Los Angeles, CA 90046,837 N FORMOSA AVE
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Los Angeles, CA 90046,837 N FORMOSA AVE
Los Angeles, CA 90046,837 N FORMOSA AVE
Los Angeles, CA 90046,837 N FORMOSA AVE
Los Angeles, CA 90046,837 N FORMOSA AVE

$1,720,000

Est. payment /mo

$1,700,000

1.2%
Est.Price: ?

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837 N FORMOSA AVE Los Angeles, CA 90046

7,701 Sqft Lot

SOLD DATE : 04/07/2022

Key Details

Sold Price $1,720,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22117993

Sold Date 04/07/22

HOA Y/N No

Year Built 1930

Lot Size 7,701 Sqft

Property Description

We are pleased to present for sale 837 Formosa Ave, a 1930 6-unit apartment building located in an excellent Hollywood neighborhood. Situated on a 7,703 sq ft lot, the property consists of 3,050 rentable square feet and features a total of 6-units, including 4 (four) 1 bedroom/1 bath and 2 (2) Studios/ 1 bath. Located just outside of the West Hollywood city lines and rated 93on Walkscore, residents can enjoy convenient access to an array of restaurants, grocery stores, parks and entertainment, as well as excellent schools nearby rated 9/10 (rating by GreatSchools.org). Considering this property has been under the same ownership for over 30 years, this is an excellent opportunity for investors looking for significant upside potential; by repositioning the asset through renovations of both the interior and exterior, buyers will be able to significantly drive rents up all whilst establishing a higher value of the property.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

New Construction No

Others

Senior Community No

Tax ID 5525002036

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Saadia 'Sam' Liberow • Marcus & Millichap
Bought with Annabel Rodriguez • Pacific Inter Capital Investment Soluti
agent
Andreya Rizzi

Agent | License ID: 02140539

+1(951) 858-2574 | andreyarizzi@outlook.com

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