833 North Ridgewood Place, Los Angeles, CA 90038 For Sale

Live Upstairs, Rent the Rest - Spacious Hollywood Triplex (3,136 Sq Ft + Development Potential) Own a versatile triplex in the heart of Hollywood with 3,136 sq ft of living space—perfect for both owner-users and investors seeking rental income and future development upside. The entire upper level is a Large 2-bedroom, 1-bath owner's unit, which will be delivered vacant—ready for immediate move-in or market-rate leasing. This light-filled space includes a large living room, breakfast nook, dining room, laundry room, and both front and rear entrances. Step outside to enjoy two private rooftop patios, ideal for entertaining or relaxing in the California sun. The two 1-bedroom, 1-bath units on the lower level are tenant-occupied, generating steady income to help offset mortgage expenses. Also included is a 3 car garage with an additional yard. 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 within easy reach. You're minutes from major studios, hospitals, and the future Echelon Studios Complex, a 550,000 sq ft production and retail hub slated to open in 2026.Even more potential: The current building ordinance allows for additional units and ADUs (Accessory Dwelling Units)—offering a rare chance to expand and increase cash flow in a high-demand rental area. This is a unique opportunity to live, earn, and build in one of LA's most desirable and centrally located neighborhoods.Buyer to independently verify all information, including square footage, zoning, and development potential.