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'… Read More 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. Read Less
Property listed by Coldwell Banker Realty, Bonnie Hyde 310-259-7556
Listing Snapshot
Days Online
17
Last Updated
Beds
4
Square Ft.
1,744
Lot Size
0.12 Acres
Year Built
1926
MLS Number
26732903
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1926, Living area: 1744.0, 2 buildings, Levels: One
Heating
Central
Income
Gross Income: $96,000, Net Operating Income: $85,000
Lot
0.1188 acres
Parking
Driveway
Property
Other structures: GuestHouse
Taxes
Parcel Number: 5536017024, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including 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.
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