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Well-Maintained Quadplex with Parking

2026 S Ridgeley Los Angeles, CA 90016

2026 S Ridgeley, Los Angeles, CA, 90016
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For Sale
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Four individually metered units with covered parking, community laundry, and interior updates throughout.

Property Size3,988 SF
Price / SF$501.25
Days on Market43

Property Features for 2026 S Ridgeley

General Information

Standard status
Active
Size
3,988 SF
Property subtype
Multifamily
Listing Agency Beverly and Company
Listed by Amel Tata · License #02042949
Source Crexi
Added: Jun 7 Checked: Jul 19 at 6:36 am

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.

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 Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Dental Office Real Estate Agency Accounting Firm Travel Agency Butcher Pet Store Tanning Salon Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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)
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