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2046 S Ridgeley Dr, Los Angeles, CA 90016

Sale Price: $1,000,000
Jun 19, 20251,000 sqft2 beds1 baths
Listed by: Raz Zadorian
License #: 01350028
Phone #: 818-240-4474
Rockwell Properties
Source:
CRMLS Logo
MLS #: GD25137833

Property Description

Investor Opportunity | LARD1.5 Zoning | Prime Mid-City Los Angeles | Rare development opportunity in the heart of Mid-City Los Angeles. This 2-bedroom, 1-bathroom home features approximately 1,000 sq. ft. of living space situated on a flat, rectangular 6,500 sq. ft. lot zoned LARD1.5—ideal for developers, investors, or builders looking to unlock maximum potential. The property includes a large private backyard and a substantial detached 2-car garage, perfect for ADU conversion or expansion. | Located near Culver City, Beverlywood, Baldwin Hills, and Mid-Wilshire. | Access to major transit corridors, shopping centers, schools, and vibrant dining options. With its favorable zoning and generous lot size, this is a prime value-add opportunity with potential for redevelopment or income-producing additions. | SOLD AS-IS. CASH OFFERS ONLY—a rare chance to capitalize in one of LA’s most sought-after growth areas. Don’t miss it.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,147

TurboHome Estimated Value

$952,400

$952 sqft

High Valuation
$1,000,020
$1000/sqft
Normal Valuation
$952,400
$952/sqft
Low Valuation
$904,780
$905/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$952/sqft$952,400

Neighborhood: Mid City

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Comparative Value

$775K

$802K

$850K

$895K

$925K

$1.00M

2214 S Spaulding Ave, Los Angeles, CA 90016

Sale Price: $775,000

Selected Comparable

2143 S Redondo Blvd, Los Angeles, CA 90016

Sale Price: $802,000

Selected Comparable

2619 S Mansfield Ave, Los Angeles, CA 90016

Sale Price: $850,000

Selected Comparable

2046 S Ridgeley Dr, Los Angeles, CA 90016

List Price: $895,000

Subject Property

1857 Clyde Ave, Los Angeles, CA 90019

Sale Price: $925,000

Selected Comparable

2046 S Ridgeley Dr, Los Angeles, CA 90016

Sale Price: $1,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2046 S Ridgeley Dr, Los Angeles, CA 90016

2046 S Ridgeley Dr, Los Angeles, CA 90016

List: $895,000

Listed: 6/19/2025

Area:1,000 sqft
Price/sqft:$895
Beds:2
Baths:1
Year Built:
Lot Size:6,500

Comparable Properties

COMPARABLE
Choose comps
2046 S Ridgeley Dr, Los Angeles, CA 90016

2046 S Ridgeley Dr, Los Angeles, CA 90016

Sale: $1,000,000

7/25/20250.00 mi

Area:1,000 sqft
Price/sqft:$1,000
Beds:2
Baths:1
Year Built:
Weight:26.0%
2619 S Mansfield Ave, Los Angeles, CA 90016

2619 S Mansfield Ave, Los Angeles, CA 90016

Sale: $850,000

12/31/20240.58 mi

Area:1,158 sqft
Price/sqft:$734
Beds:2
Baths:1
Year Built:
Weight:19.5%
1857 Clyde Ave, Los Angeles, CA 90019

1857 Clyde Ave, Los Angeles, CA 90019

Sale: $925,000

9/14/20240.37 mi

Area:1,184 sqft
Price/sqft:$781
Beds:2
Baths:1
Year Built:
Weight:19.1%
2143 S Redondo Blvd, Los Angeles, CA 90016

2143 S Redondo Blvd, Los Angeles, CA 90016

Sale: $802,000

5/9/20250.27 mi

Area:1,184 sqft
Price/sqft:$677
Beds:2
Baths:2
Year Built:
Weight:18.6%
2214 S Spaulding Ave, Los Angeles, CA 90016

2214 S Spaulding Ave, Los Angeles, CA 90016

Sale: $775,000

10/1/20240.46 mi

Area:1,348 sqft
Price/sqft:$575
Beds:2
Baths:1
Year Built:
Weight:16.8%

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