744 Ridgeley
Multifamily | 7 Units | $584,000/unit
Marketing description
Caskey Commercial Group is proud to present 744 Ridgeley Dr., a seven-unit multifamily opportunity located in the Miracle mile area, which happens to be one of Los Angeles’ most dynamic and sought-after submarkets. During the past few years, this area has become a highly desirable location for both residents and investors due to its geographic position, ongoing revitalization, and strong rental demand.
The combination of location, zoning, and income potential positions 744 Ridgeley Dr as a solid acquisition for multifamily investors, and seasoned portfolio builders. This offering underscores the ongoing strength of Miracle Miler market and provides an opportunity to acquire a well-located asset.
This is a rare chance to own a beautifully upgraded, income-producing 7-unit property in one of Los Angeles' most desirable rental markets. This charming Miracle Mile property blends architectural character with thoughtful modern updates—perfect for investors seeking peace of mind and long-term value. This is a turnkey investment since all 7-units are fully renovated from top to bottom.
Investment highlights
Excellent Unit Mix - 5 (2BR + 2BA) & 2 (1BR + 1BA) Units
All units are beautifully renovated in 2017 and have existing in-unit laundry
The façade is Classic French colonial Architecture
Location is very accessible and walkable to all transit including proximity to the new metro location
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