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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

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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!

PROPERTY FACTS

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 - -
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5535-002-018
Land Assessment
$211,070
Improvements Assessment
$211,360
Total Assessment
$422,430
  • Listing ID: 36754767

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 737 N Ridgewood Pl, Los Angeles, CA 90038

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