
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
PRIME Hancock Park location with easy access to both Larchmont Village and Koreatown
Rare opportunity to own 25+ units in Hancock Park. Only 4 trades of 25+ units in last 3 years
Large, spacious units average 760+ square feet each
Separately metered electricity
Building fully repiped and supply lines all replaced
Brand new roof added 2 years ago
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
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$294,355
Price p/ Sq. ft.
$$385
Proforma Cap Rate
5.55%




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Sales agent
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