Los Angeles, CA 90038 737 N Ridgewood Place
$2,495,000
16 more
Presented By: Haik Bokhchalian with JohnHart Real Estate; 818-400-1868
- MLS# SR25158547
- 07/15/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 1
SQFT • 5,262
Home Details
Don’t miss this amazing 6 unit apartment property offering strong rental potential in one of LA's most iconic neighborhoods. Spanning 5,262 square feet, the building features a mix of four spacious 1 bedroom/1 bath units and two generous 2 bedroom/2 bath units, perfect for attracting a variety of tenants. Whether you're an investor looking to expand your portfolio or a buyer seeking steady income in a high-demand area, this Hollywood gem offers long term value and upside potential. Located near studios, shopping, transit, and the vibrant energy of Hollywood, this is a rare opportunity to own multifamily in a prime location!
Presented By: Haik Bokhchalian with JohnHart Real Estate; 818-400-1868
Interior Features for 737 N Ridgewood Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 737 N Ridgewood Place
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces6.0
Carport Y/NYes
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
DirectionsMelrose Ave to Ridgewood Pl
Electric Expense1200.0
Entry Locationsteps
Fuel Expense300.0
Garage Spaces0.0
Garage Y/NNo
Gross Income121116.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet6733.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income143616.0
New ConstructionNo
Number Of Units Total6
Operating Expense7500.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot43
Trash Expense1200.0
Water Sewer Expense2300.0
Year Built1924
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 737 N Ridgewood Place
Building Area Total5262.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1546
Lot Size Area6733.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters1
Number of Separate Water Meters7
Parking FeaturesAssigned, Carport, Uncovered
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate