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Investment Highlights

  • Anywhere from 22 to 55 unit development potential - buyer to verify
  • Covered land play development site
  • Four (4) single car garages
  • Preliminary development plans available on request
  • Existing income available - contact broker

Executive Summary

5 Units - Four 1 + 1 units and one studio
Building: ± 2,661 SF
Land: ± 9,466 SF

Property Facts

Price $2,649,550 CAD
Price Per Unit $529,910 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 2,661 SF
No. Stories 1
Year Built 1939
Parking Ratio 1.5/1,000 SF
Opportunity Zone Yes
Zoning LARD1.5 - Restricted Density Multiple

Amenities

Unit Amenities

  • Disposal
  • Fireplace
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Yard
  • Breakfast Nook
  • Garden
  • Patio

Site Amenities

  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Gated
  • Pet Play Area
  • Storage Space
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 4 - -
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5063-024-002
Land Assessment
$1,735,868 CAD
Improvements Assessment
$233,964 CAD
Total Assessment
$1,969,832 CAD
  • Listing ID: 35204678

  • Date on Market: 2025-03-20

  • Last Updated:

  • Address: 2243 S Ridgeley Dr, Los Angeles, CA 90016

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