parking Spaces
4
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Listing Agency:
Beverly and Company
Listed By:
Amel Tata · License #02042949
Source:
Crexi
Added: Jun 7
Changed: Jul 10
Last Checked: Aug 5 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beverly and Company
Investment Insights
Based on property information with market context.
This well-maintained quadplex features four individually metered mixed units across two connected residential buildings. The front structure is a single-story home built in 1924, and the rear building was constructed in 1962. Unit 1 is a 2 bed/1 bath home, while Unit 2 is a 3 bed/1 bath ground-floor unit. Units 3 and 4 are located upstairs, with Unit 3 offering 1 bed/1 bath and Unit 4 offering 3 bed/2 bath. The property is fully leased with long-term tenants and provides a four-unit income stream.
Capital improvements have been made throughout, including updated flooring and drywall upgrades, newer heaters in select units, remodeled kitchens and bathrooms in select units, and newer water heaters across the property. A full plumbing repipe has also been completed, along with exterior building paint and interior paint in select units. Outside, the property includes four covered parking spaces (one per unit) 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 Mid-City, north of the 10 Freeway, the property sits within an actively redeveloping area. For buyers seeking a four-unit residential income property that is already occupied, this asset offers a straightforward quadplex configuration with covered parking and on-site laundry, supported by documented updates such as the plumbing repipe and interior/exterior refreshes.
Capital improvements have been made throughout, including updated flooring and drywall upgrades, newer heaters in select units, remodeled kitchens and bathrooms in select units, and newer water heaters across the property. A full plumbing repipe has also been completed, along with exterior building paint and interior paint in select units. Outside, the property includes four covered parking spaces (one per unit) 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 Mid-City, north of the 10 Freeway, the property sits within an actively redeveloping area. For buyers seeking a four-unit residential income property that is already occupied, this asset offers a straightforward quadplex configuration with covered parking and on-site laundry, supported by documented updates such as the plumbing repipe and interior/exterior refreshes.
Key Highlights
- Four individually metered units in a two‑building quadraplex; all units are fully leased with long‑term tenants
- Unit 1: 2 bed/1 bath (~936 SF, single‑story built 1924) leased for $2,362.21/month
- Rear building built 1962 totals ~3,052 SF and houses Units 2–4 (Unit 2 ground floor; Units 3–4 upstairs)
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,220
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four individually metered units with covered parking, community laundry, and interior updates throughout.
Where is this quadplex located?
The property is located at 2026 S Ridgeley Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Four individually metered units in a two‑building quadraplex; all units are fully leased with long‑term tenants; Unit 1: 2 bed/1 bath (~936 SF, single‑story built 1924) leased for $2,362.21/month; Rear building built 1962 totals ~3,052 SF and houses Units 2–4 (Unit 2 ground floor; Units 3–4 upstairs)
