723 N Ridgewood Place, Los Angeles, CA 90038
Fourplex
Sold January 2026
Listing Agent: Meline Khacheryan (DRE #02160104) · Listing Office: RE/MAX One · Contact: 818-851-7311 · Bought with: Meline Khacheryan · RE/MAX One · MLS #SR25199290 · Source: CRMLS
How this sale compares
723 N Ridgewood Place sold for $950,000 in January 2026, 30% under its $1,350,000 list price, after 108 days on the market. It was first listed at $1,500,000. That works out to $255 per square foot on 3,732 square feet. Across 41 closed sales in 90038 over the last 12 months, the median sold price is $1,183,000 and the median is $594 per square foot, 133% above this sale's $255. 4-bedroom rentals in 90038 currently list at a median of $5,867 a month (12 listings).
| Quarter | Closed sales in 90038 | Median sold price |
|---|---|---|
| Q1 2026 | 5 | $950,000 |
| Q2 2026 | 19 | $1,176,500 |
| Q3 2026 | 16 | $1,266,300 |
| Q4 2026 | 1 | $2,360,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90038
Description
Incredible opportunity to own a well-maintained 4-unit property located in one of L.A.'s most iconic neighborhoods. Each spacious 1 bed, 1 bath unit features in-unit laundry, a well-appointed layout, and comfortable living space. Tenants enjoy the convenience of their own garage and carport parking space, a rare find in the area. Whether you're an investor or looking to live in one unit and rent the others, this centrally located property is close to studios, shopping, dining, and everything Hollywood has to offer!
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 723 N Ridgewood Place
741 1/2 N Gramercy: Sold $1,350,000 · 3 bd · 4 ba · 2,267 sqft · Apr 2026 · 0.1 mi
Compass | DRE #01448754
Buyer's agent: Nolan Nardecchia, Compass | DRE #02356841733 1/2 N Gramercy Place: Sold $1,150,000 · 3 bd · 4 ba · 2,015 sqft · Jul 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01896614
Buyer's agent: Jana Conley, Compass | DRE #01876134856 N Van Ness Avenue 6: Sold $539,000 · 2 bd · 2 ba · 890 sqft · Jul 2026 · 0.2 mi
Property Concierge | DRE #01983759
Buyer's agent: BRANDON DOTSON, COMPASS | DRE #017412875118 Melrose Avenue: Sold $1,030,000 · 2 bd · 3 ba · 1,520 sqft · Jun 2026 · 0.2 mi
Coldwell Banker Realty | DRE #01968942
Buyer's agent: Thomas Chorley, Redfin | DRE #020629505412 Monroe Street: Sold $1,030,000 · 4 bd · 3 ba · 2,368 sqft · May 2026 · 0.2 mi
eXp Realty of Greater Los Angeles | DRE #02244215
Buyer's agent: Subscriber Non, Non-Participant Office | DRE #132525552 Barton Avenue: Sold $940,000 · 2 bd · 1 ba · 1,548 sqft · Mar 2026 · 0.2 mi
Equity Union | DRE #01464936
Buyer's agent: Nicole Apostolos, Equity Union | DRE #01464936745 N Manhattan Place: Sold $624,000 · 2 bd · 2 ba · 1,082 sqft · Apr 2026 · 0.3 mi
Compass | DRE #01958503
Buyer's agent: Tricia Loper, Compass | DRE #02169498961 N St Andrews: Sold $2,360,000 · Oct 2026 · 0.3 mi
Kingdom Real Estate Group, Inc | DRE #01885512
Buyer's agent: Tes Poblete, Premiere Home Funding, Inc | DRE #01466976
Closed sales reported in 90038, nearest first, last 12 months. All recent sales in Los Angeles →