1221 N Formosa Ave West Hollywood , CA 90046
| Property type: | Single Family Residence |
| MLS #: | 24-414293 |
| Year Built: | 1932 |
| Days On Market: | 50 |
| County: | Los Angeles |
Property Details / Mortgage Calculator / Community Information / Architecture / Features & Amenities / Rooms / Property Features
Property Details
One of the last remaining R3 lots ready for development in City of West Hollywood on Formosa or for owner occupant to make their home with additional rental income. Located between Santa Monica Blvd and Fountain with a 92 Walkscore. A block away from luxury gym Heimat, Formosa Cafe and Trader Joes, Target, Ralphs, and shops and dining on Sycamore. Larger than most lots at 6,755 SF and very lush with mature trees/shrubs. Main home has been owner occupied for 30 years, ADU now vacant with no history of low income tenants, previous tenant was paying $2571 per month. Main home has 2 bedrooms,1 bathroom and an oversized open floor plan kitchen designed by current owner and completed in the mid 90s. Back unit is 1 bed 1 bath. Indoor laundry room with 3rd bathroom connect the two structures. Both are in well kept, clean condition, suitable for your tenants or owner occupant. One of the larger lots in the area at 6,755 SF with lush grounds and functioning koi pond. Driveway suitable for 4 cars. Savvy developer or investor can add additional ADU on lot, or build luxury small lot subdivision SFR/condos. Affordable housing possibilities and AB2097 eligible for limited or reduced parking requirements. No ULA tax. Wide street, easy construction access. Five 3-level townhomes directly next door are currently under construction nearing completion, as well as 2 other similar projects nearing completion on street. 18 luxury condos recently broke ground at 1242 N formosa. Seller financing and/or flexible escrow terms may be available. Please inquire.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Mortgage Calculator
PURCHASE & FINANCING INFORMATION |
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Community Information
| Address: | 1221 N Formosa Ave West Hollywood , CA 90046 |
| Area: | WDR3B* - West Hollywood Vicinity |
| County: | Los Angeles |
| City: | West Hollywood |
| Zip Code: | 90046 |
Architecture
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Year Built: | 1932 |
| Stories: | 1 |
| Style: | Spanish |
Garage / Parking
| Parking Garage: | Driveway |
Community / Development
Features / Amenities
| Flooring: | Hardwood |
| Laundry: | Room |
| Pool: | None |
| Spa: | None |
| Other Structures: | Other |
| Private Pool: | No |
| Private Spa: | Yes |
| Common Walls: | Detached/No Common Walls |
| Cooling: | Air Conditioning |
| Heating: | Forced Air |
Rooms
| Other |
Property Features
| Lot Size: | 6,755 sq.ft. |
| View: | None |
| Zoning: | WDR3B* |
| Directions: | On west side of street between Fountain and Santa Monica Blvd. |
Tax and Financial Info
| Buyer Financing: | Cash |
Detailed Map
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Active
$ 2,290,000
3 Beds
3 Full
2,150 Sq.Ft
6,755 Sq.Ft
Home
