$1,000,000
SOLD JUL 25, 2025

2046 S Ridgeley Dr Los Angeles, CA 90016

Mid-City Neighborhood
2 Beds
1 Bath
1,000 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$1,000 Per Sq Ft

12% Above List Price

5 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Laundry Room
  • Bonus Room
  • Cooling Available
  • 2 Car Garage

About This Home

As of July 2025

Investor Opportunity | LARD1.5 Zoning | Prime Mid-City Los Angeles | Rare development opportunity in the heart of Mid-City Los Angeles. This 2-bedroom, 1-bathroom home features approximately 1,000 sq. ft. of living space situated on a flat, rectangular 6,500 sq. ft. lot zoned LARD1.5—ideal for developers, investors, or builders looking to unlock maximum potential. The property includes a large private backyard and a substantial detached 2-car garage, perfect for ADU conversion or expansion. | Located near Culver City, Beverlywood, Baldwin Hills, and Mid-Wilshire. | Access to major transit corridors, shopping centers, schools, and vibrant dining options. With its favorable zoning and generous lot size, this is a prime value-add opportunity with potential for redevelopment or income-producing additions. | SOLD AS-IS. CASH OFFERS ONLY—a rare chance to capitalize in one of LA’s most sought-after growth areas. Don’t miss it.

Last Agent to Sell the Property

Raz Zadorian

Rockwell Properties Brokerage Phone: 818-482-0848 License #01350028 Listed on: 06/19/2025

Last Buyer's Agent

Raz Zadorian

Rockwell Properties Brokerage Phone: 818-482-0848 License #01350028 Listed on: 06/19/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,500 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Rain Gutters
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 4187
  • Assessor Parcel Number 5063019001
  • $312 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5063019001
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1000.00
  • Room Type: Bonus Room

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2184.00
  • Tax Lot: 9
  • Tax Tract Number: 4187
  • TaxOtherAnnualAssessmentAmount: 312.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Jun 25, 2025
Sold by
Arthur O Moss Separate Property Trust and Jackson Alicia
Bought by
Zohar Company Llc
Seller's Agent
Raz Zadorian
Rockwell Properties
Buyer's Agent
Raz Zadorian
Rockwell Properties
List Price
$895,000
Sold Price
$1,000,000
Premium/Discount to List
$105,000
11.73%
Views
4
Current Estimated Value
$1,095,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,064
Avg. Annual Appreciation
22.92%
Original Mortgage
$112,500
Outstanding Balance
$112,114
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$982,950

Purchase Details

Closed on
Dec 10, 2021
Sold by
Moss Arthur O
Bought by
Arthur O Moss Separate Property Trust

Purchase Details

Closed on
Mar 27, 2006
Sold by
Moss Arthur O
Bought by
Moss Arthur O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 21, 2005
Sold by
Moss Arthur O
Bought by
Moss Arthur O and The Arthur O Moss Separate Property Tr

Purchase Details

Closed on
Dec 30, 1997
Sold by
Moss Arthur
Bought by
Moss Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
7.16%

Purchase Details

Closed on
Feb 24, 1992
Sold by
Singleton Ella
Bought by
Moss Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
9.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $1,000,000 First American Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $48,500 No Value Available
Previous Owner $17,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $1,000,000 +11.7% $1,000 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $895,000 -- $895 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $705 $40,878 $27,428 $13,450
2024 $705 $40,078 $26,891 $13,187
2023 $699 $39,293 $26,364 $12,929
2022 $679 $38,524 $25,848 $12,676
2021 $663 $37,770 $25,342 $12,428
2020 $665 $37,384 $25,083 $12,301
2019 $649 $36,652 $24,592 $12,060
2018 $531 $35,934 $24,110 $11,824
2016 $500 $34,541 $23,175 $11,366
2015 $494 $34,023 $22,827 $11,196
2014 $507 $33,357 $22,380 $10,977
Source: Public Records

Agents Affiliated with this Home

  • Raz Zadorian

    Seller's Agent in 2025

    Raz Zadorian

    Rockwell Properties

    (818) 482-0848

    1 in this area

    52 Total Sales

    Raz Zadorian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25137833

California Regional Multiple Listing Service (CRMLS)

APN: 5063-019-001

California Los Angeles County Los Angeles 90016 Mid-City

2046 S Ridgeley Dr, Los Angeles, CA

Sold

Detached

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