733 N Ridgewood Place, Hollywood, California 90038, Hollywood, 90038 - 0 bed, 0 bath
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Hollywood, California 90038
Analysis of 733 N Ridgewood Place, Hollywood, California 90038 is currently available with a list price of $1,495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While the structure dates to 1924, the interior shows a very recent, modern renovation (likely <5 years) as evidenced by the brand-new shaker cabinets (with painter's tape still attached), quartz countertops, and stainless steel appliances. The units appear to be in mint, move-in ready condition with updated flooring and in-unit laundry, meeting the criteria for a recent high-end renovation.
Situated near Paramount Studios and Melrose Avenue, the property is in a high-demand area with strong rental appeal and long-term investment potential.
Each of the four units features a spacious layout and its own private in-unit laundry room, a highly sought-after feature that commands premium rents.
The inclusion of dedicated on-site parking provides a significant competitive advantage in a densely populated neighborhood where street parking is notoriously difficult.
Built in 1924, the property may require significant capital expenditures for upgrades to aging systems such as plumbing, electrical, and roofing to maintain modern standards.
With a large 4,830 sqft building footprint on a 6,731 sqft lot, there is minimal remaining space for common outdoor areas or the addition of an Accessory Dwelling Unit (ADU).
Nestled in the heart of Historic Hollywood, this classic four-unit property embodies timeless Old-World Charm with a spacious layout and it's original character. This 4-plex offers comfort, convenience and a great investment potential in one of Los Angeles most desirable and sought-after neighborhoods. Prime Hollywood Location near Paramount Studios and Melrose Avenue. Each Unit has a spacious layout and its own private in-unit laundry room. On-site parking for tenant and owner convenience. Excellent opportunity for owner-user Close to shopping, dining, entertainment and major studios. High Demand area with strong long term investment potential for the savvy investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 2.0 | 50% |
| Square foot | 4,830 | 3,474 | 75% |
| Lot Size | 6,731 | 6,436 | 50% |
| Price | $1.50M | $1.01M | 75% |
| Price per sq ft | $310 | $322 | 50% |
| Built year | 1924 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 243 | 25% |
Apr 30, 2026
$1,495,000
Initial Listing
Nov 14, 2000
$288,000
Public Record