$1,400,000

1032 N Ridgewood Place, Los Angeles, CA 90038

4 beds |
3 baths |
1,744 sqft

Multi-Family Home
Built in 1926
5,175sqft lot
—— car garage
$803/sqft
Listed 2 days ago

Property Description

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.

Listing Status:: Active
Date Added:: April 15, 2026
Data Last Updated:: April 17, 2026 at 9:20PM
Listing Office:: Coldwell Banker Realty : 310-777-6200
Listing Agent:: Bonnie Hyde : 310-905-0128
MLS ID:: 26732903

Appliances: Dishwasher
Heating: Central

General: Guest House
Style: Contemporary
Other Structures: Guest House
Parking: DrivewayParking spaces: 0

General: 1

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LARD1.55536017024

Source: CRMLS_CL

This listing courtesy of Bonnie Hyde , Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hollywood Primary Center

1115 Tamarind Ave, Los Angeles, CA, 90038

Grades KG-3

0.29 miles away

Richard A. Alonzo Community Day

5755 Fountain Ave, Los Angeles, CA, 90028

Grades 7-12

0.35 miles away

Richard A. Alonzo Community Day

5755 Fountain Ave, Los Angeles, CA, 90028

Grades 7-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.