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Backup Offers

847 Ridgewood Pl N, Los Angeles, CA, 90038

$1,399,999

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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847 Ridgewood Pl N, Los Angeles$1,399,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCovered, Detached Carport, Off Street
Garage4 spaces
Year Built1924
HeatingWall Furnace
MLS #PW24091136
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 847 Ridgewood Pl N

Welcome to N. Ridgewood Pl. Treelined street with legendary views of the Hollywood Sign. A great opportunity awaits in this Four Plex in Prime Location adjacent to Paramount Studios in Hollywood, CA! There are four units in the building consisting of: Unit 1 with 2 bdrm + 1 bthrm; Remaining 3 Units are 1 bdrm +1bath each. Total Living area of approximately 4029 sq. ft. All units are occupied and sold with tenants. The lot size is approximately 6737 sq. ft. Oversized garage area with additional parking available on premise. This building is large enough to remodel and redesign for investor or developer or simply tear down and build your dream home in this highly desirable location in Melrose. Remodel and redesign and enjoy backyard views of the iconic Hollywood sign and Griffith Observatory. Conveniently located within walking distance to some of the best shopping and dinning in LA, as well as local hiking trails and nightlife in Hollywood. Also near Larchmont Village, The Grove, 101, 10, 5 and 405 Highway. Public Transportation. Near West Hollywood, schools, and just about something for everyone. Please don't disturb tenants. Seller is selling this property in its present "as is condition" and will not make any repairs or improvements. Financial information provided by property owners and not guaranteed by Agent, affiliates or seller. Buyer to fully investigate through escrow. Seller has made upgrades to units. The Building has been managed by the owner and has potential for new management with upside in rents.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1924
  • Stories: 2

Listing Office:

  • Office Name: Realty Connection Group
  • Office Phone: (562) 677-5117
  • Listing Agent: Carolyn Delgado

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Covered, Detached Carport, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Helen Bernstein High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Off Melrose Ave/N. Ridgewood Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,999
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$995.9K

Med. Price/SqFt

$635

Avg. Days On Market

33

# of Sold Homes

1589

847 Ridgewood Pl N vs Los Angeles

25 DAYS ON ROCKET

-8 Days

$1,399,999

+$404K More

KEY TAKEAWAY

This property is $404K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24091136

Listing Office:

  • Office Name: Realty Connection Group
  • Office Phone: (562) 677-5117
  • Listing Agent: Carolyn Delgado

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2024, 7:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7148433
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.75 miles

  • Public Magnet Grades KG-6

school-card-donut-7148434
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.12 miles

  • Public Magnet Grades 1-5

school-card-donut-7148435
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 25.79 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-7148436
4
/10

  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 0.56 miles

  • Public Magnet Grades 6-8

school-card-donut-7148437
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.65 miles

  • Public District Grades 6-8

High School

school-card-donut-7148438
2
/10

  • Helen Bernstein High School

  • 1309 N Wilton Pl

  • 0.57 miles

  • Public District Grades 9-12

school-card-donut-7148439
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.81 miles

  • Public Magnet Grades 9-12

school-card-donut-7148440
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.90 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,876. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90038›847 Ridgewood Pl N

This home is located at 847 Ridgewood Pl N in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This home, which was built in 1924, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,399,999.

While more than 766 listings in Los Angeles, CA in May 2024 were sold above asking price, there were more than 198 listings sold at asking price, and more than 625 were sold below. The inventory of homes for sale in Los Angeles, CA between April 2024 and May 2024 increased by 15.4%. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.

From Rocket Homes Real Estate and based on county public records data.

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