Listing provided courtesy of Lauren Shepherd of Shepherd Realty Group. Last updated 2024-11-23 09:11:37.000000. Listing information © 2024 Sandicor.
Asking Price: $2,290,000 |
1221 Formosa, West Hollywood CA 90046
Community: C10 - West Hollywood Vicinity
This property was built in 1932 and is priced at $2,290,000. Please see the additional details below.
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.
