2416 S Ridgeley Drive Los Angeles, CA 90016
Listing Courtesy of: CRMLS / Lyon Stahl Investment Real Estate, Inc. / Cameron Samimi - Contact:  310-259-7556

  2416 S Ridgeley Drive Los Angeles, CA 90016

Sold (109 Days)
$1,525,000 (USD)

Description

Opportunity to own in one of most rapidly

appreciating neighborhoods in all of Los Angeles! 2416

S Ridgeley Dr is a 6-unit apartment building situated in

the heart of flourishing West Adams. Currently

operating at a 5.37% CAP and 11.61 GRM, the subject

property is ideal for any investor looking for strong day

1 income with plenty of room to grow rents.

2416 S Ridgeley Dr is comprised of (6) 2-Bed/1-Bath

units - (1) Unit is currently vacant and (1) unit is a Sec.

8 tenant. There are (3) two-car garages spaces for a

total of 6 parking spots.

The subject property is only minutes from trendy

Downtown Culver City, Downtown Los Angeles and the

city's metro line. Renters will enjoy the proximity to the

10 , 405 and 110 freeways, making commuting in Los

Angeles a breeze. This is an excellent opportunity to

acquire an investment property with strong income

and future upside in rents and the neighborhood.

MLS #:
SB23189376
Lot Size
9,647 SQFT
Type
Multifamily
Year Built
1945
County
Los Angeles County

Listed By

Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., Contact: 310-259-7556
Bought with
Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
Source
CRMLS
Last checked Oct 11 2025 at 10:39 PM GMT+0000
Bathroom Details
Lot Information
  • 0-1 Unit/Acre
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 2
Additional Information: Lyon Stahl Investment Real Estate, Inc. | 310-259-7556
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.