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

Los Angeles, CA, 90038
$ 1,500,000
Bedrooms4 Baths2.0 Sq 1,744

Monthly Estimate*

$ 9,236

Listed by Coldwell Banker Realty
1032 N Ridgewood Place, Los Angeles, CA 90038 - Image 1
1032 N Ridgewood Place, Los Angeles, CA 90038 - Image 2
1032 N Ridgewood Place, Los Angeles, CA 90038 - Image 3
1032 N Ridgewood Place, Los Angeles, CA 90038 - Image 4
1032 N Ridgewood Place, Los Angeles, CA 90038 - Image 5
1032 N Ridgewood Place, Los Angeles, CA 90038 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $1,500,000 with 4 bedrooms and 2 full baths. This 1,744 square foot home was built in 1926 on a lot size of 0.1188.

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

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1188

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26732903

Days on Market

2

Features
General
Living Area 1744
Heating Central
Appliances Dishwasher
Zoning LARD1.5
Architectural Style Contemporary
Year Built 1926
Stories Count 1
Levels One
Gross Income 96000
County Los Angeles
Net Operating Income 85000
New Construction false
Property Type Residential Income
HOA false
Other Structures Guest House
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Off of Santa Monica Blvd and Ridgewood
City Los Angeles
Senior Community Y/N false
Number Of Units Total 2
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 5174
Property Attached Y/N false
Standard Status Active
Occupancy Type Owner
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Interior
Total Stories 0
Common Walls No Common Walls
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Total Baths 3
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Exterior
Parking Features Driveway
Total Parking 0
Lot Size Area 5174
Number of Buildings 2
Building Area Total 1744
Lot Size Acres 0.1188
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* Excluded Features
List By
Coldwell Banker Realty

Broker

bonnierealtor10@gmail.com

Email

Affordability Calculator

$9,236
Per Month
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Monthly Principal & Interest
$9,236
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$1,500,000 Listed Price

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1032 N 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 0.1188. 1032 N Ridgewood Place has 4 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 90038 which is in Los Angeles, CA