Sold for $2,730,000

Listed by: Keller Williams Realty Calabasas • Akash Saini • Contact: 818-657-6500

Bought with: Keller Williams Realty Calabasas

$2,730,000

1235 N Formosa Ave, Los Angeles, CA 90046

16beds

14baths

8,854sqft

Multi Family

Built in 1960

-- sqft lot

$2,698,400 Zestimate^®

$308/sqft

$4,465 Estimated rent

Home value

$2,698,400

$2.43M - $3.00M

$4,465/mo

Zestimate^® history

Owner options

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$4,465/mo

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$4,465/mo

Rent Zestimate^®

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$17,475/mo

Est. payment

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$17,475/mo

Est. payment

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What's special

We are pleased to offer 1235 N Formosa Ave, West Hollywood, CA 90046—a prime value-add opportunity consisting of 10 apartment units with strong upside potential. Built in the 1960s, the property features spacious 1- and 2-bedroom units, totaling approximately 8,900 sq. ft. of building area on a 6,756 sq. ft. lot, with 10 subterranean single parking spaces. Ideally situated just one block north of Santa Monica Blvd. and west of La Brea Ave., this property lies in the heart of one of Los Angeles’ most vibrant and walkable neighborhoods. With a Walk Score of 91, residents enjoy easy access to an array of dining, shopping, and entertainment options—making it a highly desirable location for tenants and a strategic investment for new ownership.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 14

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 8,854
Total interior livable area: 8,854 sqft

Property

Parking

Total spaces: 10
Parking features: Underground
Garage spaces: 10

Features

Entry location: Street
Pool features: None

Lot

Size: 6,732 Square Feet
Features: Walkstreet

Details

Parcel number: 5531007040
Zoning: WDR3B*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $308/sqft
Date on market: 4/25/2025
Cumulative days on market: 2 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Total actual rent: 281880

Price history

Date	Event	Price
4/29/2025	Sold	$2,730,000-4.2%$308/sqft
Source: CRMLS #SR25091539 Report a problem
4/28/2025	Pending sale	$2,850,000$322/sqft
Source: CRMLS #SR25091539 Report a problem
4/25/2025	Listed for sale	$2,850,000$322/sqft
Source: CRMLS #SR25091539 Report a problem
12/1/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/10/2022	Listed for rent	$2,800
Source: Zillow Rental Manager Report a problem