1242 North Formosa Avenue
1242 North Formosa Avenue
$7,400,000
13,437 / 0.31
Sold 7/3/23
Description
West Hollywood "game-changer". Once-in-a-lifetime offering of land and RTI plans for 18 spectacular condominium units that will redefine the residential experience in West Hollywood. Once completed we anticipate this to be a "landmark" building in the middle of one of the hottest neighborhoods in the Greater Los Angeles area. Each of the units features 2 bedrooms, 2 baths, walk-in closets, sitting areas seamless outdoor-indoor lifestyles with private patio gardens and rooftop gardens for all occupants....West Hollywood "game-changer". Once-in-a-lifetime offering of land and RTI plans for 18 spectacular condominium units that will redefine the residential experience in West Hollywood. Once completed we anticipate this to be a "landmark" building in the middle of one of the hottest neighborhoods in the Greater Los Angeles area. Each of the units features 2 bedrooms, 2 baths, walk-in closets, sitting areas seamless outdoor-indoor lifestyles with private patio gardens and rooftop gardens for all occupants. Each unit will have a "house-like" feel, just minutes away from Ralphs, Target, Best Buy, Trader Joe's and some of the best restaurants, bars and boutiques. Centrally located with easy access to Hollywood, Beverly Hills, Central and West Los Angeles. If you're a developer looking for your next project, this one is a winner. Sale is for two contiguous lots APNs 5531-008-015, 016 totaling over 13,400 sq ft of land. Photos are renderings of the proposed building from the architect.
- Listed by Lane Aronson • DRE #00681193 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert
- Listed by Kirk Hawkins • DRE #01996101 • Brokerage DRE #01996101 • Paradigm
Property Details for 1242 North Formosa Avenue
Zoning
WDR3C*
Parcel Number5531008015
AreaWest Hollywood Vicinity (C10)
Lot Size Area13437
Source Lot Size AreaDeveloper
Assessor Parcel Number5531-008-015
DirectionsNear Fountain
Location
LISTING UPDATED: 07/06/2023 07:12 PM
Property Details for 1242 North Formosa Avenue
Status | Sold |
---|---|
MLS # | 22-142721 |
Days on Market | 23 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.31 AC |
County | Los Angeles County |
Location
Building Information for 1242 North Formosa Avenue
Lot Size0.31 AC
Payment Calculator
$42,287 per month
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Property Information for 1242 North Formosa Avenue
Property History for 1242 North Formosa Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1242 North Formosa Avenue
Taxable ValueLand$1,474,276Additions$353,825Total$1,828,101
Tax Record2023$22,823 ($1,902 / month)
Home Facts
Total Finished SqFt1,652 SqFtAbove Grade Finished SqFt1,652 SqFtLot Size6,723 SqFtStyleDuplexYear Built1920ZoningWDR3C*CountyLOS ANGELESAPN5531-008-015
Schools near 1242 North Formosa Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
Melrose Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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