833 835 N Ridgewood Place, Los Angeles, CA 90038

$1,075,000

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List Price
$1,075,000
Price Change
▼ $24,000 1780291369
Status
ACTIVE
MLS#
P1-25681
Year Built
1923
Lot Size
6,735
Acres
0.15
Lot Location
Sprinklers None
Days on Market
163
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Owner's Unit Delivered Vacant | Spacious Hollywood TriplexOwn a versatile triplex in the heart of Hollywood offering 3,136 sq ft of total living space, ideal for owner-users, investors, or those seeking future development upside. The entire upper level features a large 2-bedroom, 1-bath owner's unit, to be delivered vacant, allowing for immediate move-in or market-rate leasing. This bright and expansive residence includes a generous living room, breakfast nook, dining room, laundry room, and both front and rear entrances. Two private rooftop patios.The two lower-level 1-bedroom, 1-bath units are tenant-occupied, providing steady rental income to help offset ownership costs. The property also includes a 3-car garage and an additional yard, offering valuable outdoor and parking space.Ideally located just off Wilton Place and Santa Monica Boulevard, the property boasts a Walk Score of 90, with restaurants, cafes, shops, and Larchmont Village all nearby. Minutes from major studios, hospitals, and the future Echelon Studios Complex, a 550,000 sq ft production and retail hub scheduled to open in 2026.Additional upside: Current zoning and building ordinances may allow for additional units and ADUs, presenting a rare opportunity to expand and increase cash flow in a high-demand rental market.A unique chance to live, earn, and build in one of Los Angeles' most desirable and centrally located neighborhoods.Buyer to independently verify all information, including square footage, zoning, and development potential.

Additional Information

Pool Description
None
Cooling
Yes
View
None
Garage Spaces Total
3
Attached Structure
Attached
Gross Scheduled Income
$67,872
Operating Expense
9000

Listing courtesy of Listing Agent: Constandinos Vagenas (dean@goldstonegrp.com) from Listing Office: Goldstone Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.