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PendingSingleFamilyResidence

2232 S Ridgeley Drive

Los Angeles, CA, 90016

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$799,000

MLS: 26854225

Beds

3

Baths

2

Sq Ft

1,308

Lot

0.15 ac

Year Built

1925

MLS #

26854225

Days on Market

12

Listed

Jun 30, 2026

Description

Opportunity in Mid-City. This Spanish-style residence offers a compelling chance for an owner-user, investor, or developer to reimagine a well-located property at an accessible price point. The home features original character details, a functional floor plan, a detached garage, a long driveway, and yard space with room to improve. With renovation, the property has strong potential as a primary residence or value-add project. Conveniently located near Culver City, West Adams, major transit corridors, restaurants, shopping, and neighborhood amenities. Property is being sold in its present condition.

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: David Rothstein · Nelson Shelton & Associates

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$6,053

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,621
Property tax (1.25%)
$832
Homeowners insurance
$300
Mortgage insurance
$300
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $27,965 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.

Similar Homes Nearby

Active and pending listings in ZIP 90016 (Los Angeles)within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90016 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.