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830 N Ridgewood Pl, Los Angeles, CA 90038
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830 N Ridgewood Pl Los Angeles, CA 90038

$1,279,000
  • 5 Beds
  • 3 Baths
  • 2,836 Sq.Ft.
For Sale
$1,279,000 Get Pre-Qualified
Map preview of 830 N Ridgewood Pl, Los Angeles, CA 90038

Property Overview: 830 N Ridgewood Pl Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,836 living square feet and 5,796 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover this stunning triplex brimming with charm and character, perfectly situated in the heart of Hollywood on quiet Ridgewood Place and on the market for the first time in nearly 50 years. This incredible property offers an unparalleled location, making it an exceptional opportunity for both living and investment. The front duplex offers two beautifully designed units with architectural details and classic Hollywood charm. Both units in the front have two bedrooms and one bathroom, along with a large living space, built-ins, a cozy dining nook, and a beautiful front sunroom in the upstairs unit. The third unit is a charming bungalow behind the property with one bedroom, one bathroom and a small private yard. Live in one unit and rent out the others, providing a perfect balance of homeownership and rental income potential. Nestled near major Hollywood studios, the iconic Hollywood Forever Cemetery, Larchmont Village with dining options and shops, and with easy access to the 101 freeway, this triplex places you at the epicenter of Los Angeles living. Don't miss this rare opportunity to own a piece of Hollywood's rich history while enjoying the benefits of an ideal location and versatile living options. Whether you're looking for a home, an investment, or both, this triplex is the perfect choice. The property will be delivered with two vacant units, and one tenant occupied unit.

Listed by Alisandra Morisi | BRE #02087352 | Sotheby's International Realty
Co-listed by Lynn D. Shepodd | BRE #01828562 | Sotheby's International Realty
Last checked: 5 minutes ago | Last updated: September 15th, 2024 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
5,796
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24422153
City
Los Angeles
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,225
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $40,396
  • Gross Operating Income: $56,036
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 830 N Ridgewood Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5535004020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Take N Van Ness Ave. Turn left onto Lemon Grove Ave. Turn right onto N Ridgewood Pl.
View more facts & features

Local Los Angeles Agent

Sale History for 830 N Ridgewood Pl

View property's historical transactions

  • August, 2024

  • Aug 1, 2024

    Date

    Active

    CRMLS: 24422153

    $1,279,000

    Price

Tax History for 830 N Ridgewood Pl

Assessed Value (2020): $237,484
Year Land Value Improved Value Assessed Value
2020 $125,870 $111,614 $237,484

Home Value Compared to the Market

This property vs the competition

830 N Ridgewood Pl is listed 6.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $450.99 per/sqft which puts the price per square foot 41.28% lower than the median price per square foot for the city of Los Angeles.

About 830 N Ridgewood Pl

Detailed summary of property

830 N Ridgewood Pl is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 2,836 living square feet, and sits on an approximately 5,796 square foot lot. 830 N Ridgewood Pl was first listed on ArdentRealEstateGroup.com on August 2, 2024. The homeowner is currently asking $1,279,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 6.58% higher than the median priced home. Local competing homes currently for sale include 472 N Oxford Ave, 1239 Gordon St and 800 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 106 days, 830 N Ridgewood Pl has a days on market of 49 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 830 N Ridgewood Pl Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 830 N Ridgewood Pl

Public county record property details
Beds
5
Baths
3
Year built
1923
Sq. Ft.
2,836
Lot Size
5,794
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5535-004-020

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$666
Median Sold Price
$1,089,000
Median Sold Price/Sq.Ft.
$642
Total Inventory
47
Median Sale to List Price %
90.83%
Avg Days on Market
48
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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