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$ 2,730,000
$ 2,850,000 4.2%
Est. payment /mo
Sold on 04/29/2025
1235 N Formosa Avenue West Hollywood, CA 90046
5 Beds
4 Baths
6,732 Sqft Lot
UPDATED:
Key Details
Sold Price $2,730,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25091539
Sold Date 04/29/25
Bedrooms 5
HOA Y/N No
Lot Size 6,732 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to offer 1235 N Formosa Ave, West Hollywood, CA 90046a prime value-add opportunity consisting of 10 apartment units with strong upside potential. Built in the 1960s, the property features spacious 1- and 2-bedroom units, totaling approximately 8,900 sq. ft. of building area on a 6,756 sq. ft. lot, with 10 subterranean single parking spaces. Ideally situated just one block north of Santa Monica Blvd. and west of La Brea Ave., this property lies in the heart of one of Los Angeles most vibrant and walkable neighborhoods. With a Walk Score of 91, residents enjoy easy access to an array of dining, shopping, and entertainment optionsmaking it a highly desirable location for tenants and a strategic investment for new ownership.
We are pleased to offer 1235 N Formosa Ave, West Hollywood, CA 90046a prime value-add opportunity consisting of 10 apartment units with strong upside potential. Built in the 1960s, the property features spacious 1- and 2-bedroom units, totaling approximately 8,900 sq. ft. of building area on a 6,756 sq. ft. lot, with 10 subterranean single parking spaces. Ideally situated just one block north of Santa Monica Blvd. and west of La Brea Ave., this property lies in the heart of one of Los Angeles most vibrant and walkable neighborhoods. With a Walk Score of 91, residents enjoy easy access to an array of dining, shopping, and entertainment optionsmaking it a highly desirable location for tenants and a strategic investment for new ownership.
We are pleased to offer 1235 N Formosa Ave, West Hollywood, CA 90046a prime value-add opportunity consisting of 10 apartment units with strong upside potential. Built in the 1960s, the property features spacious 1- and 2-bedroom units, totaling approximately 8,900 sq. ft. of building area on a 6,756 sq. ft. lot, with 10 subterranean single parking spaces. Ideally situated just one block north of Santa Monica Blvd. and west of La Brea Ave., this property lies in the heart of one of Los Angeles most vibrant and walkable neighborhoods. With a Walk Score of 91, residents enjoy easy access to an array of dining, shopping, and entertainment optionsmaking it a highly desirable location for tenants and a strategic investment for new ownership.
Location
State CA
County Los Angeles
Area Los Angeles (90046)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $238
Acceptable Financing Cash, Conventional, Exchange
Space Rent $7,307
Listing Terms Cash, Conventional, Exchange
Financing Conventional
Listed by Akash Saini • Keller Williams Realty Calabasas
Bought with Akash Saini • Keller Williams Realty Calabasas
Bought with Akash Saini • Keller Williams Realty Calabasas