2974 Ripple Place 203, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 3 bath
Loading property details...
Los Angeles, California 90039
This Modern Frogtown Townhome is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $1,009,457 Fair Market Value by 15%. This valuation gap offers $160,457 in Instant Equity for savvy buyers. Boasting an Excellent Condition Rating, the 2016 build features Quartz Countertops, Engineered Hardwood, and a Private Patio with scenic River and Mountain Views. Located steps from the LA River Bike Path with resort-style amenities, this is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2974 Ripple Place 203 Subject | $849,000* List Price | 3 | 3 | 1,520 | $664 | - |
A 2978 Ripple Place 105 Sold | $742,000 | 2 | 2 | 1,070 | $693 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year threshold for an excellent rating. The listing describes a modern, move-in-ready interior featuring engineered hardwood, quartz countertops, and stainless steel appliances. The bathrooms include contemporary quartz vanities and undermount sinks, reflecting current design standards with no evidence of deferred maintenance or significant wear.
Situated in the heart of the trendy Frogtown neighborhood, this property offers unparalleled access to the LA River Bike Path and the 40-acre Marsh Park, perfectly blending urban living with outdoor recreation.
Built in 2016, this contemporary home features high-end finishes including quartz countertops, stainless steel appliances, and engineered hardwood, ensuring a move-in-ready experience with minimal maintenance.
Residents benefit from premium shared spaces including a central courtyard with dual BBQ stations, a double-sided fireplace, and gated underground parking with additional storage, enhancing the overall lifestyle value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12660, other record lot size in square feet = 574.
The monthly association fee of $533.41 represents a significant recurring carrying cost that may impact the budget and purchasing power of some prospective buyers.
While some nearby schools are highly rated, several assigned public schools in the immediate area have lower performance scores, which may be a concern for families prioritizing education.
A Stylish Retreat by the LA River. Welcome to River House, an exclusive community of just 56 modern townhomes and flats, nestled in the heart of Frogtown, one of LA's most vibrant and creative neighborhoods. Positioned along the scenic LA River Bike Path and adjacent to the lush, 40-acre Marsh Park, this exceptional 3-bedroom, 3-bath townhome offers the perfect blend of urban convenience and natural tranquility. Step inside to experience a thoughtfully designed interior with engineered hardwood, tile, and plush carpet flooring throughout. The open-concept kitchen is equipped with sleek Quartz countertops, stainless steel appliances, and contemporary cabinetry ideal for both everyday living and entertaining. The spacious living and dining areas are perfect for hosting friends and family, while the bathrooms feature modern Quartz vanities, undermount sinks, and minimalist finishes that elevate the design. A private patio extends your living space outdoors, providing the perfect spot for relaxation or outdoor dining. The convenient hallway laundry closet further enhances the practicality of this home. River House residents enjoy a range of resort-style amenities, including a gated underground parking garage with additional storage. The beautifully landscaped central courtyard features shade sails, dual BBQ stations, a double-sided fireplace, chic lounge seating, and multiple gathering areas with a granite-topped bar perfect for socializing or unwinding. Located in the heart of Frogtown, you're just steps away from local favorites Perfectly situated near the LA River bike path, Lewis MacAdams Riverfront Park, and local favorites like Happier Cafe LA, Spoke, and Wax Paper, with easy access to Silver Lake, Echo Park, Atwater Village, and Downtown Los Angeles. Whether you're cycling along the river path, enjoying a sunset stroll through Marsh Park, or dining at one of the neighborhood's celebrated eateries, River House offers a lifestyle that blends the best of nature and city living. Experience the perfect combination of style, nature, and community. Discover your new home at River House.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 77% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,520 | 1,243 | 85% |
| Lot Size | 12,660 | 16,566 | 46% |
| Price | $849.0K | $964.9K | 46% |
| Price per sq ft | $559 | $780 | 15% |
| Built year | 2016 | 1982 | 77% |
| HOA | $533.41 | $498 | 54% |
| Days on market | 50 | 169 | 15% |
Mar 3, 2026
$849,000
Initial Listing
Jul 14, 2017
$640,000
Public Record