1221 N Formosa Ave Active Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90046
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,150 sqft
Price per Sqft $1,065
MLS Listing ID 24-397077
Bedrooms 3
Year Built 1932
Lot Size 6,755 Sqft
Acres 0.1551
Property Description
One of the last remaining R3 lots ready for development in City of West Hollywood on Formosa. Larger than most lots at 6,755 SF and very lush with mature trees/shrubs or room to add an ADU for a total of 3 units. Located between Santa Monica Blvd and Fountain with a 92 Walkscore for restaurants shopping and dining, near luxury Heimat gym, Trader Joe's and many production studios including Netlfix. Savvy developer or investor can 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, 18 luxury condos recently broke ground at 1242 N formosa. Home occupied by owner, tenant in back unit, CAN NOW BE DELIVERED VACANT. Seller financing possible. Please call for details.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR3B*
Rooms
Other Rooms None
Interior
Heating Central
Cooling Air Conditioning, Central
Equipment None
Laundry Laundry Area, In Closet
Exterior
Garage Driveway
Garage Spaces 2.0
Building
Level or Stories One
Others
Special Listing Condition Standard