Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,386 sqft

Lot size

5,790 sqft

Year built

1949

Stories

0

Garage spaces

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

8

MLS #

246912990

About this property

Fully Vacant Hollywood Triplex. An exceptional opportunity to acquire a stand-alone California bungalow with a detached duplex, ideally positioned just one block from Paramount Studios. Tucked behind a lush jacaranda tree in the heart of Hollywood, the property comprises three beautifully appointed residences totaling six bedrooms and four bathrooms. The front residence is a charming freestanding three-bedroom, two-bath Craftsman bungalow with a generous covered porch, hardwood flooring and a fireplace. The detached rear duplex offers an upstairs two-bedroom, one-bath residence and a downstairs one-bedroom, one-bath residence, each with its own laundry and lock-up garage parking. All three residences feature remodeled kitchens, bathrooms and flooring, with separate gas and electric utilities. Gated, hardscaped grounds provide parking for up to six vehicles or the flexibility to create multiple outdoor living areas. Delivered entirely vacant, the property allows a new owner to immediately select tenants and establish market rents, or occupy the bungalow while generating income from the rear duplex. Moments from Paramount Studios and walking distance to Noko, Melrose Hill and Larchmont Village. A short commute to the Eastside and DTLA, this is a compelling income property that combines character and versatility.

Location

838 N Ridgewood Place

Los Angeles, Los Angeles, CA, 90038