Address not provided Los Angeles, CA $ 1,895,000
Address not provided
$ 1,895,000
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Address not provided

Los Angeles, CA, 90016
$ 1,895,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,088

MLS #/Web ID: 0026874421 - Image 1
MLS #/Web ID: 0026874421 - Image 2
MLS #/Web ID: 0026874421 - Image 3
MLS #/Web ID: 0026874421 - Image 4
MLS #/Web ID: 0026874421 - Image 5
MLS #/Web ID: 0026874421 - Image 6
MLS #/Web ID: 0026874421 - Image 7
MLS #/Web ID: 0026874421 - Image 8
MLS #/Web ID: 0026874421 - Image 9
MLS #/Web ID: 0026874421 - Image 10
MLS #/Web ID: 0026874421 - Image 11

Commercial Property for sale in Los Angeles, CA

for $1,895,000. This building was built in 1957.

2027 S Ridgeley Dr is a multifamily property constructed in 1957 on a 9,712 square foot lot, with a total building size of 5,838 square feet. The property features a favorable, balanced unit mix of 4 two-bedroom/ one-bathroom units and 4 one-bedroom/one-bathroom units, along with laundry facilities and 8 on site parking spaces, a meaningful amenity in a submarket where on-site laundry and off-street parking is limited. The property currently will have only one vacancy effective October 1, 2026, providing a buyer with immediate, stabilized cash flow at close of escrow. A new owner can capitalize on this stability while positioning for long-term rent growth as natural turnover occurs in a submarket where new competitive supply remains constrained. Situated in Mid-City, 2027 S Ridgeley Dr benefits from excellent connectivity, with direct access to the I-10 Freeway and multiple nearby Metro bus stops connecting residents to Downtown Los Angeles, Culver City, and the greater Westside. The surrounding neighborhood offers convenient proximity to the retail and dining corridors along La Cienega and Pico Boulevards, adding to the property's appeal for a broad renter base.

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Commercial Active

Price

$ 1,895,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026874421

Features
General
Heating Wall Furnace
Zoning LARD1.5
Security Features Automatic Gate
Year Built 1957
County Los Angeles
Property Type Commercial Sale
Status Active
City Los Angeles
MLS Area C16 - Mid Los Angeles
Standard Status Active
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Interior
Total Stories 2
Heating Y/N true
Laundry Features Laundry Equipment Own Lease Community
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 9715
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* Excluded Features
List By
Jenny Eng

Listing Agent

Cbre

Broker

jenny.eng@CBRE.com

Email

Affordability Calculator

$13,088
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,088
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.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$1,895,000 -2.77% Price Down
10/1/2026$1,949,000 -2.31% Price Down
8/19/2026$1,995,000 Listed Price

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