Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

2974 Ripple Place 203

Los Angeles, CA, 90039

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$849,000

MLS: 26634187

Beds

3

Baths

3

Sq Ft

1,520

Lot

0.29 ac

Year Built

2016

MLS #

26634187

Days on Market

44

Listed

Mar 3, 2026

Description

A Stylish Retreat by the LA River. Welcome to River House, an exclusive community of just 56 modern townhomes and flats, nestled in the heart of Frogtown, one of LA's most vibrant and creative neighborhoods. Positioned along the scenic LA River Bike Path and adjacent to the lush, 40-acre Marsh Park, this exceptional 3-bedroom, 3-bath townhome offers the perfect blend of urban convenience and natural tranquility. Step inside to experience a thoughtfully designed interior with engineered hardwood, tile, and plush carpet flooring throughout. The open-concept kitchen is equipped with sleek Quartz countertops, stainless steel appliances, and contemporary cabinetry ideal for both everyday living and entertaining. The spacious living and dining areas are perfect for hosting friends and family, while the bathrooms feature modern Quartz vanities, undermount sinks, and minimalist finishes that elevate the design. A private patio extends your living space outdoors, providing the perfect spot for relaxation or outdoor dining. The convenient hallway laundry closet further enhances the practicality of this home. River House residents enjoy a range of resort-style amenities, including a gated underground parking garage with additional storage. The beautifully landscaped central courtyard features shade sails, dual BBQ stations, a double-sided fireplace, chic lounge seating, and multiple gathering areas with a granite-topped bar perfect for socializing or unwinding. Located in the heart of Frogtown, you're just steps away from local favorites Perfectly situated near the LA River bike path, Lewis MacAdams Riverfront Park, and local favorites like Happier Cafe LA, Spoke, and Wax Paper, with easy access to Silver Lake, Echo Park, Atwater Village, and Downtown Los Angeles. Whether you're cycling along the river path, enjoying a sunset stroll through Marsh Park, or dining at one of the neighborhood's celebrated eateries, River House offers a lifestyle that blends the best of nature and city living. Experience the perfect combination of style, nature, and community. Discover your new home at River House.

Location

Los Angeles, Los Angeles County, CA 90039

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Listed by: Yonnine Hawkins Garr · Chase Skye Realty Group

Payment estimate

$6,198

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100

%
Principal & Interest
$4,695
Property tax (1.25%)
$884
Homeowners insurance
$300
Mortgage insurance
$318
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $29,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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