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Off market
  • $1,422,900

    1243 N Formosa Ave, West Hollywood, CA 90046

    5beds
    3baths
    2,208sqft
    MultiFamily
    Built in 1923
    -- sqft lot
    $1,422,900 Zestimate®
    $644/sqft
    $4,552 Estimated rent

    Home value

    $1,422,900

    $1.21M - $1.65M

    $4,552/mo

    Zestimate® history
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    What's special

    Probate Sale Subject to court approval and overbidding in court. Property currently under contract. The asking price is the 1st minimum overbid price for the subject property. Court confirmation is scheduled for Thursday, July 6th, 2017 at 8:30am in Dept. 79, at the LA Superior Court, Stanley Mosk Courthouse in Downtown LA. All interested over-bidders must bring a cashier's check in the amount of $149,675. payable to the "Jeffrey Siegel, Successor Trustee of the Edwards Family Trust" per Probate Court Case No. BP 166394, to the Court to qualify to overbid. Property sold "AS IS" and "WHERE IS", with existing tenants in place. For Sale after 8 decades! Seller is a Court appointed fiduciary for the subject Estate, and cannot make any representations. Buyer to conduct their own investigations. DRIVE BY ONLY. Please DO NOT disturb the tenants. SALE CONFIRMED IN COURT ON JULY 6TH, 2017

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Other, Wall
    Appliances
    • Laundry: In Unit
    Features
    • Flooring: Tile, Hardwood, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,208 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Stucco
    Lot
    • Size: 6,738 Square Feet
    Details
    • Parcel number: 5531007042

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1923

    Community & HOA

    Location
    • Region: West Hollywood

    Financial & listing details

    • Price per square foot: $644/sqft
    • Tax assessed value: $1,877,416
    • Annual tax amount: $24,004

    Price history

    DateEventPrice
    8/11/2017Sold$1,650,000+10.2%$747/sqft
    Source: CLAW #17210084 Report a problem
    6/22/2017Price change$1,496,750+7.3%$678/sqft
    Source: Ingenious Asset Group, Inc. #17210084 Report a problem
    5/18/2017Pending sale$1,395,000$632/sqft
    Source: Ingenious Asset Group, Inc. #17210084 Report a problem
    3/21/2017Listed for sale$1,395,000$632/sqft
    Source: Ingenious Asset Group, Inc. #17210084 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,004 +1.6%$1,877,416 +2%
    2024$23,636 +2.2%$1,840,604 +2%
    2023$23,124 +5.8%$1,804,514 +2%
    2022$21,849 +1.1%$1,769,132 +2%
    2021$21,610 -1.5%$1,734,444 +1%
    2020$21,947 $1,716,660 +2%
    2019$21,947 +5.7%$1,683,000 +2%
    2018$20,773 $1,650,000 -0.4%
    2017$20,773 -0.2%$1,656,888 +2%
    2016$20,813 +2.3%$1,624,400 +1948.1%
    2015$20,352 +795.3%$79,313 +2%
    2014$2,273 $77,760 +5.3%
    2010-- $73,851 +1.8%
    2008-- $72,577 +2%
    2007-- $71,154 +2%
    2006-- $69,759
    2005-- $69,759 +4%
    2004-- $67,052 +1.9%
    2003-- $65,824 +2%
    2002-- $64,534 +4%
    2000-- $62,029
    Find assessor info on the county website

    Neighborhood: 90046

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,422,900
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    Estimated market value
    $1,422,900