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8-Unit Apartment Building
For Sale
$1,949,000

2027 S Ridgeley Dr, Los Angeles, CA 90016

Eight apartments offer a balanced mix of one- and two-bedroom layouts, with shared laundry and on-site parking.

Property Size5,838 SF
Lot Size0.22 Acres
Price / SF$333.85
Days on Market65

Property Features for 2027 S Ridgeley Dr

General Information

Standard status Active
Size 5,838 SF
Total Parking Spaces 8
Lot size 0.22 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Mid-City
Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units 8

Additional Details

Tenant in Place Yes

Amenities

laundry facilities

Building Details

Building Size 5,838 SF
Year Built 1957
Listing Agency: Side
Listed By: Hartleigh Haus
Source: Hartleighhaus
Added: Aug 24 Changed: Oct 27 Last Checked: Oct 27 at 4:01AM

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 Side

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Investment Insights

Based on property information with market context.

Built in 1957, this 5,838-square-foot apartment property sits on a 9,712-square-foot lot. Its eight units comprise four one-bedroom, one-bathroom apartments and four two-bedroom, one-bathroom apartments. Laundry facilities and eight on-site parking spaces serve the building. One unit is expected to be vacant effective October 1, 2026.

The property is in Mid-City, with access to the I-10 Freeway and nearby Metro bus stops. The area also offers retail and dining along La Cienega and Pico Boulevards. Bus connections serve Downtown Los Angeles, Culver City, and the greater Westside.

Key Highlights

  • Eight apartments: four one‑bedroom/one‑bathroom units and four two‑bedroom/one‑bathroom units
  • 5,838 square feet of building area on a 9,712‑square‑foot lot
  • Constructed in 1957

Property Analytics

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Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,277
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight apartments offer a balanced mix of one- and two-bedroom layouts, with shared laundry and on-site parking.
Where is this apartment building located?
The property is located at 2027 S Ridgeley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: Eight apartments: four one‑bedroom/one‑bathroom units and four two‑bedroom/one‑bathroom units; 5,838 square feet of building area on a 9,712‑square‑foot lot; Constructed in 1957
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