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1242 Formosa Avenue

West Hollywood, CA 90046

$7,400,000 Sale Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
13,437 Sq. Ft.
$521 / Sq. Ft.
Sold

1242 Formosa Avenue

West Hollywood, CA 90046

Sold
$7,400,000 Sale Price
$0/mo
0
Bed
0
Bath
13,437
Sq. Ft.
West Hollywood "game-changer". Once-in-a-lifetime offering of land and RTI plans for 18 spectacular condominium units that will redefine the residential experience in West Hollywood. Once completed we anticipate this to be a "landmark" building in the middle of one of the hottest neighborhoods in the Greater Los Angeles area. Each of the units features 2 bedrooms, 2 baths, walk-in closets, sitting areas seamless outdoor-indoor lifestyles with private patio gardens and rooftop gardens for all occupants. Each unit will have a "house-like" feel, just minutes away from Ralphs, Target, Best Buy, Trader Joe's and some of the best restaurants, bars and boutiques. Centrally located with easy access to Hollywood, Beverly Hills, Central and West Los Angeles. If you're a developer looking for your next project, this one is a winner. Sale is for two contiguous lots APNs 5531-008-015, 016 totaling over 13,400 sq ft of land. Photos are renderings of the proposed building from the architect.
PROPERTY INFORMATION
MLS # 22142721 Lot Size 13,437 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 7,000,000
Price Per SqFt: $ 521
DOM 1129 Days
Address 1242 Formosa Avenue Type Land
City West Hollywood Sq.Ft. 13,437 Sq. Ft.
Postal Code 90046 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Closed
Sold Date 2023-07-03
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $7,467
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/03/2023 Sold $7,400,000
04/25/2022 Active Under Contract $7,000,000
04/21/2022 Relisted $7,000,000
04/02/2022 Listed $7,000,000
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Listing provided courtesy of Lane Aronson, Berkshire Hathaway HomeServices California Propert. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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