
Los Angeles, California 90019
This Hybrid Investment Opportunity is listed at $1,474,990, which aligns closely with its $1,445,029 Fair Market Value. Featuring a Turn-Key Condition Rating, this property includes a High-End Remodeled Main Residence and a Brand-New Permitted ADU, offering significant income-generating potential to offset mortgage costs. Located in the heart of Mid-Wilshire, the home provides a rare blend of modern luxury and functional versatility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, income-producing residence in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1364 S Ridgeley Subject | $1,474,990* List Price | 0 | 0 | 1,581 | $914 | - |
A 1558 Hauser Sold | $1,156,000 | 3 | 2 | 1,577 | $733 | 0.3 mi |
B 5154 W 12th Street Sold | $1,665,000 | 3 | 2 | 1,700 | $979 | 0.6 mi |
C 1282 Meadowbrook Avenue Sold | $1,415,000 | 2 | 2 | 1,446 | $979 | 0.4 mi |
D 1535 Carmona Ave Sold | $1,600,000 | 3 | 2 | 1,831 | $874 | 0.3 mi |
E 1807 Cochran Place Sold | $1,080,000 | 3 | 1 | 1,402 | $770 | 0.4 mi |
F 1645 S Sierra Bonita Avenue Sold | $1,462,500 | 2 | 2 | 1,420 | $1,030 | 0.5 mi |
G 1741 S Spaulding Avenue Sold | $1,400,000 | 3 | 3 | 1,451 | $965 | 0.7 mi |
H 1159 S Sierra Bonita Avenue Sold | $1,850,000 | 4 | 3 | 2,165 | $855 | 0.4 mi |
I 1206 S Burnside Avenue Active | $1,485,000 List Price | 3 | 2 | 1,491 | $996 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete luxury reimagining and high-end remodel within the last year, including a brand-new permitted ADU. Features include a modern designer kitchen with high-end appliances, updated systems (HVAC/Electric), and mint turn-key condition, meeting the criteria for a recent renovation under 5 years.
The inclusion of a brand-new, fully permitted 1-bedroom ADU with a private entrance and yard provides a significant opportunity for rental income or multi-generational living to offset mortgage costs.
The property features high-end designer finishes, premium appliances, and updated systems throughout, offering a move-in-ready experience that eliminates the need for immediate renovation capital.
Situated in the heart of Mid-Wilshire north of Pico Blvd, the home boasts excellent proximity to The Grove, LACMA, and Metro access, enhancing its long-term desirability and lifestyle appeal.
The property was recently sold within the past year on 2025-12-18. The sold price is $1,335,000.00. The property was recently sold within the past year on 2025-12-17. The sold price is $1,250,000.00.
With a total of 1,581 square feet split between the main house and the ADU, the individual living spaces may feel small for buyers seeking more expansive interior volume.
Originally constructed in 1906, the property may possess inherent structural or layout limitations typical of century-old homes that modern remodeling cannot entirely eliminate.
LUXURY REMODELED MID CITY/ MIRACLE MILE HOME with A BRAND NEW PERMITTED LARGE 1 bedroom ADU... Ideal for Owner Occupied, multigenerational living, guest suite, or offset rental; Perfect for AIRBNB! Live in one RENT FREE and Rent the Other! Main house may pay for your entire mortgage and even give you a POSITIVE CASH FLOW!!! Sellers may help to PAY partial or ALL BUYER'S CLOSING COSTS or HELP WITH THE RATE BUY DOWN. You may buy this wit as low as 5% DOWN... Ask and I will work hard to make it happen!!! A rare opportunity in the heart of Mid-Wilshire to own a fully reimagined residence with a newly built, fully permitted 1-Bedroom ADU - Perfect for generating income, hosting extended family, or creating a private retreat, with laundry in the bathroom! Beautifully HIGH END REMODELED MAIN RESIDENCE: 2 On-Suite bedrooms and one extra guest bathroom (total 3 bathrooms and 2 master bedrooms) - Designer finish with high end appliances and inside laundry area - Modern Kitchen with high end appliances with a separate inside laundry area - Walk-In Closet - Updated Systems - Move in condition - TURN KEY The newly constructed ADU has Private Entrance, it's OWN PRIVATE YARD - Parking - Full Kitchen - Full Bath - Security Cameras and other security features - IDEAL FOR AIR BNB RENTAL INCOME, In-Laws, or Home Office - PROJECTED RENTAL INCOME MAY SIGNIFICANTLY OFFSET MONTHLY OWNERSHIP COSTS!!! Located NORTH of Pico blvd, its conveniently walking distance to Synagogues, churches, restaurants, grocery stores, the GROVE, LACMA, Metro access, and Central LA Lifestyle! Don't miss out on these beautiful homes!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,581 | 1,672 |
| Lot Size | 6,034 | 6,067 |
| Price | $1.47M | $1.37M |
| Price per sq ft | $933 | $801 |
| Built year | 1906 | 1939 |
| HOA | $0 | $348 |
| Days on market | 27 | 56 |
Jun 25, 2026
$1,474,990
Initial Listing
Dec 18, 2025
$1,335,000
Public Record
Dec 17, 2025
$1,250,000
Public Record
Dec 26, 2023
$1,800,000
Public Record
Aug 25, 2022
$970,000
Public Record