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1032 N Ridgewood PlaceLos Angeles, CA 90038

For Sale

$1,200,000

Smart Buyer Rebate $12,000

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.

Listed by Bonnie Hyde

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License #02198196

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Coldwell Banker Realty

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310-905-0128

Last updated April 24, 2026

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Source: CRMLS #26732903

Listing Facts

  • TypeMulti-family
  • NeighborhoodHollywood Studio District
  • Bedrooms4
  • Days on Prevu16
  • Size1,744 sqft
  • Price per sqft$688

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

04/24/2026
Price Decreased
$1,200,000
04/18/2026
Price Decreased
$1,350,000
04/16/2026
Price Decreased
$1,400,000
04/15/2026
Listed by Coldwell Banker Realty
$1,500,000

Property Details for 1032 N Ridgewood Place

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Year Built: 1926
  • Architectural Style: Contemporary
  • Common Walls: No Common Walls

Features

  • Other Structures: Guest House

Measurements

  • Building Area Total: 1,744
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,174
  • Lot Size Square Feet: 5,174
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $96,000.00

Taxes

  • Parcel Number: 5536017024

Interior

Features

  • Appliances: Dishwasher

Measurements

  • Living Area: 1,744

Rooms

  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4

Parking

Parking

  • Parking Features: Driveway

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 4 bedrooms in this multi-family home at 1032 N Ridgewood Place.

How does 1032 N Ridgewood Place compare to other multi-family homes in Hollywood Studio District?

This multi-family home is listed 33% below the average price for multi-family homes in Hollywood Studio District and has been on the market for 83 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,744 sqft.

1032 N Ridgewood Place is a 4-bedroom multi-family home for sale in Los Angeles CA 90038. On Prevu for 16 days at $1,200,000. This includes a recent price decrease of $150,000. This home features 1,744 square feet of living space, located in Hollywood Studio District. The median listing price for multi-family homes in this area is $1,395,000. Additional amenities include dishwasher and parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.