922 N Ridgewood Pl, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

922 N Ridgewood Pl, Los Angeles, California 90038 home-pic-0
ACTIVE$1,395,000
922 N Ridgewood Pl, Los Angeles, California 90038
3Beds
4Baths
2,240Sqft
1,407Lot
Year Built
2023
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$623
HOA
$50
Days on market
-
Sold On
-
MLS number
BB25137392
Home ConditionExcellent
Features
Good View: Hills
Deck
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(83th), sqft - 2240(83th), beds - 3(67th), baths - 4(83th).

It's ROOF TOP SEASON - Sleek spacious corner unit is the sexy smart space you need in Melrose Hill, Los Angeles! This turnkey new construction is a perfect lock and go or pied-à-terre, not restricted by short term rentals: live, work, and rent/timeshare. Three bedrooms with en-suite bathrooms, plus powder room on level two; four levels culminate at rooftop terrace with epic view of the HOLLYWOOD sign. Two car garage includes overhead bike racks, second fridge, and car charger. Inside storage provides shelving, media closet, appliance depot (with additional electrical outlets) + custom closets close to Paramount Pictures, Netflix Headquarters, and Raleigh Studios. Sunset says, "This is L.A.'s Hottest Neighborhood Right Now." You can't beat the square footage, upgrades, and prime location. This sumptuous spot, intersected by Melrose, is home to Italian eatery Ètra, cool coffee shop Café Telgrama, chic L.A. Grocery and Café, and Filipino spot, Kuya Lord (Best Chef In California from the James Beard Foundation) is why Eater wrote, "How Melrose Hill Became LA’s Hottest Culinary Boom Town." Shop at Pop Up Home, have a splash at Bar Etoile, and explore global gallerist David Zwirner just steps away. Near Metro, Cinespia at Hollywood Forever (viewing iconic films), and Larchmont Village Farmers Market; Hancock Park adjacent. Calling all culture vultures - this is your sign to come check out this luxury loft like single family home on an ultra tiny lot in a premium position with three exposures for all the light. Also available for lease: $6,995 per month.

Price History

Date
Event
Price
02/28/24
Sold
$1,350,000
Condition Rating
Excellent

The property was built in 2023, so it's virtually new. The images show modern kitchens and bathrooms with high-quality finishes and fixtures. The overall condition appears to be excellent, with no visible deferred maintenance.
Pros & Cons

Pros

Prime Location: Located in Melrose Hill, a highly desirable and rapidly developing neighborhood known for its culinary scene and proximity to major studios like Paramount and Netflix.
New Construction: Turnkey new construction built in 2023, offering modern amenities and design.
Rooftop Terrace with Views: Features a rooftop terrace with epic views of the Hollywood sign, providing an excellent space for entertainment and relaxation.
Rental Potential: Not restricted by short-term rental regulations, offering excellent income potential through platforms like Airbnb.
Garage and Car Charger: Includes a two-car garage with overhead bike racks, a second fridge, and a car charger, catering to modern transportation needs.

Cons

Tiny Lot Size: Located on an ultra-tiny lot, which may limit outdoor space and landscaping options.
Association Fee: There is an association fee of $50.0, which adds to the monthly expenses.
Price Reduction: The property has experienced a price reduction from its original list price, which may indicate market resistance or perceived overpricing.

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