TRIPLEX WITH ONE UNIT VACANT 833 N Ridgewood Pl 3 Unit Apartment Building $1,075,000 ($358,333/Unit) 5.48% Cap Rate Los Angeles, CA 90038

One 2 Bedroom unit Vacant | Spacious Hollywood Triplex Own a versatile triplex in the heart of Hollywood offering 3,136 sq ft of total living space, ideal for owner-users, investors, or those seeking future development upside. The entire upper level features a large 2-bedroom, 1-bath owner's unit, to be delivered vacant, allowing for immediate move-in or market-rate leasing. This bright and expansive residence includes a generous living room, breakfast nook, dining room, laundry room, and both front and rear entrances. Two private rooftop patios. The two lower-level 1-bedroom, 1-bath units are tenant-occupied, providing steady rental income to help offset ownership costs. The property also includes a 3-car garage and an additional yard, offering valuable outdoor and parking space. Ideally located just off Wilton Place and Santa Monica Boulevard, the property boasts a Walk Score of 90, with restaurants, cafes, shops, and Larchmont Village all nearby. Minutes from major studios, hospitals, and the future Echelon Studios Complex, a 550,000 sq ft production and retail hub scheduled to open in 2026. Additional upside: Current zoning and building ordinances may allow for additional units and ADUs, presenting a rare opportunity to expand and increase cash flow in a high-demand rental market.