NOT LISTED FOR SALE

2244 S Ridgeley Dr Los Angeles, CA 90016

Mid-City Neighborhood
9 Beds
7 Baths
5,055 Sq Ft
9,594 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $1,630,000 $322 Per Sq Ft

69 Days on Market

About This Home

As of May 2021

HUGE UPSIDE. DELIVERED FULLY VACANT. Pleased to present the opportunity to acquire 2244 Ridgeley. 2244 Ridgeley is a 5,055 SQ. FT 5 unit apartment building with the potential of converting the garage to an ADU, located in the gentrifying Mid-City neighborhood of Los Angeles. This complex was built in 1977 and sits on an 9,594 SQ. FT Lot Zoned RD-1.5. The property positions itself to offer an investor a value-add 5 unit apartment building that WILL BE DELIVERED FULLY VACANT, with a low cost per square foot basis, high pro-forma CAP and future redevelopment opportunity due to lot size. This well located property is centrally located and finds itself located near an abundance of amenities and businesses. Easy access to the 10 FWY, DTLA, Culver City, Beverly Hills, Santa Monica and more!

Last Agent to Sell the Property

Daniel Kohanbash

Keller Williams Beverly Hills License #02046316 Listed on: 02/09/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Daniel Kohanbash

Keller Williams Realty Westside License #02046316

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,594 Sq Ft Lot
  • West Facing Home

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 5,055 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Community Details

  • 2 Buildings
  • 5 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5055
  • Price Per Unit: 242000.00
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 2
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 336.30

Exterior Features

  • Direction Faces: West
  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Description: 2-4 Lots
  • Lot Size Area: 9594

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 11.80
  • Number Of Units: 5
  • Total Annual Expense: 48960
  • Type Of Units: Low Rise
  • Vacancy Rate: 100%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $1,630,000 -4.1% $322 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,700,000 -- $336 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Kohanbash

    Seller's Agent in 2021

    Daniel Kohanbash

    Keller Williams Beverly Hills

    (310) 770-6247

    6 in this area

    16 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-685246

The MLS

California Los Angeles County Los Angeles 90016 Mid-City

2244 S Ridgeley Dr, Los Angeles, CA

This home is located at 2244 S Ridgeley Dr, Los Angeles, CA 90016 since 09 February 2021. 2244 S Ridgeley Dr is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Susan Miller Dorsey Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes