Est. cap rate

2.9%

Assumed rent, all units

$5,760/mo

Units

2

Price per unit

$600,000

Est. annual NOI

$34,560

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

4

Building size

1,420 sqft

Lot size

5,257 sqft

Year built

1928

Stories

1

Garage spaces

1

Cooling

Central Air,Ductless

Pool

None

View

City Lights

Status

Active

Days on market

1

MLS #

241079922

About this property

REMODELED HOME DUPLEX IN PRIME LOCATION. Welcome to 1630 S Ridgeley Dr — a beautifully remodeled property featuring a spacious main home and a fully upgraded ADU, ideally located near Miracle Mile with easy access to Culver City, Downtown Los Angeles, and Beverly Hills. The main residence offers approximately 920 sq ft of thoughtfully designed living space, featuring 2 bedrooms and 2 bathrooms. As you enter, you’re greeted by abundant natural light and an open-concept layout that seamlessly connects the living room and kitchen—perfect for both everyday living and entertaining. The kitchen is equipped with marble countertops, a breakfast bar, white shaker cabinets, and stainless steel appliances including a gas range and dishwasher. Additional upgrades include recessed lighting, engineered wood flooring, and laundry hookups. The primary suite serves as a private retreat with a beautifully finished en-suite bathroom and ample closet space. The detached ADU spans approximately 646 sq ft and offers 2 bedrooms and 2 bathrooms, making it ideal for rental income, extended family, or a work-from-home setup. This fully remodeled unit includes its own kitchen, updated bathrooms, spacious closets, and air conditioning for year-round comfort. The property also features a 1-car detached garage with a barn-style door and a long driveway providing ample parking. A rare opportunity to own a turnkey home with strong income potential in a highly sought-after central Los Angeles location. Property is fully occupied. Please do not disturb occupants. Shown with accepted offer.

Location

1630 S Ridgeley

Los Angeles, Los Angeles, CA, 90019