$685,000
SOLD NOV 27, 2024
3 Beds
1 Bath
800 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$856 Per Sq Ft

2% Below List Price

30 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Bungalow
  • Ceiling Fan

About This Home

As of November 2024

Welcome to 2907 South Ridgeley Drive, where "small but mighty" takes on a whole new meaning! This 3-bedroom, 1-bathroom bungalow packs a punch with 800 square feet of cozy living space. Situated on a 3,000 square foot lot, this home offers potential for those seeking to create their own vision. Channel your inner developer with the property's LARD1.5 zoning, offering lots of possibilities for expansion or redevelopment. Location, location, location! Centrally located in the West Adams area, this home is situated on a quiet cul-de-sac. Enjoy the convenience of being close to Tartine, Fleurs et Sel, Vicky's All Day, Delicious Pizza, Alta Adams, Vee's, Antiqua, The Gathering Spot, Chulita's, Hills & Heights Pilates, Red Rooster, Normandie Bakery, Cento, Cheeks & Co, Whole Foods, Open Face Sandwich Shop, and Hya. Additionally, the property is near the Metro, Culver City, and DTLA, as well as Kenneth Hahn Park & Baldwin Hills Scenic Overlook and the Park to Playa bike path.

Last Agent to Sell the Property

Carlos Alvarado

Compass License #02022007 Listed on: 09/10/2024

Compass

Co-Listed By

Yvette Millman

Compass License #02059088

Last Buyer's Agent

KEVIN GOLD

SERV CORP License #02122996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1915

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 40x75
  • Property is zoned LARD1.5

Home Design

  • Bungalow

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Located Outside
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5043-022-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,494

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 800
  • Lot Acreage: 0.0689
  • Lot Dimensions: 40x75
  • Stories: 1
  • Year Built: 1915
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 873.75

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5043-022-020
  • Lot Size Area: 3000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Nov 16, 2024
Sold by
Bernal Margarito and Morales Elisa B
Bought by
2907 Ridgeley Llc
Seller's Agent
Carlos Alvarado
Compass
Buyer's Agent
KEVIN GOLD
SERV CORP
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$44,860
Interest Rate
6.44%

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bernal Margarito
Bought by
Bernal Margarito and Morales Elisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2000
Sold by
Bankers Trust Company
Bought by
Bernal Margarito and Morales Elisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,853
Interest Rate
7.81%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Edwards Alfred V
Bought by
Greenwich Capital Acceptance Inc Series

Purchase Details

Closed on
Nov 4, 1997
Sold by
Edwards Alfred V
Bought by
Edwards Alfred and Edwards Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.23%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $685,000 Consumers Title Company
Grant Deed $685,000 Consumers Title Company
Interfamily Deed Transfer -- --
Grant Deed $135,000 Fidelity Title
Trustee Deed $85,000 Stewart Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $44,860 No Value Available
Open $626,499 Construction
Closed $626,499 Construction
Previous Owner $141,500 Purchase Money Mortgage
Previous Owner $130,853 No Value Available
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $939,000 0.0% $921 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $939,000 -0.6% $921 / Sq Ft
06/05/2025 06/05/25 For Sale $945,000 +38.0% $926 / Sq Ft
11/27/2024 11/27/24 Sold $685,000 -2.0% $856 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $699,000 -- $874 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,494 $199,265 $146,094 $53,171
2023 $2,450 $195,359 $143,230 $52,129
2022 $2,342 $191,529 $140,422 $51,107
2021 $2,307 $187,774 $137,669 $50,105
2019 $2,238 $182,207 $133,587 $48,620
2018 $2,190 $178,635 $130,968 $47,667
2016 $2,089 $171,700 $125,883 $45,817
2015 $2,058 $169,122 $123,993 $45,129
2014 $2,073 $165,810 $121,565 $44,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-437257

The MLS

APN: 5043-022-020