1636 S Ridgeley, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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Los Angeles, California 90019
Analysis of 1636 S Ridgeley, Los Angeles, California 90019 is currently available with a list price of $1,196,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While built in 1964, the property has undergone a full high-end remodel within the last 5 years for two of the three units. Interior photos show mint condition finishes including modern cabinetry, quartz countertops, stainless steel appliances, new flooring, and recessed lighting, meeting the criteria for a recent renovation with no immediate maintenance required.
Two of the three units are delivered vacant and fully remodeled, allowing an investor to immediately secure market-rate tenants and maximize cash flow without relocation costs.
Situated on a quiet cul-de-sac near major hubs like Culver City and Miracle Mile, the property occupies a high-demand rental submarket with strong historical appreciation.
The configuration includes two large 3-bedroom units, which are highly sought after by families and professional roommates, commanding a premium in the Los Angeles market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2, other record living area = 2782.
The lower back unit is occupied by a long-term tenant, which likely results in below-market rent and limits the immediate ability to renovate or reposition the entire asset.
The 3-bedroom units feature only one bathroom each, which may be viewed as a functional drawback for larger households and could slightly limit the top-tier rental ceiling.
Exceptional value-add triplex opportunity located in the highly desirable Mid-City area of Los Angeles. This 3-unit property sits on a quiet cul-de-sac and offers strong upside with a desirable unit mix and renovation potential. The property consists of two separate structures totaling approximately 2,782 sq ft on a 5,820 sq ft lot, built in 1964 and zoned LARD1.5 and front house and top back unit has been full remodeled featuring modern enhancements, upgraded finishes, and refreshed interiors that significantly improve both livability and rental appeal. Front House AND top back units are Vacant and Fully Remodeled units consisting of 3-bedrooms and 1-bath with strong rental potential. Back Lower Unit is Occupied consists of 2-bedroom and 1-bath unit currently occupied by a long-term tenant, providing immediate income stability. Centrally located just south of Venice Blvd and east of Hauser Blvd, offering easy access to Culver City, Miracle Mile, and major employment hubs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2 | 2,250 |
| Lot Size | 5,820 | 5,864 |
| Price | $1.20M | $826.7K |
| Price per sq ft | $598.0K | $395 |
| Built year | 1964 | 1925 |
| HOA | $0 | $0 |
| Days on market | 36 | 83 |
Jun 16, 2026
$1,196,000
Initial Listing
Jul 12, 2024
$1,085,000
Public Record