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1032 N Ridgewood Pl, Los Angeles, CA, 90038

4beds
3baths
1,744sqft
$1,100,000
$631price/sqft
$7,275/moest. monthly cost
$291,000/yrincome needed

About This Home

Exceptional opportunity in the heart of Hollywood, just moments from Larchmont Village, Paramount Pictures Studios, and the vibrant dining, shopping, and entertainment along Melrose Avenue. 1032-1034 N Ridgewood Place presents a well-located duplex on a flat lot, offering both immediate income and strong long-term upside in one of Los Angeles' most sought-after rental markets.The property features two separate units with substantial combined living space, ideal for owner-users, investors, or those seeking value-add potential. 2+1 front house, 2+2 back house (delivered vacant). The sizable lot provides flexibility for outdoor space, parking, or future enhancements. Positioned in a high-demand corridor with proximity to West Hollywood, Silver Lake, and major employment hubs, the property benefits from consistent tenant demand.With favorable zoning characteristics typical of the area, there may be potential for expansion, additional units, or ADU opportunities (buyer to verify), making this an attractive option for those looking to maximize long-term value.Buyer to independently verify all information, including but not limited to square footage, lot size, zoning, development potential, and building possibilities with the appropriate city departments. Broker and seller make no guarantees as to accuracy.A compelling investment opportunity in a prime Hollywood location with both current income and future upside.

Getting Around

92
WalkingWalker's Paradise
61
TransitGood Transit
73
BikeVery Bikeable

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Freezer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Central
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 1,744
  • Total interior livable area: 1,744 sqft

Property

Details

  • Parcel number: 5536017024
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Lot size: 5,174 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes