- 0
- 4
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$1,875,000
Monthly Est:$9,333
16 Beds
8 Baths
7,152sqft
2325 S Ridgeley Dr, Los Angeles, CA 90016
$1,875,000
$9,333/moEst:
Get Pre-Approved
Multi Family
Built in 1965
$-- HOA
9,500 sqft lot
$262/sq.ft
Description
Price Reduction! Large 7,152 SF 8-Unit value-add building cash flowing at a Current 4.25% Cap Rate with a whopping 100% upside to a 10.6% Cap on Proforma! Attractively priced at only 234k/unit for entirely 2-bedroom units and only $262/SF. Large 9,500 SF lot with plans to add 8 detached ADUs to achieve an incredible 12.8% Current Cap Rate, 19% Proforma Cap, 161k/unit, and only $258/SF after taking into account all the construction costs (~715k assuming $250/SF). The exterior of the property has undergone detailed renovations and features on-site parking as well as an updated laundry room. Electricity and gas are individually metered which minimizes operating expenses. Pri...
Continue Reading- Houzeo last checked: 1 minute ago
- Listing updated: September 8, 2026 at 7:14 am
- Source: California Regional MLS-CA | MLS#: 26925063
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
7,152 sqft
Lot Size
9,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26925063
MLS Status
Active
Days on Market
18
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Interior
Heating
Wall Furnace
Utilities & Energy
Parking Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
07/31/2026 Source: | Price Decreased | $1,875,000 -3.85% $262/sqft |
07/01/2026 Source: | Listed for Sale | $1,950,000 +4.00% $273/sqft |
07/01/2026 Source: | Off Market | $1,875,000 +56.25% $262/sqft |
12/09/2025 Source: | Sold | $1,200,000 +33.33% $168/sqft |
12/09/2025 Source: | Price Decreased | $900,000 -25.00% $126/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Los Angeles, CA
Nearby New Homes For Sale
Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 07:00PM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
Love this home?
Here's 4 things you can do
Your local real estate expert. Speak directly with agent about the home & pricing.
Book your private tour
as early as Today at 05:30 PM
Rates starting from 6.3%. Secure financing early to move quickly when you're ready.
Fastest way to get your offer in. Speak directly with agent to negotiate the offer.
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
