$1,999,000
2026 S Ridgeley, Los Angeles CA 90016
Multi-Family (Fourplex)
Property type
1 day
On market
$501
Price per sqft
0 cars
Garage
1924
Year built
5,928 sqft
Lot size
Open Houses
Overview
Exceptional investment opportunity in the highly desirable Mid-City neighborhood, north of the 10 Freeway. This well-maintained quadraplex property offers four individually metered mixed units. All units are fully leased with long-term tenants, providing stable, immediate rental income and future upside potential. The property has undergone substantial capital improvements...
Listing provided by: Amel Tata DRE #02042949, Beverly and Company
Listing updated: Jun 8, 2026 at 01:58pm.
Last checked: Jun 8, 2026 at 02:30pm
Source: CRMLS #SR26124123
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,362 | $2,362 | $2,700 | Negotiable |
| 1 | 3 | 1 | — | $1,412 | $1,412 | $3,000 | Negotiable |
| 1 | 1 | 1 | — | $919 | $919 | $2,100 | Negotiable |
| 1 | 3 | 2 | — | $2,808 | $2,808 | $3,500 | Negotiable |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Rent Control: Yes
Units Leased: 4
Financial Snapshot
Gross Rent Multiplier
22.2x
List Price / Annual Gross Rent
Cap Rate
3.83%
NOI / List Price
Gross Scheduled Income: $90,011
Operating Expense: $13,500
Net Operating Income: $76,511
Annual Operating Expenses
Insurance: $4,500
Trash: $0
Interior
Appliances: Dryer, Washer
Laundry: Common Area, Dryer Included, Washer Included
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One, Two
Common Walls: Two Common Walls Or More
Lot Features: Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Covered, Driveway, Paved
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5063018006
Additional Parcels: No
Tax Lot: 6
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks, Urban
Nearby Schools
Nearby schools around the 2026 S Ridgeley, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,599,200
Total Interest
$2,039,691
Total Payment
$3,638,891
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,340
per month
Property History for 2026 S Ridgeley
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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