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

$1,680,000 Sold Price as of 07/05/2019
  • 9 Beds
  • 5 Baths
  • 3,849 Sq.Ft.
Sold
$1,680,000 Sold Price as of 07/05/2019 Refinance Your Mortgage
Map preview of 912 N Ridgewood Pl, Los Angeles, CA 90038

Property Overview: 912 N Ridgewood Pl Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,849 living square feet and 6,220 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity for a non-rent controlled building in the heart of Hollywood. Well-maintained, gated quadruplex built in 1993 on large lot. Features three 2 Bed + 1 Bath units, and one 3 Bed + 2 Bath unit. Includes community coin-op laundry and eight parking spaces.

Listed by Lisa Brende | BRE #01392940 | Compass
Co-listed by Chris Corkum | BRE #01480053 | Compass
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,220
HOA Dues
$0/mo
Year built
1993
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19469640
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: --
  • Net Operating Income: $121,800
  • Gross Operating Income: $129,600
  • Improvements Total: $320,719
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 912 N Ridgewood Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
  • Refrigerator, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Side by Side
Property Information
  • Total # of Units: 4
  • Parcel Number: 5536016018
Location / Neighborhood
Location Information
  • Directions: Between Santa Monica and Melrose, west of Wilton.
View more facts & features

Local Los Angeles Agent

Sale History for 912 N Ridgewood Pl

Last leased for $3,150 on September 22nd, 2020

  • September, 2020

  • Sep 23, 2020

    Date

    Leased

    CRMLS: 20569482

    $3,150

    Price

  • Jul 1, 2020

    Date

    Price Change

    CRMLS: 20569482

    $3,150

    Price

  • Jun 13, 2020

    Date

    Price Change

    CRMLS: 20569482

    $3,300

    Price

  • May 13, 2020

    Date

    Price Change

    CRMLS: 20569482

    $3,350

    Price

  • Apr 6, 2020

    Date

    Active

    CRMLS: 20569482

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Renovated 3+2 unit on the second floor. Brand new appliances, bathrooms and air-conditioning units. Refrigerator will be provided by the landlord. Well-maintained building, good neighborhood. Close to shopping, dining and entertainments. Onsite coin-op laundry available. Electricity, gas, trash and water are included, but electricity capped at $250 per billing cycle. Please visit youtube link at: https://youtu.be/L3i9scax0qU

  • April, 2020

  • Apr 1, 2020

    Date

    Expired

    CRMLS: 19537566

    $2,050,000

    Price

  • Jan 8, 2020

    Date

    Price Change

    CRMLS: 19537566

    $2,050,000

    Price

  • Dec 17, 2019

    Date

    Active

    CRMLS: 19537566

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    No rental increases for Units 1 and 2 until April 30, 2021. Unit 4 will be delivered vacant for upside potential or owner/user opportunity.

  • July, 2019

  • Jul 6, 2019

    Date

    Sold

    CRMLS: 19469640

    $1,680,000

    Price

  • Jun 5, 2019

    Date

    Active Under Contract

    CRMLS: 19469640

    $1,750,000

    Price

  • May 23, 2019

    Date

    Active

    CRMLS: 19469640

    $1,750,000

    Price

  • July, 2019

  • Jul 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,680,000

    Price

  • March, 1994

  • Mar 1, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 912 N Ridgewood Pl

Assessed Value (2020): $1,680,000
Year Land Value Improved Value Assessed Value
2020 $1,120,000 $560,000 $1,680,000

Home Value Compared to the Market

This property vs the competition

912 N Ridgewood Pl sold on July 5, 2019 for 47.06% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $454.66 per/sqft which puts the price per square foot 39.78% lower than the current median sale per square foot for the city of Los Angeles.

About 912 N Ridgewood Pl

Detailed summary of property

912 N Ridgewood Pl is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,849 living square feet, and sits on an approximately 6,220 square foot lot. 912 N Ridgewood Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,680,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.06% higher than the current median priced home. Local homes that are currently for sale include 5918 Barton Ave, 1239 Gordon St and 5008 Rosewood Ave. While the average home in Los Angeles, CA is selling in 93 days, 912 N Ridgewood Pl has a days on market of 12 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 912 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 912 N Ridgewood Pl

Public county record property details
Beds
9
Baths
5
Year built
1993
Sq. Ft.
3,849
Lot Size
6,219
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5536-016-018

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.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), 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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