1303 S Ridgeley Dr, Los Angeles, CA 90019
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1303 S Ridgeley Dr Los Angeles, CA 90019

$1,900,000 Sold Price as of 11/02/2021
  • 6 Beds
  • 4.5 Baths
  • 4,684 Sq.Ft.
Sold
$1,900,000 Sold Price as of 11/02/2021 Refinance Your Mortgage

Map preview of 1303 S Ridgeley Dr, Los Angeles, CA 90019

Property Overview: 1303 S Ridgeley Dr Los Angeles, CA has 6 bedrooms, 4.5 bathrooms, 4,684 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully Maintained 1930's Corner Triplex! Each unit is a 2 Bed/1.5 Bath upstairs and downstairs style townhouse approx. 1,500 – 1,600 SF each. Living Room has fireplace with beamed ceiling. Dining Room has deco plaster ceiling details. Kitchen with Stove, Pantry, Laundry Room containing W/D Hookups, and Half Bathroom are on the 1st Floor. Upstairs are two spacious Bedrooms both with two closets each. Balcony doors overlook the manicured front and side yards. Vintage full Bathroom with separate stall shower and deco tile. Backyard has covered patio and BBQ area. Each unit offers tons of storage, up to nine closets, and is located on a lovely tree lined street in the desirable "Wilshire Vista Heights" neighborhood. Possible ADU Potential (Check with City and DWP). Other Triplex Addresses Include: 5454 and 5456 Packard Street.

Listed by GRAYLAN JONES | BRE #01729234 | Notti Collection, Incorporated
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1936
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
IV21212959
City
Los Angeles
County
Los Angeles
Time on Site
964 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,173
  • Total Rent: $2,173
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.67
  • Gross Scheduled Income: $58,476
  • Net Operating Income: $41,549
  • Gross Operating Income: $58,476
Annual Expense Breakdown
  • Total Operating Expense: $16,927
  • Trash: $0
  • Insurance: $7,164
  • Water/Sewer: $1,570

Virtual Tour

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Property Details for 1303 S Ridgeley Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Kitchen, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Decorative
Room Information
  • Flooring: Tile, Wood
  • All Bedrooms Up, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator, Water Heater
Interior Features
  • Balcony, Beamed Ceilings, Pantry
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Rain Gutters, Sump Pump
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Single Door, Garage - Two Door, Garage Door Opener
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 3
  • Parcel Number: 5085032045
  • Year Built Source: Assessor
  • Architectural Style: Colonial
  • Entry Level: 1
  • Foundation Details: Pillar/Post/Pier
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On the corner of Ridgeley and Packard. South of San Vicente. North of Pico. Just East of Hauser.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
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Sale History for 1303 S Ridgeley Dr

Last sold for $1,900,000 on November 2nd, 2021
  • November, 2021

  • Nov 3, 2021

    Date

    Sold

    CRMLS: IV21212959

    $1,900,000

    Price

  • Sep 26, 2021

    Date

    Active

    CRMLS: IV21212959

    $1,975,000

    Price

  • December, 2020

  • Dec 22, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2019

  • May 3, 2019

    Date

    Leased

    CRMLS: 19448802

    $2,700

    Price

  • Apr 5, 2019

    Date

    Pending

    CRMLS: 19448802

    $2,700

    Price

  • Mar 28, 2019

    Date

    Active

    CRMLS: 19448802

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Beautifully Maintained 1930's Townhouse! Living Room has fireplace with beamed ceiling. Dining Room has deco plaster ceiling details. Kitchen has Refrigerator, Stove, Microwave, Pantry, and Laundry Room with Washer/Dryer included. A Bathroom is on the 1st floor. Upstairs are two spacious Bedrooms both with two closets each. North Bedroom has balcony and doors that overlook the manicured front yard. Vintage full Bathroom with separate stall shower and deco tile. No pets. This unit offers tons of storage, nine closets, and is located on a lovely tree lined street in desirable "Wilshire Vista" neighborhood.

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Tax History for 1303 S Ridgeley Dr

Assessed Value (2020): $144,317
Year Land Value Improved Value Assessed Value
2020 $68,346 $75,971 $144,317

Home Value Compared to the Market

This property vs the competition

1303 S Ridgeley Dr sold on November 2, 2021 for 65.97% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $421.65 per/sqft which puts the price per square foot 44.15% lower than the current median sale per square foot for the city of Los Angeles.

About 1303 S Ridgeley Dr

Detailed summary of property

1303 S Ridgeley Dr is a triplex that recently sold in Los Angeles, CA 90019. This triplex offered 6 bedrooms, 4.5 bathrooms, roughly 4,684 living square feet, and sits on an approximately 6,750 square foot lot. 1303 S Ridgeley Dr was first listed on ArdentRealEstateGroup.com on September 29, 2021. The homeowner sold the property for $1,900,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 65.97% higher than the current median priced home. Local homes that are currently for sale include 1296 S Citrus Ave, 1012 S Sycamore Ave and 1852 S La Brea Ave. While the average home in Los Angeles, CA is selling in 92 days, 1303 S Ridgeley Dr has a days on market of 15 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1303 S Ridgeley Dr Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1303 S Ridgeley Dr

Public county record property details
Beds
6
Baths
6
Year built
1936
Sq. Ft.
4,684
Lot Size
6,749
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5085-032-045

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1303 S Ridgeley Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.