West Hollywood, CA 90046,1221 N Formosa Ave
West Hollywood, CA 90046,1221 N Formosa Ave
West Hollywood, CA 90046,1221 N Formosa Ave
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$2,280,000
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3 Beds
3 Baths
2,150 SqFt
New

1221 N Formosa Ave West Hollywood, CA 90046

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $1,060

MLS Listing ID 25536207

Bedrooms 3

Year Built 1932

Lot Size 6,755 Sqft

Acres 0.1551

Property Sub-Type Multi-Family

Property Description

Duplex in City of West Hollywood with 3 great options: Develop into townhomes, live-in one unit and rent out other, or keep/add value for rental income! Current units are clean and ready to be rented, plenty of room to add an ADU for a total of 3 units, or take advantage of R3 zoning to develop into 5 luxury townhomes like many properties nearby. Front house is 2 bedrooms and 1 bathroom with an added 3/4 bath/mudroom in the back. Second unit is large 1 bedroom and bathroom with private side entrance. Driveway parking for 2 cars. Beautiful park like backyard with koi pond. 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. Wide street, easy construction access. Five 3-level townhomes directly next door are weeks away from COO. 18 luxury condos recently broke ground at 1242 N formosa. Multiple development projects on this street. Front unit occupied by owner, back unit vacant.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning WDR3B*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central

Equipment None

Laundry Laundry Area, In Closet

Exterior

Parking Features Driveway

Garage Spaces 2.0

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Shepherd Realty Group

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agent

Sev Grigor

Team leader | RE.S.0171941

+1(702) 377-9090

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1221 N Formosa Ave