1221 N Formosa Ave
West Hollywood, CA 90046
3 Beds
3 Baths
2,150 Sq Ft
66 Days on Market
For Sale $2,290,000
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Courtesy of Shepherd Realty Group

Listing Agent & Comments

Lauren ShepherdShepherd Realty Group
951-207-5454ls@laurenshepherd.com License #01895959
One of the last remaining R3 lots ready for development in City of West Hollywood on Formosa or for owner occupant to make their home with additional rental income. Located between Santa Monica Blvd and Fountain with a 92 Walkscore. A block away from luxury gym Heimat, Formosa Cafe and Trader Joes, Target, Ralphs, and shops and dining on Sycamore. Larger than most lots at 6,755 SF and very lush with mature trees/shrubs. Main home has been owner occupied for 30 years, ADU now vacant with no history of low income tenants, previous tenant was paying $2571 per month. Main home has 2 bedrooms,1 bathroom and an oversized open floor plan kitchen designed by current owner and completed in the mid 90s. Back unit is 1 bed 1 bath. Indoor laundry room with 3rd bathroom connect the two structures. Both are in well kept, clean condition, suitable for your tenants or owner occupant. One of the larger lots in the area at 6,755 SF with lush grounds and functioning koi pond. Driveway suitable for 4 cars. Savvy developer or investor can add additional ADU on lot, or 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, as well as 2 other similar projects nearing completion on street. 18 luxury condos recently broke ground at 1242 N formosa. Seller financing and/or flexible escrow terms may be available. Please inquire.

MLS# 24414293 • Data provided by CRMLS
Additional home details
Living Area2,150 Sq.Ft.
Lot Size6,756 Sq.Ft.
Total Rooms--
Bedrooms3
Bathrooms3
Stories1
Year Built1932
Property TypeSingle Family Detached
ZoningWDR3B*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$5,035
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$2,215,360
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

1221 N Formosa Ave., West Hollywood, CA 90046

Single Family Detached
3 Beds
3 Baths
2,150 Sq Ft
66 Days on Market

Listing Agent & Comments

Lauren ShepherdShepherd Realty Group
951-207-5454ls@laurenshepherd.com License #01895959
One of the last remaining R3 lots ready for development in City of West Hollywood on Formosa or for owner occupant to make their home with additional rental income. Located between Santa Monica Blvd and Fountain with a 92 Walkscore. A block away from luxury gym Heimat, Formosa Cafe and Trader Joes, Target, Ralphs, and shops and dining on Sycamore. Larger than most lots at 6,755 SF and very lush with mature trees/shrubs. Main home has been owner occupied for 30 years, ADU now vacant with no history of low income tenants, previous tenant was paying $2571 per month. Main home has 2 bedrooms,1 bathroom and an oversized open floor plan kitchen designed by current owner and completed in the mid 90s. Back unit is 1 bed 1 bath. Indoor laundry room with 3rd bathroom connect the two structures. Both are in well kept, clean condition, suitable for your tenants or owner occupant. One of the larger lots in the area at 6,755 SF with lush grounds and functioning koi pond. Driveway suitable for 4 cars. Savvy developer or investor can add additional ADU on lot, or 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, as well as 2 other similar projects nearing completion on street. 18 luxury condos recently broke ground at 1242 N formosa. Seller financing and/or flexible escrow terms may be available. Please inquire.

MLS# 24414293 • Data provided by CRMLS
Additional home details
Living Area2,150 Sq.Ft.
Lot Size6,756 Sq.Ft.
Total Rooms--
Bedrooms3
Bathrooms3
Stories1
Year Built1932
Property TypeSingle Family Detached
ZoningWDR3B*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$5,035
Property in Flood Zone--
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $2,290,000
Request tour
Save
Courtesy of Shepherd Realty Group
1221 N Formosa Ave
West Hollywood, CA 90046
3 Beds
3 Baths
2,150 Sq Ft
66 Days on Market

Listing Agent & Comments

Lauren ShepherdShepherd Realty Group
951-207-5454ls@laurenshepherd.com License #01895959
One of the last remaining R3 lots ready for development in City of West Hollywood on Formosa or for owner occupant to make their home with additional rental income. Located between Santa Monica Blvd and Fountain with a 92 Walkscore. A block away from luxury gym Heimat, Formosa Cafe and Trader Joes, Target, Ralphs, and shops and dining on Sycamore. Larger than most lots at 6,755 SF and very lush with mature trees/shrubs. Main home has been owner occupied for 30 years, ADU now vacant with no history of low income tenants, previous tenant was paying $2571 per month. Main home has 2 bedrooms,1 bathroom and an oversized open floor plan kitchen designed by current owner and completed in the mid 90s. Back unit is 1 bed 1 bath. Indoor laundry room with 3rd bathroom connect the two structures. Both are in well kept, clean condition, suitable for your tenants or owner occupant. One of the larger lots in the area at 6,755 SF with lush grounds and functioning koi pond. Driveway suitable for 4 cars. Savvy developer or investor can add additional ADU on lot, or 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, as well as 2 other similar projects nearing completion on street. 18 luxury condos recently broke ground at 1242 N formosa. Seller financing and/or flexible escrow terms may be available. Please inquire.

MLS# 24414293 • Data provided by CRMLS
Additional home details
Living Area2,150 Sq.Ft.
Lot Size6,756 Sq.Ft.
Total Rooms--
Bedrooms3
Bathrooms3
Stories1
Year Built1932
Property TypeSingle Family Detached
ZoningWDR3B*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$5,035
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$2,215,360
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $2,290,000
Request tour
Save
Courtesy of Shepherd Realty Group