OFF MARKET

Off Market Jun 2017 for $1.2M

$1,293,929

Est. refi paymentEst. refi $4,929/mo

•

4 ba

•

3,356

sq ft

1457 Ridge Way, Los Angeles, CA 90026

About this home

$200,000 PRICE REDUCTION! We are pleased to present the Ridge Way Apartments: a four (4) unit multifamily investment opportunity located in Angelino Heights, a small sub-market of Echo Park in the county of Los Angeles. These craftsmen style duplexes were built in 1906 and 1913. Both buildings make up 3,356 SF of living area. The property features two (2) spacious two bedroom / one bath units and two (2) one bedroom / one bath units and is situated on a 7,419 SF lot zoned R-2.The property is separately metered for electricity and master metered for gas. Each unit has their own individual water heater. All units are currently occupied. The property is in an amazing location with tremendous rental upside that a new owner/investor can take advantage of by remodeling the interior and exterior of the building to achieve strong market rents.

Multi-familyProperty Type

1913Year Built

7,419 sq ftLot Size

$386Est. Price/Sq.Ft.

1 car garageParking

Listed by Jonathan Prakash •DRE #01483131 • KW Advisors

•310-951-6566 (agent)

•jonathan.prakash@equityunion.com (agent)

Listed by Derrick Vartanian •DRE #01816119 • KW Advisors

•310-739-3148 (agent)

•derrick@lyonstahl.com (agent)

Bought with Michael Locke •DRE #01336803 • DeasyPennerPodley

Redfin checked: 2 minutes ago

•Source:TheMLS #17-193858

Redfin Estimate

$1,293,929

$94K since sold in June 2017$25K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.5% lower than the average sale price ($1.46M) of 6 comparable homes.

SOLD JUL 7, 2026
$1,350,000
A
3 beds2 baths1,083 sq ft
1351 Calumet Ave, Los Angeles, CA 90026
SOLD JUL 3, 2026
$1,225,000
B
4 beds2 baths1,473 sq ft
1614 Grafton St, Los Angeles, CA 90026
BOUGHT WITH REDFIN MAR 26, 2026
$1,550,000
C
3 beds2 baths1,400 sq ft
1447 Wallace Ave, Los Angeles, CA 90026
SOLD MAY 22, 2026
$1,805,000
D
2 beds2 baths1,116 sq ft
1401 N Coronado St, Los Angeles, CA 90026
SOLD MAY 14, 2026
$1,605,860
E
3 beds2 baths1,323 sq ft
1706 Morton Ave, Los Angeles, CA 90026
SOLD JUN 22, 2026
$1,240,000
F
2 beds2 baths1,218 sq ft
1625 Montana St, Los Angeles, CA 90026

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Sell

$448,751

Est. take-home

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Est. cash available

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Market trends in Angelino Heights, CA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

113.8%

12.6% MoM

Median sale price

$1.1M

$244K MoM

Avg. days on market

79d

3 days MoM

Recently sold homes

2 MoM

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$1,250,000
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723 E Kensington, Los Angeles, CA 90026
$1,750,000
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662 N Dillon St, Los Angeles, CA 90026
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COMPASS
See all

Provided by Redfin

Sale history for 1457 Ridge Way

Date

Event

Price

TheMLS #17-193858

Jun 16, 2017

Sold

$1,200,000

$358/sq ft

Apr 18, 2017

Pending

—

Mar 21, 2017

Price Changed

$1,200,000

$358/sq ft

Mar 20, 2017

Relisted

—

Mar 1, 2017

Pending

—

Feb 15, 2017

Relisted

—

Feb 14, 2017

Delisted

—

Jan 17, 2017

Listed

$1,400,000

$417/sq ft

SDMLS #301769826

Jun 16, 2017

Sold

$1,200,000

$358/sq ft

Jan 17, 2017

Listed

$1,200,000

$358/sq ft

Public Records

Jun 11, 1999

Sold

$185,000

$55/sq ft

CRMLS #2901215

Mar 21, 1999

Delisted

—

Feb 11, 1999

Listed

$47/sq ft

Public Records

May 7, 1976

Sold

$10,000

$3/sq ft

** Price available after signing in.

Year

Property tax

Land + Additions

Assessment*

2025

$11,048 (+12.3%)

$454,000 + $328,000

$782,000

2024

$9,834 (−1.7%)

$454,000 + $328,000

$782,000

2023

$10,000 (−26.0%)

$454,000 + $328,000

$782,000

2022

$13,522 (+2.9%)

$462,000 + $334,000

$796,000

2021

$13,135 (+13.4%)

$651,000 + $471,000

$1,122,000

2020

$11,587 (+7.9%)

$628,000 + $454,000

$1,082,000

2019

$10,736 (−28.5%)

$540,000 + $391,000

$931,000

2018

$15,023 (+347.0%)

$510,000 + $369,000

$879,000

2017

$3,361 (+3.5%)

$131,020 + $118,863

$249,883

2016

$3,248 (+1.3%)

$131,020 + $118,863

$249,883

2015

$3,205 (−1.2%)

$128,451 + $116,533

$244,984

2014

$3,243 (−1.3%)

$124,044 + $112,535

$236,579

2012

$3,286 (+2.6%)

$123,484 + $112,027

$235,511

2011

$3,203 (−1.0%)

$121,063 + $109,831

$230,894

2010

$3,235 (+3.6%)

$118,690 + $107,678

$226,368

2009

$3,121 (+4.0%)

$117,803 + $106,874

$224,677

2008

$3,000

$118,083 + $107,128

$225,211

Tax history for 1457 Ridge Way

Year

Property tax

Land + Additions

Assessment*

2025

$11,048 (+12.3%)

$454,000 + $328,000

$782,000

2024

$9,834 (−1.7%)

$454,000 + $328,000

$782,000

2023

$10,000 (−26.0%)

$454,000 + $328,000

$782,000

2022

$13,522 (+2.9%)

$462,000 + $334,000

$796,000

2021

$13,135 (+13.4%)

$651,000 + $471,000

$1,122,000

2020

$11,587 (+7.9%)

$628,000 + $454,000

$1,082,000

2019

$10,736 (−28.5%)

$540,000 + $391,000

$931,000

2018

$15,023 (+347.0%)

$510,000 + $369,000

$879,000

2017

$3,361 (+3.5%)

$131,020 + $118,863

$249,883

2016

$3,248 (+1.3%)

$131,020 + $118,863

$249,883

2015

$3,205 (−1.2%)

$128,451 + $116,533

$244,984

2014

$3,243 (−1.3%)

$124,044 + $112,535

$236,579

2012

$3,286 (+2.6%)

$123,484 + $112,027

$235,511

2011

$3,203 (−1.0%)

$121,063 + $109,831

$230,894

2010

$3,235 (+3.6%)

$118,690 + $107,678

$226,368

2009

$3,121 (+4.0%)

$117,803 + $106,874

$224,677

2008

$3,000

$118,083 + $107,128

$225,211

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,421 Sq. Ft.

Year renovated

—

Sq. Ft.

1,152

Year built

1913

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

5405009023

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 29, 2026.

Jan 12, 2018 • Final

Bldg-alter/repair

Replace the roof with new solid sheathing and a class A or B roof covering. Apply a certified cool roof product as required for residential roof replacement.

Roofing

Nov 25, 2004 • Final

Plumbing

Replace two water heaters and update the installation to meet current building codes. Extend the exhaust vent pipe above the roof line.

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage
Garage, Other

Interior

Interior Features
Bidet

Equipment
Other

Heating & Cooling
Other Cooling
Other Heat

Multi-Unit Income
Gross Income: 78684
Gross Operating Income: $76,497
Net Operating Income: $49,364

Multi-Unit Expenses
Total Annual Expense: $27,133

Multi-Unit Other Financial Information
Rent Control: 100
Cap Rate: 4.11
Gross Rent Multiplier: 15.25
Vacancy Rate: 0
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: 2+1s, 1+1s
# of Buildings: 1

Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,975
Projected Rent: $4,790
Actual Rent: $3,950
# of Units: 2

Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,062.50
Projected Rent: $3,990
Actual Rent: $2,125
# of Units: 2

Exterior

Building Information
Total Floors: 2

Property Information
Property Type: Residential Income

Lot Information
Lot Size (Sq. Ft.): 7,419
Zoning: LAR2

Financial

Assessment Information
Assessed Land Value: $128,451
Assessed Improvement Value: $116,533
Assessor Parcel Number: 5405-009-023

Location

Community Information
# of Units in Complex (Total): 4

Location Information
Directions: Property is located in Angelino Heights just Southeast of the Intersection of Sunset Blvd and Echo Park Ave.

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,152
Stories: —
Lot Size: 7,421 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1913
Year Renovated: —
County: Los Angeles County
APN: 5405009023

Home facts updated by county records on Aug 29, 2026

Other

Documents & Disclosures
Disclosures: As Is

Around this home

Schools

Logan Academy of Global Ecology

Public K-8 • Assigned • 0.4mi

8/10

Edward R. Roybal Learning Center

Public 9-12 • Assigned • 0.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 94° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

8 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Los Angeles, CA • 90026

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.23M – $1.49M

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Home values near 1457 Ridge Way

Data from public records.

Address	Redfin Estimate
1438 Ridge Way, Los Angeles, CA 5 Beds \| 3 Baths \| 2674 Sq. Ft.	$1,636,648
1452 Ridge Way, Los Angeles, CA 4 Beds \| 3.5 Baths \| 2996 Sq. Ft.	$2,685,316

Address	Redfin Estimate
1440 Ridge Way, Los Angeles, CA 4 Beds \| 4 Baths \| 3926 Sq. Ft.	—
1458 Ridge Way, Los Angeles, CA 1 Beds \| 1 Baths \| 773 Sq. Ft.	—

Address	Redfin Estimate
1448 Ridge Way, Los Angeles, CA 4 Beds \| 4 Baths \| 2816 Sq. Ft.	—
1464 Ridge Way, Los Angeles, CA 2 Beds \| 0.5 Baths \| 1404 Sq. Ft.	$1,333,117

Property information provided by TheMLS when last listed in 2017. This data may not match . Learn more.

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