1132 N. Formosa is a turnkey 9-unit complex, next to Formosa Park, located in walkable and premium West Hollywood neighborhood. Located 1 block from Santa Monica Blvd. and La Brea Ave. the property is near a large selection of artisan coffee shops, charming cafes, buzzing quick bite eateries, trendy boutiques, private gyms, and highly reviewed restaurants. The property is meticulously maintained by ownership & recently upgraded with new electrical, a new water heater in 2021, new roof shingles, and soft-story retrofit completion (buyer to verify). 6 out of 9 renovated units feature wood-vinyl flooring, quartz countertops, stainless-steel appliances, updated tile, and more. Property amenities include community laundry and five tandem parking spaces.
Property Details
Property Features
Property Information:
Year Built: 1957
Stories: 2
Living Area: 6,325 SqFt
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Kenny Stevens
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Refrigerator
Flooring Type: Tile
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 10
Exterior Features
Exterior Information:
View: None
Parking Information:
Parking: Garage, Tandem
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Located next to Formosa Park and 1 block north of Santa Monica Blvd. and La Brea Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Price Per SqFt: $593/SqFt
Tax Information:
Annual Amount: $50,203
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in West Hollywood, CA.
This property is $2.6M more than the Median Sold Price and $227/SqFt less than other homes in West Hollywood, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24463661
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Kenny Stevens
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 18, 2019
Oct 18, 2019Home Sold
$4,050,000
Apr 11, 2018
Apr 11, 2018Home Sold
$4,300,000
Sep 27, 2016
Sep 27, 2016Home Sold
$2,450,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$50,203
$4,092,598
2020
$53,388
$4,050,000
2019
$34,866
$4,386,000
2018
$36,835
$2,754,000
2017
$36,835
$2,700,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.7K
Per Month
Principal & Interest
$18.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
4
/10
Gardner Street Elementary
7450 Hawthorn Ave
Distance between this listing and this school0.65 miles
Public District Grades PK-5
5
/10
Vine Street Elementary
955 Vine St
Distance between this listing and this school1.11 miles
Public District Grades KG-6
Nearby Schools
4
/10
Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school0.59 miles
Public District Grades 6-8
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school1.03 miles
Public District Grades KG-8
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school1.64 miles
Public District Grades 6-8
Nearby Schools
6
/10
Hollywood High School
1521 N Highland Ave
Distance between this listing and this school0.60 miles
Public District Grades 9-12
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school0.92 miles
Public Charter Grades KG-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school1.01 miles
The neighbors living near this home have an average income of $43,482. Residents of West Hollywood, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1132 N Formosa Ave
What is the listing price of this property?
The listing price of 1132 N Formosa Ave property is $3,750,000.
What type of property is this?
The property 1132 N Formosa Ave is a house located in West Hollywood, California, 90046.
Is this property for sale now?
Active Listing: 1132 N Formosa Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $50,203 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 18, 2019 for $4,050,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1132 N Formosa Ave has 10 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 1132 N Formosa Ave is 6,325 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1132 N Formosa Ave is 1957.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1132 N Formosa Ave in West Hollywood, CA and zip code 90046 in the Central LA neighborhood. This 6,325 square foot home, which was built in 1957, sits on a 0.16 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $3,750,000.
While more than 2 listings in West Hollywood, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 21 were sold below. In October 2024 in West Hollywood, CA there were 21.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $1,110,555.
From Rocket Homes Real Estate and based on county public records data.