1032 N Ridgewood Pl

3
Baths
1,744 Sq. Ft.
$631 / Sq. Ft.
1,744
Sq. Ft.
$631
per Sq. Ft.

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...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.
  1. Listed by Bonnie Hyde • DRE #02198196 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1032 North Ridgewood Place

Zoning
LARD1.5
Style
Contemporary
Property Attached YN
false
Parcel Number
5536017024
Total Units
2.0
Living Area
1744
Source Living Area
Vendor Enhanced
Area
Hollywood (C20)
LISTING UPDATED: 05/13/2026 01:06 PM

Property Details for 1032 North Ridgewood Place

StatusActive
MLS #26732903
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.12 AC / 5,174 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Bonnie Hyde, DRE #02198196
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Building Information for 1032 North Ridgewood Place

Stories-Residences-Year Built1926Building Size-Lot Size0.12 AC / 5,174 SF

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$6,416 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,481

Property Taxes

$935

HOA Dues

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Property Information for 1032 North Ridgewood Place

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $90,000
  • Net Operating Income: $85,000.00
  • Gross Income: $96,000
  • Gross Rent Multiplier: $96,000.00
  • Total Annual Expense: 11000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1188
  • Lot Size Square Feet: 5174
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Freezer
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 04-15-2026
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $136,646.00
  • Assessed Improvement Percent: 14.92
  • Assessed Land Value: $778,944.00
  • Assessed Land Percent: 85.08
  • Assessed Total Value: $915,590.00

Property History for 1032 North Ridgewood Place

DateEvent & SourcePriceAppreciation
May 13, 2026

Price Change

CRMLS #26732903

$1,100,000
May 13, 2026

Price Change

CLAW #26732903

$1,100,000
May 2, 2026

Price Change

CRMLS #26732903

$1,150,000
DateEvent & SourcePrice
05/13/2026

Price Change

CRMLS #26732903

$1,100,000
05/13/2026

Price Change

CLAW #26732903

$1,100,000
05/02/2026

Price Change

CRMLS #26732903

$1,150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1032 North Ridgewood Place

Taxable ValueLand$778,944Additions$136,646Total$915,590
Tax Record2025$11,221 ($935 / month)
Home Facts
Total Finished SqFt1,744 SqFtAbove Grade Finished SqFt1,744 SqFtLot Size5,172 SqFtStyleDuplexYear Built1926ZoningLARD1.5CountyLOS ANGELESAPN5536-017-024

Schools near 1032 North Ridgewood Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Hollywood
Hollywood
This fast-paced, creative-friendly environment attracts artists, professionals, and dreamers who thrive on endless entertainment and cultural opportunities. Welcome to Hollywood, CA, the entertainment capital of the world and a vibrant neighborhood in Los Angeles. Known for its iconic landmarks,...

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1032 North Ridgewood Place is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on April 15, 2026 by Coldwell Banker Realty, it's currently listed at $1,100,000. It has been on the market for a total of 34 days and was last sold on February 3, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Santa Monica Boulevard Community Charter School, Joseph Le Conte Middle School and Helen Bernstein High School. 1032 North Ridgewood Place is a 4-bed, 3-bath, 1,744 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Bonnie Hyde, DRE #02198196

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.