1333 S Ridgeley Dr, Los Angeles, CA 90019
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1333 S Ridgeley Dr Los Angeles, CA 90019

$1,200,000 Sold Price as of 03/21/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,200,000 Sold Price as of 03/21/2023 Refinance Your Mortgage

Map preview of 1333 S Ridgeley Dr, Los Angeles, CA 90019

Property Overview: 1333 S Ridgeley Dr Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,616 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Priced at land value. Seller will provide RTI/"shovel ready" well designed plans to build approximately a 4,564 SF Side by Side Modern Duplex (3+2.5+ Loft ea.) in Miracle Mile. Project is SB8 Approved and is designed for individual resale with a Condo map/Parcel Map in mind. Pro-Forma for rents are $8000/mo per unit x2 = $16,000/mo and a resale value of $1,850,000 each x 2 = $3,700,000. - Delivered Vacant! SECOND OPPORTUNITY- Buyer to amend sellers plans to add 2 x 2 story ADU's in the back to build a 4 unit rental property with projections of $23,000/mo in gross rental income- Buyer to verify.

Listed by Michael Kafaei | BRE #01373161 | Keller Williams Beverly Hills
Last checked: 12 minutes ago | Last updated: March 28th, 2023 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
6,616
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
23239263
City
Los Angeles
County
Los Angeles
Time on Site
450 days

Property Details for 1333 S Ridgeley Dr

Lot Details / Garage and Parking
Property Information
  • Has View
  • Parcel Number: 5085032038
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Pico, South of San Vicente.
View more facts & features

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Sale History for 1333 S Ridgeley Dr

Last sold for $1,200,000 on March 21st, 2023
  • March, 2023

  • Mar 21, 2023

    Date

    Sold

    CRMLS: 23239347

    $1,200,000

    Price

  • Feb 6, 2023

    Date

    Active

    CRMLS: 23239347

    $1,225,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2023

  • Mar 21, 2023

    Date

    Sold

    CRMLS: 23239263

    $1,200,000

    Price

  • Feb 6, 2023

    Date

    Active

    CRMLS: 23239263

    $1,224,900

    Price

  • October, 2021

  • Oct 7, 2021

    Date

    Hold

    CRMLS: 21781500

    $999,997

    Price

  • Sep 10, 2021

    Date

    Active Under Contract

    CRMLS: 21781500

    $999,997

    Price

  • Sep 8, 2021

    Date

    Active

    CRMLS: 21781500

    $999,997

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET - BUYER DID NOT PERFORM. A Prime Mid-City location, this DIAMOND IN THE ROUGH Craftsman home is centrally located to shopping centers, Downtown L.A., Shopping , Restaurants and many entertainment places. Easy to public transportation and access to 10 and 110 Freeways. This Property is a SPLENDID opportunity to either renovate and expand or build multiple homes. Zoned R2, this home sits on large lot 6,616 surrounded by similar size lots which are either duplexes, triplexes or fourplexes. This Great Development opportunity awaits you - transform this well positioned property into either a grand Craftsman or Modern home with a pool that includes a guest house OR Build Two detached homes or build a Multi-Family Apartment Building. Buyer to perform own due diligence regarding zoning, permits and etc. PRESENTING ALL OFFERS 12/8/2021. No Interior inspection available before the close of escrow. Buyer to purchase with occupants "Tenant At Will" in possession and no Cash for Agreement Contingency.

  • September, 2021

  • Sep 14, 2021

    Date

    Canceled

    CRMLS: 21777890

    $999,997

    Price

  • Sep 8, 2021

    Date

    Withdrawn

    CRMLS: 21777890

    $999,997

    Price

  • Sep 7, 2021

    Date

    Hold

    CRMLS: 21777890

    $999,997

    Price

  • Aug 28, 2021

    Date

    Active

    CRMLS: 21777890

    $999,997

    Price

  • Listing provided courtesy of CRMLS

    A Prime Mid-City location, this DIAMOND IN THE ROUGH Craftsman home is centrally located to shopping centers, Downtown L.A., Shopping , Restaurants and many entertainment places. Easy to public transportation and access to 10 and 110 Freeways. This Property is a SPLENDID opportunity to either renovate and expand or build multiple homes. Zoned R2, this home sits on large lot 6,616 surrounded by similar size lots which are either duplexes, triplexes or fourplexes. This Great Development opportunity awaits you - transform this well positioned property into either a grand Craftsman or Modern home with a pool that includes a guest house OR Build Two detached homes or build a Multi-Family Apartment Building. Buyer to perform own due diligence regarding zoning, permits and etc. PRESENTING ALL OFFERS AFTER 9/5.

  • April, 1995

  • Apr 28, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1333 S Ridgeley Dr

Assessed Value (2020): $51,051
Year Land Value Improved Value Assessed Value
2020 $43,911 $7,140 $51,051

Home Value Compared to the Market

This property vs the competition

1333 S Ridgeley Dr sold on March 21, 2023 for 2.93% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1333 S Ridgeley Dr

Detailed summary of property

1333 S Ridgeley Dr is a land that recently sold in Los Angeles, CA 90019. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,616 square foot lot. 1333 S Ridgeley Dr was first listed on ArdentRealEstateGroup.com on February 7, 2023. The homeowner sold the property for $1,200,000. 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 2.93% higher than the current median priced home. Local homes that are currently for sale include 7803 Torreyson Dr, 415 N La Fayette Park Pl and 2521 Nottingham Ave. While the average home in Los Angeles, CA is selling in 96 days, 1333 S Ridgeley Dr has a days on market of 23 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1333 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 1333 S Ridgeley Dr

Public county record property details
Beds
4
Baths
1
Year built
1924
Sq. Ft.
1,564
Lot Size
6,616
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5085-032-038

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
$1,675,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
59
Median Sale to List Price %
93.57%
Avg Days on Market
38
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (15.38%)

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Related Resources to 1333 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.