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
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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FeaturesGeneralLiving 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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InteriorTotal 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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ExteriorParking 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 FeaturesList ByColdwell Banker RealtyBroker
bonnierealtor10@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,236
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,910,196
Percent of Sale Price 27%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/16/2026 | $1,500,000 | | Listed Price |