1132 N Formosa Ave
Los Angeles, CA 90046

WeHo Turnkey Complex Next to Formosa Park · Multifamily Property For Sale · 9 Units

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INVESTMENT HIGHLIGHTS

  • 1132 N. Formosa is a turnkey 9-unit complex, next to Formosa Park, located in walkable and premium West Hollywood neighborhood.
  • Recently upgraded with new electrical, a new water heater in 2021, new roof shingles, and soft-story retrofit completion (buyer to verify)
  • Property amenities include community laundry and five tandem parking spaces.
  • Located block from Santa Monica Blvd. and La Brea Ave (West Hollywood Gateway), and an array of coffee shops, cafes & quick bite eateries.
  • 6 out of 9 renovated units feature wood-vinyl flooring, quartz countertops, stainless-steel appliances, updated tile, and more.
  • Minutes from several large employment hubs, including well-known Hollywood employers - Netflix, KTLA-5, Paramount Studios, Kaiser Permanente & more.

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 6,325 SF
Average Occupancy 88%
No. Stories 2
Year Built 1957
Parking Ratio 1.58/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Refrigerator
  • Linen Closet

SITE AMENITIES

  • Laundry Facilities
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 1 $2,865 -
2+1 1 $3,150 -
1+1 6 $2,046 -
Studios 1 $1,746 -

LINKS

PROPERTY TAXES

Parcel Number 5531-009-018 Improvements Assessment $1,546,800
Land Assessment $4,717,741 Total Assessment $6,264,541

ZONING

Zoning Code WDR3C*

Map of 1132 N Formosa Ave Los Angeles, CA 90046

ADDITIONAL PHOTOS

View Photo Neighborhood Overview - 1132 N. Formosa
View Photo Renovated Unit - 1132 N. Formosa
View Photo Renovated Kitchen - 1132 N. Formosa
View Photo Renovated Bedroom - 1132 N. Formosa
View Photo Renovated Bathroom - 1132 N. Formosa
View Photo Front of Property - 1132 N. Formosa
View Photo Unit Entrances - 1132 N. Formosa
View Photo Unit Entrances - 1132 N. Formosa
View Photo Back of Property - 1132 N. Formosa
View Photo Formosa Park - 1132 N. Formosa
View Photo Roof - 1132 N. Formosa

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