West Hollywood, CA 90046 1221 N Formosa Ave

1221 N Formosa Ave West Hollywood, CA - Image 11221 N Formosa Ave West Hollywood, CA - Image 21221 N Formosa Ave West Hollywood, CA - Image 3
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1221 N Formosa Ave West Hollywood, CA - Image 41221 N Formosa Ave West Hollywood, CA - Image 51221 N Formosa Ave West Hollywood, CA - Image 61221 N Formosa Ave West Hollywood, CA - Image 7
Presented By: Lauren Shepherd with Shepherd Realty Group
  • MLS# 24397077
  • 05/30/2024
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  • Beds • 3
  • Baths • 3
  • SQFT • 2,150

Home Details

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.
Presented By: Lauren Shepherd with Shepherd Realty Group

Interior Features for 1221 N Formosa Ave

Bedrooms

Total Bedrooms3

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesLaundry Closet
Total Stories

General for 1221 N Formosa Ave

CityWest Hollywood
CoolingCentral Air
CountyLos Angeles
Days on Market25
DirectionsBetween Fountain and Santa Monica blvd on West side of street
Gross Income
HOA / Comm AssnNo
HeatingCentral
LevelsOne
Lot Size Square Feet6755
Lot Size UnitsSquare Feet
MLS AreaC10 - West Hollywood Vicinity
Net Operating Income0
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeOwner
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Year Built1932
ZoningWDR3B*

Exterior for 1221 N Formosa Ave

Building Area Total1909
Lot Size Acres0.1551
Lot Size Area6755
Number of Buildings1
Parking FeaturesDriveway
Total Parking2

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,290,000
MLS#24397077
List Date 05/30/2024
Property Type Income
Phone 310.658.1749
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