




1032 N Ridgewood Pl, Los Angeles, CA, 90038
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
Schools
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
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
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $194 | $2,328 |
| Property Taxes | $1,121 | $13,452 |
| Electricity | $398 | $4,786 |
| Total | $7,275 | $87,300 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price change | $1,100,000 |
| 2026-05-03 | Price change | $1,150,000 |
| 2026-04-24 | Price change | $1,200,000 |
| 2026-04-18 | Price change | $1,350,000 |
| 2026-04-16 | Listed for sale | $1,400,000 |
| 2018-02-22 | Listing removed | $837,000 |
| 2017-12-29 | Price change | $837,000 |
| 2017-10-05 | Price change | $855,000 |
| 2017-07-28 | Price change | $870,000 |
| 2017-03-28 | Price change | $875,000 |
| 2017-01-04 | Listed for sale | $899,000 |
| 2003-02-03 | Sold | $299,000 |
| 2002-02-21 | Sold | $249,000 |
