Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

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.

Features
: Central
: Central Air
0
: In Closet
0
Additional Information
Shepherd Realty Group
0
CLW-C121185
CLW-X83160
Lauren
5531007037
: Standard
One
32

Multi-Family For Sale

1221 Formosa Avenue, West Hollywood, California 90046

1,909 Sqft
$2,290,000
Listing ID #24397077
Basic Details
Status : Active
DaysOnMarket : 25
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24397077
Price : $2,290,000
Living Area : 1,909 Sqft
Lot Size : 6,755 Sqft
Year Built : 1932
Country : US
State : California
County : Los Angeles
City : West Hollywood
Zipcode : 90046
Price Per Square Foot : $1,200
ModificationTimestamp : 2024-06-24 14:58:31
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent