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House Los Angeles (United States)by sotheby's international realty - beverly hills brokerage
Luxury house for sale in Los Angeles (United States) - White building facade, balconies, green garden
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HouseLos Angeles (United States)
Price :
$2,795,000
bedrooms15 land615 m²

1323 S Ridgeley Dr presents a rare opportunity to acquire a stable, income-producing asset with long-term upside potential. Affectionately nicknamed the Cash Cow, this property offers both abundant rental income and future growth opportunities. Built in 1958, this well-maintained two-story building features five spacious 3-bedroom, 2-bathroom units. The property has been thoughtfully cared for and improved over the years, featuring upgrades to three kitchens and four bathrooms, a recently renovated balcony, a completed retrofit, and fresh exterior paint. Each unit offers generous in-unit storage, its own designated parking space, access to a shared backyard seating area, and on-site laundry facilities. All contribute to strong tenant retention and reduced vacancy rates. The outdoor area also presents potential development opportunities (buyer to verify), adding further upside to an already solid investment. Situated near popular cafes, The Grove, restaurants, and neighborhood spas. In an area that continues to see increasing desirability, this property is well-positioned for sustained demand and appreciation. An exceptional addition to any investment portfolio, especially for those who are focused on cash flow and long-term growth.
Advertiser reference : 2QZ2Z2Le Figaro Properties reference : 99292929

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House Los Angeles (United States)

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Luxury house for sale in Los Angeles (United States) - White building facade, balconies, green garden
Bright living room with wooden floor, kitchen glimpsed in this luxury house for sale in Los Angeles ($2,795,000)
Modern kitchen with refrigerator and sink - Buy this luxury house in Los Angeles, 15 bedrooms
Prestige house for sale in Los Angeles (United States)
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Chloe Simon

sotheby's international realty - beverly hills brokerage
9665 Wilshire Blvd Ste 40090212 Beverly Hills (United States) All the listings of this agency

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Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner Sotheby’s International Realty to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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