1364 S Ridgeley
Los Angeles, CA, 90019 $ 1,399,000
Bedrooms-- Baths1.0 Sq 1,581 Monthly Estimate*
$ 9,663
Listed by Mazdak Sarehkhani, Mazdak Sarehkhani, MSarehkhani@gmail.com
for $1,399,000 with 1 full bath. This 1,581 square foot home was built in 1906 on a lot size of 0.1385.
NEW PRICE — $1,399,000! 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!
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
HOA Fee 0
Garage Spaces 0
Association Fee Includes Sewer
Pool Features None
Year Built 1906
Tenant Pays All Utilities
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 120000
Community Features Suburban Sidewalks
County Los Angeles
Net Operating Income 97500
Operating Expense 22500
Insurance Expense 200
New Construction true
Property Type Residential Income
HOA true
Energy Efficient Appliances
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions NORTH OF PICO
City Los Angeles
Association Name 0
Entry Location 0
Senior Community Y/N false
Number Of Units Total 2
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6034
Listing Terms Cash Conventional FHA Submit
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 100
Fuel Expense 0
Trash Expense 50
Water Sewer Expense 150
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 160
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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ExteriorLot Features Back Yard Front Yard
Water Source Public
Total Parking 0
Lot Size Area 6034
Number of Buildings 2
Building Area Total 1581
Lot Size Acres 0.1385
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByMazdak SarehkhaniListing Agent
MSarehkhani@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,663
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,927,474
Percent of Sale Price 38%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2026 | $1,399,000 | -1.82% | Price Down |
| 8/29/2026 | $1,425,000 | -3.39% | Price Down |
| 6/25/2026 | $1,474,990 | | Listed Price |