Well-Maintained Quadplex with
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.
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
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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)