$2,290,000
Active
32 Days Online
3 Beds3 Baths2,150 SQFT
Active

1221 N Formosa Avenue West Hollywood, CA 90046

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive
  • MLS ID Number24397077
  • Home Size Source N/A
  • Year Built1932
  • Lot Size0.1551 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Driveway
  • Parking Spaces 2
  • Number of Stories 10
  • Acreage 0.1551
  • Zoning WDR3B*
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Laundry Features In Closet

Community Features

  • Senior Community No
  • MLS Area C10 - West Hollywood Vicinity

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Monthly Payment (Est.)

$11,090
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