926 N Ridgewood Place, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath

926 N Ridgewood Place, Los Angeles, California 90038 home-pic-0
ACTIVE UNDER CONTRACT$1,329,000
926 N Ridgewood Place, Los Angeles, California 90038
3Beds
4Baths
2,240Sqft
1,407Lot
Year Built
2023
Close
-
List price
$1.33M
Original List price
$1.35M
Price/Sqft
$593
HOA
-
Days on market
-
Sold On
-
MLS number
25514333
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Deck
ViewCity Lights,Hills

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.33M(93th), sqft - 2240(79th), beds - 3(50th), baths - 4(50th).

Discover modern elegance in this stunning 3-bedroom, 4-bathroom home, perfectly situated in a private enclave adjacent to Paramount Studios. Thoughtfully designed with a sophisticated multi-level layout, this home boasts an airy open floor plan, high-end finishes, and seamless indoor-outdoor living. The main level features a stylish living area with floor-to-ceiling folding glass doors, opening to an oversized balcony ideal for entertaining. The gourmet chef's kitchen is a masterpiece, complete with quartz countertops, custom cabinetry, a walk-in pantry, and top-of-the-line stainless steel appliances. Upstairs, two expansive primary suites offer luxurious retreats, each with custom walk-in closets, spa-inspired ensuite baths, and sleek, modern showers. The lower level provides direct access from the private two-car garage with built-in storage, leading to a third bedroom and bath perfect for guests or a home office. Crowning this exquisite home is a sprawling private rooftop deck, where breathtaking views of the Hollywood Sign, Griffith Observatory, and Downtown Los Angeles create an unforgettable backdrop. Located near the highly anticipated Echelon Studios project, this property offers exceptional value and an unparalleled opportunity. Nestled in a highly desirable location, you're just moments from Larchmont Village, Hollywood, Koreatown, and Downtown LA, with premier dining, shopping, and entertainment at your doorstep. Experience the perfect blend of luxury, privacy, and convenience in the heart of Los Angeles.

Price History

Date
Event
Price
02/28/24
Sold
$1,350,000
01/22/24
Sold
$1,350,000
01/04/24
Sold
$1,360,000
11/28/23
Sold
$1,300,000
11/09/23
Sold
$1,282,000
10/26/23
Sold
$1,275,000
08/03/23
Sold
$1,250,000
Condition Rating
Excellent

This property was built in 2023, making it brand new construction. The description highlights 'modern elegance,' 'high-end finishes,' a 'gourmet chef's kitchen' with quartz countertops, custom cabinetry, and top-of-the-line stainless steel appliances, and 'spa-inspired ensuite baths' with 'sleek, modern showers.' The images confirm these details, showcasing contemporary design, light wood-look flooring, recessed lighting, and pristine conditions in all areas, especially the kitchen and bathrooms. There is no deferred maintenance or physical depreciation, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2023, this home offers modern elegance, an airy open floor plan, and high-end finishes throughout, ensuring a contemporary and move-in ready living experience.
Prime Location & Investment Potential: Strategically located in a private enclave adjacent to Paramount Studios, moments from Larchmont Village, Hollywood, Koreatown, and Downtown LA, with proximity to the anticipated Echelon Studios project, offering strong future appreciation.
Panoramic Rooftop Deck: Features a sprawling private rooftop deck with breathtaking views of the Hollywood Sign, Griffith Observatory, and Downtown Los Angeles, ideal for entertaining and relaxation.
Gourmet Chef's Kitchen: The kitchen is a masterpiece, equipped with quartz countertops, custom cabinetry, a walk-in pantry, and top-of-the-line stainless steel appliances, catering to culinary enthusiasts.
Luxurious Primary Suites & Versatile Layout: Includes two expansive primary suites with spa-inspired ensuite baths and custom walk-in closets, plus a versatile third bedroom and bath on the lower level perfect for guests or a home office.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1407, living area = 2240.
Small Lot Size: The property's lot size of 1407 sqft is relatively small for a single-family residence, limiting traditional yard space and outdoor activities beyond the balconies and rooftop deck.
Multi-Level Layout: The sophisticated multi-level layout, while offering distinct living zones, may not appeal to buyers seeking single-story living or those with mobility challenges due to numerous stairs.
Lack of Explicit Cooling System Mention: The description does not explicitly mention a central air conditioning system, which could be a concern for comfort during Los Angeles' hotter months, despite being a new construction.

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