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Quadplex with Covered Parking
For Sale
$1,999,000

2026 S Ridgeley, Los Angeles, CA 90016

MULTI_FAMILY - Los Angeles, CA

Property Size3,988 SF
Lot Size0.14 Acres
Price / SF$501.25
Days on Market71

Property Features for 2026 S Ridgeley

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 1, Bedroom 6, Bathroom 5, Bathroom 2, Bathroom 3, Laundry Room, Bedroom 9, Bedroom 2, Bedroom 5
Parking features Driveway, Covered
Lot features Rectangular Lot, 2-5 Units/ Acre
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions From Washington Blvd, head south on Ridgeley Dr; property is located on the east side of the street.
Subdivision C16 - Mid Los Angeles
Standard status Active
APN 5063018006
Size 3,988 SF
Lot size 0.14 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

community laundry room
gated front yard

Building Details

Year built 1924
Floors in Building 2
Number of units 4
Listing Agency: Beverly and Company
Listed By: Amel Tata · License #02042949
Added: Jun 7 Changed: Aug 11 Last Checked: Aug 16 at 2:06AM
MLS# SR26141875

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex features four individually metered mixed units across two connected residential buildings. The front structure (Unit 1) is a single-story home built in 1924, and the rear building (Units 2–4) was constructed in 1962. The total property size is 3,988 square feet on a 0.1361-acre lot.

Unit 1 is a 2 bed/1 bath layout, Unit 2 is a 3 bed/1 bath on the ground floor, and Units 3 and 4 are located upstairs. Unit 3 is 1 bed/1 bath, and Unit 4 is a 3 bed/2 bath. All units are fully leased. The property has undergone substantial capital improvements, including updated flooring and drywall upgrades, remodeled kitchens and bathrooms in select units, and newer heaters in select units. Newer water heaters are included, and the property has completed a full plumbing repipe. Additional improvements include exterior building paint and interior paint in select units.

Exterior amenities include a gated, low-maintenance front yard with poured concrete and four covered parking spaces (one per unit) located in the rear, plus an on-site community laundry room with two washers and one dryer. Public water and public sewer are in place. Drive-by only; please do not disturb tenants.

Key Highlights

  • Four individually metered units fully leased
  • Two connected buildings: front built in 1924 and rear built in 1962
  • 3,988 SF on a 0.1361‑acre lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Accounting Firm Travel Agency Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,220
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four individually metered units across two buildings, fully leased, with four covered parking spaces and on-site laundry.
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 fully leased; Two connected buildings: front built in 1924 and rear built in 1962; 3,988 SF on a 0.1361‑acre lot
More about this property
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