PendingSingleFamilyResidence

1572 S Ridgeley

Los Angeles, CA, 90019

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$1,090,000

MLS: SR26042815

Beds

4

Baths

3

Sq Ft

1,866

Lot

0.12 ac

Year Built

1928

MLS #

SR26042815

Days on Market

25

Listed

Mar 19, 2026

Description

Welcome to 1572 S Ridgeley Drive, a beautifully maintained property offering the charm of a single-family home with the added benefit of an income-producing guest house, ideally located in the heart of Los Angeles. Set on a generous 5,400 sq ft lot, the property is framed by thoughtfully curated landscaping, mature fruit trees, and inviting outdoor spaces that enhance its warm curb appeal. The main residence features 3 bedrooms and 2 bathrooms across approximately 1,400 sq ft, blending classic architectural character with thoughtful updates. The bright living room showcases arched dual glazed windows that reflect the home’s timeless Spanish style, while a sunny breakfast nook with additional arched windows creates the perfect place to start the day. The spacious primary suite offers a large bedroom with separate driveway access, creating excellent flexibility for guests, extended family, a home office, or potential rental use. The main house also enjoys a charming front yard with a brick patio, an ideal setting for morning coffee or relaxing evenings outdoors. A two-car garage and expansive driveway provide generous off-street parking. Above the separate garage sits the guest house (ADU), offering approximately 476 sq ft with 1 bedroom and 1 bathroom. The ADU includes its own private yard, one-car garage, and separately metered gas and electricity, providing excellent independence from the main home. Currently leased for $1,903.21 per month, it delivers immediate income while maintaining strong long-term rental potential. Convenient permit street parking helps ensure reliable parking for residents and guests alike. Ideally located with easy access to the 10 Freeway adjacent to Picfair Village, the property sits just minutes from some of Los Angeles’ most iconic destinations including The Grove, Original Farmers Market, and LACMA, as well as popular dining spots such as Alta Adams and Republique. A rare opportunity to own a character-filled Los Angeles home with built-in income and flexible living options in one of the city’s most central and desirable neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90019

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Listed by: Billy Wynn · RE/MAX One

Payment estimate

$7,872

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $109,000 · Loan: $981,000

%
Principal & Interest
$6,027
Property tax (1.25%)
$1,135
Homeowners insurance
$300
Mortgage insurance
$409
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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 $38,150 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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