833 835 N Ridgewood Los Angeles, CA 90038
Hollywood NeighborhoodEstimated payment $8,112/month
Highlights
- Fireplace
- Laundry Room
- Heating Available
- Cooling Available
- Bike Trail
About This Home
Motivated Seller. Live Upstairs, Rent the Rest - Spacious Hollywood Triplex (3,136 Sq Ft + Development Potential)Own a versatile triplex in the heart of Hollywood with 3,136 sq ft of living space--perfect for both owner-users and investors seeking rental income and future development upside. The entire upper level is a Large 2-bedroom, 1-bath owner's unit, which will be delivered vacant--ready for immediate move-in or market-rate leasing. This light-filled space includes a large living room, breakfast nook, dining room, laundry room, and both front and rear entrances. Step outside to enjoy two private rooftop patios, ideal for entertaining or relaxing in the California sun. The two 1-bedroom, 1-bath units on the lower level are tenant-occupied, generating steady income to help offset mortgage expenses. Also included is a 3 car garage with an additional yard. 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 within easy reach. You're minutes from major studios, hospitals, and the future Echelon Studios Complex, a 550,000 sq ft production and retail hub slated to open in 2026.Even more potential: The current building ordinance allows for additional units and ADUs (Accessory Dwelling Units)--offering a rare chance to expand and increase cash flow in a high-demand rental area. This is a unique opportunity to live, earn, and build in one of LA's most desirable and centrally located neighborhoods.Buyer to independently verify all information, including square footage, zoning, and development potential.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,737 Sq Ft Lot
- Two or More Common Walls
- No Sprinklers
Parking
- 3 Car Garage
- Parking Available
Home Design
- Property Attached
Interior Spaces
- 3,136 Sq Ft Home
- 2-Story Property
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 5535001017
Community Details
Overview
- 2 Buildings
Recreation
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $6,000
- Operating Expense $9,000
- Gross Income $67,872
- Net Operating Income $59,972
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2025 10/28/25 | For Sale | $1,299,000 | -- | $414 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-24723
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