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Hollywood Vacant Four-Unit Fixer Opportunity
For Sale
$1,500,000

812 N Ridgewood, Los Angeles, CA 90038

Vacant four-unit property in prime Hollywood location, ready for remodel.

Days on Market98

Property Features for 812 N Ridgewood

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1922
Listing Agency: Won Suk Kim Real Estate, Inc.
Listed By: Ixbalanque Garcia · License #02035537
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 10:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Won Suk Kim Real Estate, Inc.

Investment Insights

Based on property information with market context.

Located at 812 N Ridgewood Pl in Los Angeles, this vacant four-unit property presents a full rehabilitation opportunity in a desirable rental market. The property is ready for a complete remodel, with demolition already completed. This is a value-add project with upside potential, ideal for investors, developers, and contractors. Buyers have the flexibility to renovate and lease at market rents or reposition the asset for long-term appreciation. The property is located near Larchmont Village, benefiting from rental demand and proximity to shopping, dining, and entertainment. It is also minutes from the Hollywood Walk of Fame and major studios, attracting tenants seeking central access to Los Angeles. Convenient access to major thoroughfares facilitates commuting. This investment opportunity is suitable for a fix & flip, BRRRR strategy, or long-term hold in a high-demand rental corridor. The property has a bike score of 76, indicating it is very bikeable, a walk score of 91, designating it as a walker's paradise, and a transit score of 51, suggesting good transit options.

Key Highlights

  • Vacant 4‑Unit Property: Allows for immediate renovation and leasing at market rates.
  • Prime Hollywood Location: High rental demand and close proximity to Larchmont Village, Hollywood Walk of Fame, studios, shopping, dining, and entertainment.
  • Full Rehab Opportunity: Demo is already completed, ready for immediate construction.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Garden Center Accounting Firm Nursing Home Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,210
Businesses Nearby

Demographics for 90038, CA

27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Vacant four-unit property in prime Hollywood location, ready for remodel.
Where is this quadplex located?
The property is located at 812 N Ridgewood Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Vacant 4‑Unit Property: Allows for immediate renovation and leasing at market rates.; Prime Hollywood Location: High rental demand and close proximity to Larchmont Village, Hollywood Walk of Fame, studios, shopping, dining, and entertainment.; Full Rehab Opportunity: Demo is already completed, ready for immediate construction.
More about this property
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