West Hollywood, CA 90046,1221 N Formosa Avenue
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West Hollywood, CA 90046,1221 N Formosa Avenue
West Hollywood, CA 90046,1221 N Formosa Avenue
West Hollywood, CA 90046,1221 N Formosa Avenue
West Hollywood, CA 90046,1221 N Formosa Avenue
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$ 2,290,000
Est. payment /mo
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1221 N Formosa Avenue West Hollywood, CA 90046

3 Beds

2,150 SqFt


UPDATED:

11/11/2024 10:15 PM

Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $1,065

MLS Listing ID CL24397077

Bedrooms 3

HOA Y/N No

Year Built 1932

Lot Size 6,755 Sqft

Acres 0.16

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 Listing

Zoning WDR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Closet

Exterior

Total Parking Spaces 2

Building

New Construction No

Others

Tax ID 5531007037


Bridge MLS
Listed by Lauren Shepherd • Shepherd Realty Group

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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1221 N Formosa Avenue