ActiveSingleFamilyResidence

1364 S Ridgeley

Los Angeles, CA, 90019

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$1,529,000

MLS: SR26048454

Beds

3

Baths

4

Sq Ft

1,581

Lot

0.14 ac

Year Built

1906

MLS #

SR26048454

Days on Market

46

Listed

Mar 5, 2026

Description

LUXURY REMODELED MID CITY/ MIRACLE MILE HOME with BRAND NEW PERMITTED ADU and A MOTIVATED SELLER! Ideal for Owner Occupied, multigenerational living, guest suite, or offset rental. PERFECT FOR AIRBNB with WORLD CUP and OLYMPICS around the corner!!! Live in one RENT FREE and Rent the Other! Main house may pay for your entire mortgage and even give you a POSITIVE CASH FLOW!!! Sellers may help to PAY partial or ALL BUYER'S CLOSING COSTS or HELP WITH THE RATE BUY DOWN. You may buy this wit as low as 5% DOWN... Ask and I will work hard to make it happen!!! A rare opportunity in the heart of Mid-Wilshire to own a fully reimagined residence with a newly built, fully permitted 1-Bedroom ADU - Perfect for generating income, hosting extended family, or creating a private retreat, with laundry in the bathroom! Beautifully HIGH END REMODELED main residence featuring: - 2 On-Suite bedrooms and one extra guest bathroom (total 3 bathrooms) - Designer finish with high end appliances and inside laundry area - Modern Kitchen with high end appliances with a separate inside laundry area - Walk-In Closet - Updated Systems - Move in condition - TURN KEY The newly constructed ADU has: - Private Entrance - It's own Private Back Yard - Parking - Full Kitchen - Full Bath - Security Cameras and other security features - IDEAL FOR AIR BNB - RENTAL INCOME, In-Laws, or Home Office - PROJECTED RENTAL INCOME MAY SIGNIFICANTLY OFFSET MONTHLY OWNERSHIP COSTS!!! Located NORTH of Pico blvd, its conveniently walking distance to Synagogues, churches, restaurants, grocery stores, the GROVE, LACMA, Metro access, and Central LA Lifestyle! Don't miss out on these beautiful homes! MOTIVATED SELLER SO SUBMIT YOUR OFFER TODAY!

Location

Los Angeles, Los Angeles County, CA 90019

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Listed by: Mazdak Sarehkhani · Mazdak Sarehkhani

Payment estimate

$10,921

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $152,900 · Loan: $1,376,100

%
Principal & Interest
$8,455
Property tax (1.25%)
$1,593
Homeowners insurance
$300
Mortgage insurance
$573
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $53,515 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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