
737 N Ridgewood Place Los Angeles, CA 90038
Hollywood NeighborhoodEstimated payment $15,984/month
Highlights
- No HOA
- STEM Academy at Bernstein High Rated A-
- Laundry Room
About This Home
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!
Listing Agent
JohnHart Real Estate Brokerage Phone: 818-400-1868 License #01325511 Listed on: 07/15/2025

Property Details
Home Type
- Apartment
Year Built
- Built in 1924
Lot Details
- 6,733 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Interior Spaces
- 5,262 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 6 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Uncovered Parking
- Assigned Parking
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 43
- Tax Tract Number 1917
- Assessor Parcel Number 5535002018
- $1,105 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Rent Control
- 7 Separate Electric Meters
- 1 Separate Gas Meter
- 7 Separate Water Meters
- Electric Expense $1,200
- Fuel Expense $300
- Insurance Expense $2,500
- Trash Expense $1,200
- Water Sewer Expense $2,300
- Operating Expense $7,500
- Gross Income $121,116
- Net Operating Income $143,616
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | For Sale | $2,495,000 | -- | $474 / Sq Ft |
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Source: California Regional Multiple Listing Service (CRMLS)
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