Active

1221 N Formosa Avenue

West Hollywood CA, 90046

$2,290,000


$1,065.12 per sqft

Active

3 Beds

3 Baths

2,150 sqft

Residential

Built in 1932

Listed by Lauren Shepherd with Shepherd Realty Group 951-207-5454

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.

24397077

MLS ID

May 30, 2024

Listed

August 30, 2024

Updated

Map

1221 N Formosa Avenue
West Hollywood CA, 90046

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

3


Laundry Description

Laundry Closet


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

C10 - West Hollywood Vicinity


Days on Market

75


Garage

No


Parking

Driveway


Parking Total

2


View

No


County

Los Angeles


Pool

No


Zoning

WDR3B*

Listing History

Date

Event

Price

6/8/2024

Price change

$2,290,000

-4%

Listing Contact: 951-328-8990 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:08 PM UTC

 

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