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737 N Ridgewood Pl 6 Unit Apartment Building $2,200,000 ($366,667/Unit) 5.67% Cap Rate Los Angeles, CA 90038
Executive Summary
Don’t miss this amazing 6 unit apartment property offering strong rental potential in one of LA's most iconic neighborhoods. Spanning 5,262
square feet, the building features a mix of four spacious 1 bedroom/1 bath units and two generous 2 bedroom/2 bath units, perfect for attracting a
variety of tenants. Whether you're an investor looking to expand your portfolio or a buyer seeking steady income in a high-demand area, this
Hollywood gem offers long term value and upside potential. Located near studios, shopping, transit, and the vibrant energy of Hollywood, this is a
rare opportunity to own multifamily in a prime location!
square feet, the building features a mix of four spacious 1 bedroom/1 bath units and two generous 2 bedroom/2 bath units, perfect for attracting a
variety of tenants. Whether you're an investor looking to expand your portfolio or a buyer seeking steady income in a high-demand area, this
Hollywood gem offers long term value and upside potential. Located near studios, shopping, transit, and the vibrant energy of Hollywood, this is a
rare opportunity to own multifamily in a prime location!
Property Facts
| Price | $2,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $366,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.67% | Building Size | 5,262 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 - 0500 - 5 Or More Apts Or Units, Coop Or Oyo Projects - 4 | ||
| Price | $2,200,000 |
| Price Per Unit | $366,667 |
| Sale Type | Investment |
| Cap Rate | 5.67% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,262 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - 0500 - 5 Or More Apts Or Units, Coop Or Oyo Projects - 4 |
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 5535-002-018 | Improvements Assessment | $211,360 |
| Land Assessment | $211,070 | Total Assessment | $422,430 |
Property Taxes
Parcel Number
5535-002-018
Land Assessment
$211,070
Improvements Assessment
$211,360
Total Assessment
$422,430
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737 N Ridgewood Pl
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