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812 N Ridgewood Pl, Los Angeles, CA, 90038

3beds
4baths
2,560sqft
$1,500,000
$586price/sqft
$10,074/moest. monthly cost
$402,960/yrincome needed

About This Home

FIXER | FULL REHAB OPPORTUNITY | VACANT 4-UNIT | PRIME HOLLYWOOD LOCATION. Welcome to 812 N Ridgewood Pl — a rare opportunity to acquire a fully vacant 4-unit property in one of Los Angeles’ most desirable rental markets. This property is ready for a complete remodel, with demo already completed, allowing the next owner to immediately begin construction and bring their vision to life. Ideal for investors, developers, and contractors, this is a true value-add project with significant upside potential. With all units delivered vacant, buyers have the flexibility to renovate and lease at top market rents or reposition the asset for long-term appreciation. Located in a prime area near Larchmont Village, the property benefits from strong rental demand and proximity to shopping, dining, and entertainment. Just minutes from Hollywood Walk of Fame and major studios, this location continues to attract tenants seeking central access to everything Los Angeles has to offer. Convenient access to major thoroughfares makes commuting simple and efficient. This is a blank canvas investment opportunity — perfect for a fix & flip, BRRRR strategy, or long-term hold in a high-demand rental corridor. Sold as-is. Cash or hard money preferred due to condition.

Getting Around

88
WalkingVery Walkable
57
TransitGood Transit
71
BikeVery Bikeable

Construction

Condition

  • Year built: 1922

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Features

  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 2,560 sqft

Property

Details

  • Parcel number: 5535004024
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 5,803 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 4
  • Parking features: None
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 3

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 $7,584$91,008
Home Insurance *$265$3,180
Property Taxes $1,677$20,124
Electricity $548$6,587
Total$10,074$120,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$345,394/yr
40% on housing$302,220/yr
45% on housing$268,640/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
2026-04-24Listed for sale$1,600,000
2025-05-16Sold$1,200,000
2025-04-16Pending sale$1,300,000
2025-02-14Listed for sale$1,300,000

For Sale by Agent

AgentIxbalanque Garcia
BrokerageWon Suk Kim Real Estate, Inc.

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