733 N Ridgewood Place

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733 N Ridgewood Place

Hollywood, CA 90038
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit multifamily asset located in Hollywood California
  • Offered for sale at a price of 1,495,000
  • Property situated at the address 733 N Ridgewood Place
  • Apartment building suited for residential investment strategies
  • Positioned within a dense and active rental submarket

What's Special

Hollywood serves as a primary hub for the entertainment industry and maintains a dense, transit-oriented population within the Los Angeles metro area. This multifamily apartment building at 733 N Ridgewood Place sits within this active submarket, offering proximity to major studios and regional employment centers. The asset provides a direct investment opportunity for those seeking residential rental inventory in an area characterized by consistent demand for housing. Given the configuration of this four-unit structure, it is well-suited for investors focusing on value-add strategies or long-term portfolio growth in a supply-constrained environment. Prospective buyers gain a foothold in a central location that remains highly accessible via major thoroughfares and public transit corridors throughout the city.

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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332

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