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Los Angeles, CA

$1,100,000

1032 N Ridgewood Place, Los Angeles, CA
4
Beds
3
Baths
1,744
Sq Ft
1926
Built
28
Days listed

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.

Facts & features

Interior
Bedrooms
4
Bathrooms
0 full, 0 half
Living area
1,744 sq ft
Appliances
Dishwasher
Heating
Central
Levels
One
Exterior & lot
Lot size
0.119 acres (5,174 sq ft)
Architectural style
Contemporary
Year built
1926
Parking
Driveway
Community
Area
C 20 - Hollywood
County
Los Angeles
Listing details
Status
Active
Property type
Residential Income
Days on market
28
Listed
2026-04-15
Original price
$1,500,000
Parcel #
5536017024
MLS #
26732903
Listed by
Bonnie Hyde · Coldwell Banker Realty

Location

Price history

Listed
$1,500,000 · 2026-04-15
Price reduced
$1,100,000 (−$400,000)
Days on market
28
Current price
$1,100,000
Financing

Could this home be yours?

Estimated monthly payment
$6,901
$5,562 principal & interest · $1,338 taxes & insurance
$220,000
Estimate only
Loan $880,000

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Estimated value range nearby
$1,203,621$1,412,946

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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