CA > West Hollywood
West Hollywood, CA 90046,1221 N Formosa Ave
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West Hollywood, CA 90046,1221 N Formosa Ave
West Hollywood, CA 90046,1221 N Formosa Ave
West Hollywood, CA 90046,1221 N Formosa Ave
West Hollywood, CA 90046,1221 N Formosa Ave
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Brandon Arlington

Brandon Arlington

+1(781) 385-0196
$ 2,290,000
Est. payment /mo
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Active

1221 N Formosa Ave West Hollywood, CA 90046

3 Beds

3 Baths

2,150 SqFt

UPDATED:

08/13/2024 06:17 PM

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

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Shepherd Realty Group