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744 S RIDGELEY Drive, Los Angeles, CA 90036

Property · 2 recorded sales since 2015

744 S RIDGELEY Drive, Los Angeles, CA 90036 Sold February 2017 CRMLS
$2,850,000Sold February 2017

Listing Agent: Kenny Stevens (DRE #01090251) · Listing Office: Concord Real Estate Service · Contact: 310-551-0660 · Bought with: Greg Schoch · Keller Williams Studio City · MLS #16182132 · Source: CRMLS

8,574 sqft
Lot Size
1937
Year Built
Property
Type
SeeRemarks
Cooling

About this property

A 8,574 SF LAR4 lot with future development potential in highly desirable Miracle Mile location near LACMA, The Grove, and future Metro Purple Line! Situated just south of Wilshire Blvd, this property consists of four large 1 +1 units, one studio and one large 2+2 unit that may be ideal for owner user. All rents are well below market with approximately 42% upside potential. Four units were tastefully renovated and remodeled with hard wood floors, new custom kitchen with new appliances, new bathrooms and beautifully restored original crown mouldings. Copper plumbing, electrical (400 amps) and HVAC were recently updated. Brand new reinforced roofs on the 2 garage buildings with 6 parking spaces. Units are separately metered for gas and electricity with individual new water heaters for each unit.

Listing description from the February 2017 sale, as reported to CRMLS.

Sale history

$2,850,000
Sold February 2017 · listed $2,900,000, on market November 2016 · MLS #16182132 · Source: CRMLS
Listing Agent: Kenny Stevens · Listing Office: Concord Real Estate Service · Contact: 310-551-0660 · Bought with: Greg Schoch · Keller Williams Studio City
$2,450,000
Sold November 2015 · listed $2,485,000, on market July 2015 · MLS #15919437 · Source: CRMLS
Listing Agent: Susan Lau · Listing Office: Coldwell Banker Residential Br · Contact: 310-820-6651 · Bought with: Greg Schoch · Keller Williams Studio City
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