812 N Ridgewood Pl - Multi-Family FOR SALE


Los Angeles, CA 90038- Hollywood
$1,300,000 USD
707-332-5204
812 N Ridgewood Pl, Los Angeles, CA for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/12
null | 5.34% Cap Rate

812 N Ridgewood Pl
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Four fully vacant units in prime Hollywood, offering flexibility for investors or owner-users.
  • Unit mix of three one-bedroom/one-bath units and one studio.
  • Conveniently located between Santa Monica Blvd and Melrose Ave, providing easy access to major thoroughfares.
  • The property is in close proximity to Larchmont Village, Hancock Park, Los Feliz, Silver Lake, and Koreatown.
  • Situated in a Federal Opportunity Zone, which may have a potential tax benefit for investors.
  • Private outdoor space in the rear of the property.

OVERVIEW

Pacific Partners Real Estate Investments proudly presents 812 N Ridgewood Pl. This prime Hollywood property presents an excellent opportunity for investors or owner-users, featuring four fully vacant units that offer maximum flexibility. The unit mix includes three spacious one-bedroom, one-bath units and one studio, catering to a variety of rental or occupancy needs. Ideally positioned between Santa Monica Boulevard and Melrose Avenue, the property provides access to major thoroughfares and is just moments from vibrant destinations like Larchmont Village, Hancock Park, Los Feliz, Silver Lake, and Koreatown. Additionally, its location within a Federal Opportunity Zone may offer potential tax benefits for investors. A private outdoor space at the rear of the property adds to its appeal, while SB1211 allows for the development of up to four detached ADUs by right.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$508 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

5.34%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAR1.5

APN/PARCEL ID

5535-004-024

ASK ABOUT THIS PROPERTY

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707-332-5204

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Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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