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.
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.