1221 Formosa Avenue, West Hollywood
West Hollywood Home For Sale
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 Details
Additional Information
-
- City:
- West Hollywood
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- County:
- Los Angeles
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- Zip:
- 90046
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- MLS® #:
- 24397077
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- Bedrooms:
- 3
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- Bathrooms:
- 3
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- Square Ft:
- 1,909
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- Lot Size:
- 0.16
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- Levels:
- One
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- HOA Dues:
- $
Price Change History for 1221 Formosa Avenue, West Hollywood, (MLS® #24397077)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced (from $2,380,000) | $2,290,000 | $90,000 (3.78%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2024 at 8:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.