Miracle Mile Multifamily
For Sale
Contact for pricing
744 Ridgeley Dr, Los Angeles, CA 90036
Seven-unit multifamily property in a desirable Los Angeles location.
Property Size6,019 SF
Price / SF$679.18
Days on Market187
Property Features for 744 Ridgeley Dr
General Information
Standard status
Active
Size
6,019 SF
Class
B
Property subtype
Multifamily
Occupancy
100%
Investment Type
Core
Net Operating Income
$180,000
Building Details
Year Built
1937
Year Renovated
2017
Buildings
1
Stories
2
Units
7
Listing Agency:
Caskey Commercial Real Estate Group
Listed By:
Mo Sharifi · License #CA 1459498
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 9 at 2:36PM
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 Caskey Commercial Real Estate Group
Investment Insights
Based on property information with market context.
Located in the Miracle Mile area, 744 Ridgeley Dr. presents a seven-unit multifamily property. The area is a sought-after submarket of Los Angeles, desirable for residents and investors due to its location, revitalization, and rental demand. The property is positioned as a solid acquisition for multifamily investors and portfolio builders. The offering highlights the strength of the Miracle Mile market and provides an opportunity to acquire a well-located asset. All seven units are fully renovated, making this a turnkey investment.
Key Highlights
- Located in the highly desirable Miracle Mile area of Los Angeles.
- Turnkey investment:** All 7 units are fully renovated from top to bottom.
- Income‑producing 7‑unit multifamily property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,897
Businesses Nearby
Explore this area
Business Placement
Demographics for 90036, CA
39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily property in a desirable Los Angeles location.
Where is this apartment building located?
The property is located at 744 Ridgeley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,088,000.
What are key features of this property?
This property features: Located in the highly desirable Miracle Mile area of Los Angeles.; Turnkey investment:** All 7 units are fully renovated from top to bottom.; Income‑producing 7‑unit multifamily property.
