A street view of a multi-story building at 245 n ridgewood, with balconies, greenery, and clear blue skies in the background.

Closed Listing

31 Units in Hancock Park Sold @ 16.70 GRM

245 n ridgewood

sold in

Hancock Park

Sold At

$

9,125,000

31

Number of Units

1970

Year Built

29,514

SF

Square Footage

11,992

SF

Lot Size

LAR3

Zoning

245 N Ridgewood Pl, Los Angeles, CA 90004

About the Property

  1. PRIME Hancock Park location with easy access to both Larchmont Village and Koreatown

  2. Rare opportunity to own 25+ units in Hancock Park. Only 4 trades of 25+ units in last 3 years

  3. Large, spacious units average 760+ square feet each

  4. Separately metered electricity

  5. Building fully repiped and supply lines all replaced

  6. Brand new roof added 2 years ago

  7. NOT ON THE LIST FOR SOFT STORY RETROFIT

31

Number of Units

1970

Year Built

29,514

SF

Square Footage

11,992

SF

Lot Size

LAR3

Zoning

245 N Ridgewood Pl.
Beverly Grove / Melrose / Fairfax

Offering Price

$9,125,000

Number of Units

31 Units

Price per. Unit

$294,355

Bldg. Size

29,514 SF

Price per Foot

$$385

Lot Size

11,992 SF

Year Built

1970

Current CAP

3.44%

Market CAP

5.55%

Zoning

LAR3

Detailed Brochure on Real Estate Opportunities

Price P/ Unit

$294,355

Price p/ Sq. ft.

$$385

Proforma Cap Rate

5.55%

Contact

Sales agent

Email Us

Email Us

Email Us

A modern building with multiple stories at 245 n ridgewood, surrounded by trees and cars under a clear blue sky.
A modern building with multiple stories at 245 n ridgewood, surrounded by trees and cars under a clear blue sky.
A modern building with multiple stories at 245 n ridgewood, surrounded by trees and cars under a clear blue sky.
A modern building with multiple stories at 245 n ridgewood, surrounded by trees and cars under a clear blue sky.
Street view of a parking garage entrance beside a building, at 245 n ridgewood, with a tree and clear blue sky.
Street view of a parking garage entrance beside a building, at 245 n ridgewood, with a tree and clear blue sky.
Street view of a parking garage entrance beside a building, at 245 n ridgewood, with a tree and clear blue sky.
Street view of a parking garage entrance beside a building, at 245 n ridgewood, with a tree and clear blue sky.
Stone staircase leading up to a brightly lit entrance at 245 n ridgewood, with glass doors and decorative elements.
Stone staircase leading up to a brightly lit entrance at 245 n ridgewood, with glass doors and decorative elements.
Stone staircase leading up to a brightly lit entrance at 245 n ridgewood, with glass doors and decorative elements.
Stone staircase leading up to a brightly lit entrance at 245 n ridgewood, with glass doors and decorative elements.
Street view featuring a multi-story building at 245 n ridgewood, with trees and parked cars under a clear blue sky.
Street view featuring a multi-story building at 245 n ridgewood, with trees and parked cars under a clear blue sky.
Street view featuring a multi-story building at 245 n ridgewood, with trees and parked cars under a clear blue sky.
Street view featuring a multi-story building at 245 n ridgewood, with trees and parked cars under a clear blue sky.

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

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Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
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Max Berger

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Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
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Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

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Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

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Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

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Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628