$1,100,000
-$50,0001032 N Ridgewood Place, Los Angeles CA 90038
Multi-Family (2 Units)
Property type
51 days
On market
$631
Price per sqft
N/A
Garage
1926
Year built
5,174 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Bonnie Hyde DRE #02198196 310-905-0128, Coldwell Banker Realty
Listing updated: May 13, 2026 at 08:12pm.
Last checked: Jun 5, 2026 at 01:00pm
Source: CRMLS #26732903
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $1,750 | $1,750 | $3,000 | Unfurnished |
| 2 | 3 | 2 | — | $5,000 | $0 | $5,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Dishwasher: 2
Financial Snapshot
Gross Rent Multiplier
11.5x
List Price / Annual Gross Rent
Cap Rate
7.73%
NOI / List Price
Net Operating Income: $85,000
Interior
Heating: Central
Appliances: Dishwasher
Exterior
Architectural Style: Contemporary
Property Attached: No
Stories Total: 0
Levels: One
Common Walls: No Common Walls
Other Structures: Guest House
Garage and Parking
Parking: Driveway
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5536017024
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1032 N Ridgewood Place, Los Angeles, CA 90038. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$880,000
Total Interest
$1,122,391
Total Payment
$2,002,391
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,858
per month
Property History for 1032 N Ridgewood Place
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90038.
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