2415 S Ridgeley Dr, Los Angeles, CA 90016

6 beds, 6 baths, 3,024 sqft
For Sale
$619,000
Zestimate®: $653,820
Est. Mortgage:

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6 units great rental area. Tremendous upside potential on rents. Current rents are $3010 per month. Potential income $6,000+ per month. 1 bedroom 1 bath each unit. 2 buildings facing each other. Off street parking for 10 cars. All units are occupied. please do not disturb tenants. Offer subject to inspection.
Facts
  • Lot: 9,485 sqft
  • Single Family
  • Built in 1928
  • 25 days on Zillow
  • Cooling: None
  • Price/sqft: $205
  • MLS #: 13715257
Features
  • Parking: 10 spaces
    Appliances Included
    • Garbage disposal
    Construction
    • Roof type: Other
    • # Stories: 1.0
    • Structure type: Other
    • Unit count: 6
    Other
    • Floor size: 3,024 sqft
    • Heating: Gas
    • Zillow Home ID: 2110342865
    Home Values
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    $653,820
    +$15,151 Last 30 daysd
    $588K
    $758K
    Zestimate range
    Rent Zestimate What's this?
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,284/mo
    +$83 Last 30 daysd
    $1.3K
    $3K
    Zestimate range

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    Neighborhood for 2415 S Ridgeley Drive

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    Zillow predicts Mid City home values will rise 6.5% next year, compared to a 6.2% increase for Los Angeles as a whole. Among Mid City homes, this home is 11.2% less expensive than the midpoint (median) home, and is priced 54.1% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Mid City, the number of foreclosures waiting to be sold is 6.6% higher than in Los Angeles, and 66.5% greater than the national average. This higher local number may prevent Mid City home values from rising as quickly as other regions in Los Angeles.

    Learn more about forecast calculations or Mid City home values.
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