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1132 N Formosa Ave, West Hollywood, CA, 90046

$3,750,000

10 Bedrooms
10 Baths
6,325 SqFt
$593/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingGarage, Tandem
Year Built1957
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #24463661
Lot Size0.16 Acres
StatusActive

About 1132 N Formosa Ave

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
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Housing Market Comparison

See how this home compares to others in West Hollywood, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$820

Avg. Days On Market

63

# of Sold Homes

25

1132 N Formosa Ave vs West Hollywood

1 DAY ON ROCKET

-62 Days

$3,750,000

+$2.6M More

$593/SqFt

-$227 Less

KEY TAKEAWAY

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

IDX 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

Oct 18, 2019Home Sold
$4,050,000
Apr 11, 2018Home Sold
$4,300,000
Sep 27, 2016Home Sold
$2,450,000

Tax History

YEARPROP. TAXASSESSMENT
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

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

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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.

Nearby Schools

school-card-donut-419061
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-419062
4
/10
  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-419063
5
/10
  • Vine Street Elementary

  • 955 Vine St

  • 1.11 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

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.
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Rocket HomesCaliforniaLos Angeles CountyWest Hollywood900461132 N Formosa Ave

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.

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