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838 N Ridgewood Pl, Los Angeles, CA, 90038

6beds
4baths
2,386sqft
$1,399,000
$586price/sqft
$9,247/moest. monthly cost
$369,880/yrincome needed

About This Home

A RARE HOLLYWOOD OPPORTUNITY featuring a stand-alone 3-bedroom, 2-bath front home delivered vacant, paired with duplex rental income at the rear consisting of a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit. This late-1940s Craftsman triplex is thoughtfully configured with the front residence completely separate from the detached rear duplex, allowing an owner to enjoy the privacy and comfort of a single-family home while rental income from the back contributes toward overall ownership costs. The front home has been recently refreshed with new interior paint, new appliances, updated kitchen and bathroom fixtures, and improved landscaping, creating a move-in-ready living environment. Positioned forward on the lot and visually separated from the rear units, the home offers the livability of a classic single-family residence, while the duplex functions as a discreet income-producing component. Additional features include six parking spaces with easy, unobstructed access for tenants and separate electric and gas utilities for each unit. Located in the heart of Hollywood near Paramount Studios, moments from the shops and cafes of Larchmont Village, and close to the outdoor movie nights, concerts, and cultural events at Hollywood Forever Cemetery, this property offers a rare combination of lifestyle flexibility and long-term investment potential in one of Los Angeles' most dynamic neighborhoods.

Getting Around

88
WalkingVery Walkable
57
TransitGood Transit
71
BikeVery Bikeable

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1949

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Washer,Refrigerator,Freezer,Range/Oven,Disposal
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Ceiling Fan(s)

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 2,386
  • Total interior livable area: 2,386 sqft

Property

Details

  • Parcel number: 5535004018
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Lot size: 5,789 sqft

Parking

  • Total spaces: 6
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,074$84,888
Home Insurance *$247$2,964
Property Taxes $1,415$16,980
Electricity $511$6,139
Total$9,247$110,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$317,040/yr
40% on housing$277,410/yr
45% on housing$246,586/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$586This listing

vs Other Active Listings

Avg $/sqft

ZIP 90038$542
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90038$639
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-27Listed for sale$1,695,000
2023-11-08Listing removed--
2023-08-01Listing removed--
2023-07-26Listed for sale$1,700,000
2023-07-07Listed for rent$2,175
2021-01-16Listing removed--
2021-01-05Price change$3,496
2020-11-12Price change$3,700
2020-10-28Price change$3,875
2020-09-30Price change$3,995
2020-09-23Price change$4,175
2020-09-11Listed for rent$4,250
2019-05-09Listing removed$2,496
2019-04-23Listed for rent$2,496
2018-06-05Listing removed$2,496
2018-05-16Listed for rent$2,496
2016-02-05Sold$1,265,000
2015-12-24Pending sale$1,295,000
2015-11-26Listed for sale$1,295,000
2015-11-02Listing removed$3,195
2015-10-21Listed for rent$1,595
2015-07-31Sold$899,000
2015-03-09Pending sale$899,000
2015-02-27Listed for sale$899,000
1998-10-07Sold$195,000
1998-04-24Sold$179,000

For Sale by Agent

AgentJeffrey Schoeny
BrokerageCompass

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