Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90038 853 N Ridgewood Place

853 N Ridgewood Place Los Angeles, CA - Image 1853 N Ridgewood Place Los Angeles, CA - Image 2853 N Ridgewood Place Los Angeles, CA - Image 3
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Presented By: Troy Lucero Jr. with Equity Union;
  • MLS# 25550763
  • 06/10/2025
  • Request Tour
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  • Beds • 4
  • Baths • 4
  • SQFT • 2,096
  • Garage • 1
  • Year Built • 1923

Home Details

See Docs Section for Offering Memorandum. Probate Sale - May not require court confirmation. 853-855 N Ridgewood Pl. is a classic Los Angeles style craftsman duplex constructed in 1923. The unit mix consists of two (2) two-story 2bed+1.75bath units. The property is a two-story, 2,096 square foot building situated on a 3,353 square foot corner lot. UNIT DETAILS: Both units boast expansive two-level open floor plans, offering investors the chance to build upon the current level of renovation and substantially increase rental incomes. The units feature large bedrooms, spacious living rooms, open dining areas adjacent to the kitchens, separate laundry rooms and abundant pantry, storage, and closet space. The bedrooms are located upstairs and share a large bathroom, and a second bathroom is located downstairs adjacent to the kitchen in the laundry room. Each unit features original wood flooring throughout the entire first floor and individual hot water heaters and central air conditioning systems. Unique touches to the units also include crown molding throughout, fireplaces and pop out window areas in the living rooms. EXTERIOR SPACE: Each unit comes with sizable private front yards secured by a closed off fence, making it ideal for hosting gatherings. One of the units also features significant patio space in the rear of the property that can also be utilized for activities. The utility costs at the property are low as units are separately metered for water and sewer, in addition to gas and electricity. The tenants also pay for trash. 855 N Ridgewood offers the convenience of a private single parking garage that can be accessed directly from Lemon Grove Avenue.
Presented By: Troy Lucero Jr. with Equity Union;

Interior Features for 853 N Ridgewood Place

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths4
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 853 N Ridgewood Place

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.52
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsThe property is located just south of Santa Monica Blvd and east of N VanNess Ave, and within one short block of Paramount Studios, in the heart of theHollywood Studio District neighborhood of Los Ange
Electric On Property Y/NNo
Full Baths
Garage Spaces1.0
Garage Y/NYes
Gross Income43800.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet3353.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income29387.0
New ConstructionNo
Number Of Units Total2
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsProbateListing
Standard StatusActive
StatusActive
Stories2
Year Built1923
ZoningLARD1.5

Exterior for 853 N Ridgewood Place

Building Area Total2096.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.077
Lot Size Area3353.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
SpaNo
Total Parking1.0
Waterfront Y/NNo

Additional Details

Price History

Justin Hughey

Price $650,000
MLS#25550763
List Date 06/10/2025
Property Type Multi-Family
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Request Info

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