$ 2,290,000
1221 N Formosa Avenue West Hollywood, CA 90046
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$ 2,290,000
Est. payment /mo
Active
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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Lauren Shepherd • Shepherd Realty Group