1364 S Ridgeley, Los Angeles, CA 90019
1364 S Ridgeley, Los Angeles, CA 90019
1364 S Ridgeley, Los Angeles, CA 90019
1364 S Ridgeley, Los Angeles, CA 90019
1364 S Ridgeley, Los Angeles, CA 90019
1364 S Ridgeley, Los Angeles, CA 90019
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$ 1,425,000
Est. payment | /mo

6,033 Sqft Lot


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$ 1,425,000
Est. payment | /mo
Save

6,033 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26139000

HOA Y/N Yes

Year Built 1906

Lot Size 6,033 Sqft

Property Sub-Type Single Family Residence

Property Description

NEW PRICE — $1,425,000! SELLER IS MOTIVATED! LIVE IN ONE AND RENT THE OTHER! A unique opportunity to enjoy your own home while generating potential rental income from the separate ADU to help OFFSET YOUR MONTHLY MORTGAGE PAYMENT AND OWNERSHIP COSTS! Seller may also consider helping with BUYER'S CLOSING COSTS and/or an INTEREST RATE BUYDOWN with an acceptable offer. Ask about available financing options!

A rare opportunity in the heart of MID-CITY / MIRACLE MILE offering TWO SEPARATE LIVING SPACES — a beautifully remodeled 2-bedroom, 3-bathroom main residence PLUS a BRAND-NEW, FULLY PERMITTED 1-bedroom, 1-bathroom ADU — a total of 3 BEDROOMS + 4 BATHROOMS!

The beautifully remodeled MAIN RESIDENCE features TWO EN-SUITE BEDROOMS, each with its own private bathroom, PLUS a separate guest bathroom. Designer finishes, a modern kitchen with high-end appliances, inside laundry, walk-in closet, updated systems, and a turnkey interior make this home truly move-in ready.

The NEWLY CONSTRUCTED ADU offers tremendous flexibility with its own PRIVATE ENTRANCE, PRIVATE YARD, FULL KITCHEN, FULL BATH, LAUNDRY, PARKING, and security features. Live in the main residence and potentially rent the ADU, or choose the arrangement that works best for you. It's also ideal for extended family, guests, a private home office, or other permitted uses.

For an owner-user, the separate ADU creates the potential for MONTHLY RENTAL INCOME THAT MAY SIGNIFICANTLY OFFSET HOUSING EXPENSES, while still allowing you to enjoy the privacy of the main residence. For an investor or multigenerational household, the property's two independent living spaces provide exceptional flexibility.

Located NORTH OF PICO BLVD in a highly central Los Angeles location convenient to restaurants, grocery stores, houses of worship, LACMA, The Grove, Metro access, and everything the Mid-Wilshire/Miracle Mile area has to offer.

LIVE IN ONE. RENT THE OTHER. TWO RESIDENCES. 3 BEDROOMS. 4 BATHROOMS. BRAND-NEW PERMITTED ADU. NOW $1,425,000!

Don't miss this opportunity!

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Suburban, Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Back Yard, Front Yard

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction Yes

Others

HOA Fee Include Sewer

Senior Community No

Tax ID 5085033008

Acceptable Financing Cash, Conventional, FHA, Submit

Listing Terms Cash, Conventional, FHA, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Mazdak Sarehkhani Mazdak Sarehkhani 818-601-8215, DRE #01811455
Nearby Locations
Peter Lorimer

Making real estate fast, fun, and stress-free!

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1364 S Ridgeley