CBRE is proud to exclusively present 2027 S Ridgeley Dr in the Mid-City submarket of Los Angeles. Positioned in a centrally located, high-connectivity pocket of the city, this property offers investors a rare opportunity to acquire a stabilized multifamily asset in one of Los Angeles’ most accessible submarkets.
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 is currently 100% occupied, 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.