1032 North Ridgewood Place Los Angeles, CA $ 1,500,000
1032 North Ridgewood Place
$ 1,500,000
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1032 North Ridgewood Place

Los Angeles, CA, 90038
$ 1,500,000
Baths0.0 Sq 1,744

Monthly Estimate*

$ 9,236

1032 North Ridgewood Place, Los Angeles, CA 90038 - Image 1
1032 North Ridgewood Place, Los Angeles, CA 90038 - Image 2
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1032 North Ridgewood Place, Los Angeles, CA 90038 - Image 6
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,500,000. This 1,744 square foot home was built in 1926 on a lot size of 0.12.

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.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.12

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026732903

Features
General
Living Area 1744.0
Heating Central
Zoning LARD1.5
Architectural Style Contemporary
Year Built 1926
Levels One
County Los Angeles
Net Operating Income 85000.0
New Construction No
Property Type C
HOA No
Other Structures Guest House
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 5174.0
Property Attached Y/N No
Standard Status Active
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Interior
Kitchen Appliances Dishwasher
Total Stories 0
Common Walls No Common Walls
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Driveway
Lot Size Area 5174.0
Pool Y/N? Yes
Building Area Total 1744.0
Lot Size Acres 0.12
Land Lease Type Fee
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* Excluded Features
List By
Bonnie Hyde

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$9,236
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$1,500,000 Listed Price

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1032 North Ridgewood Place, Los Angeles, CA, 90038 is a Multi-Family Home for sale at $1,500,000 with 1,744 sqft and a lot size of 0.12. 1032 North Ridgewood Place is a studio with 0.0 baths and was built in 1926. The property's zip code is 90038 which is in Los Angeles, CA