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1002 North Ridgewood Place

1002 North Ridgewood Place, Los Angeles, CA 90038
1002 North Ridgewood Place has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1923 and is 101 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 1002 North Ridgewood Place has 1,533 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,163 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1002 North Ridgewood Place was last sold in Aug 2, 2021 for $1,830,000. According to our calculations, that's $1,193.74 per sqft. Prior to that sales transaction, the property was sold for $1,275,000 in Dec 1, 2020. Current property owners are expected to pay $21,652 in taxes per year. The property on 1002 North Ridgewood Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,866,600. To break that down further, the land itself was valued at $1,428,000. While improvements to the property were assessed at a total of $438,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Assigned Parking

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210318
03/18/2021
Studio
-
-
$1,849,000
bedrooms
Studio
bathrooms
-
$1,830,000 -1.03%
09/20/2021
Yohann Bensimon

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,163
  • Total Building Area: 1,533
  • Building Area: 1,533
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,533
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1886
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 1886 LOT/SEC 56

Ownership

  • Current Owner : KUMJIAN JERRY
  • Current Owner 2: KUMJIAN KATERINA
  • Previous Owner : RIDGEWOOD PROPERTIES LLC
  • Owner Before Previous Owner: RCF DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191720

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-D4
  • Subdivision Tract Number: 1886
  • Parcel: 5536-017-032
  • Lot: 56
  • Municipality: WEST /HOLLYWOOD
  • Latitude: 34.089
  • Longitude: -118.314

    Address

  • Full Address: 1002 N Ridgewood Pl
  • Address - House Number: 1002
  • Street Direction: N
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 3254
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,652
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,834,324
  • High Value: 1,958,602
  • Low Value: 1,710,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,272,582
  • First Open Lien Mortgage Lender: NMSI INC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $1,272,582
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,866,600
  • Assessed Land Value: $1,428,000
  • Assessed Improvements Value: $438,600

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11855913945
  • Current Sale Price: $1,830,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1433528
  • Previous Sale Recording Date: Feb 08, 2021
  • Previous Sale Contract Date: Dec 01, 2020
  • Previous Sale Amount: $1,275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $1,272,582
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE BANK OF CALIFORNIA
  • Previous Mortgage Transaction Date: Feb 08, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Central LA



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Frequently Asked Questions

What neighborhood is 1002 North Ridgewood Place located in?
The 1002 North Ridgewood Place is a other located in the neighborhood of Hollywood Studio District in Central LA, Los Angeles.
What is the average sales price for listings in 1002 North Ridgewood Place?
The average sales price for units in 1002 North Ridgewood Place is $1,849,000 currently.

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