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Residential > Multi-family
For Sale
1 week ago
$3,750,000$1,664/ft²

843 N Formosa Ave
Los Angeles, CA 90046

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  • 843 N Formosa Ave, Los Angeles, CA 90046 is a 4 bed, 2 bath, 2,254 ft² multi-family home house built in 1926 on a 0.177 acre lot with 2 construction permits. This multi-family home is currently for sale for $3,750,000, and it last sold in 2022. The latest TopHap estimate of the multi-family home's value is $2,095,249. 843 N Formosa Ave is within the Los Angeles Unified School District.

    Property Valuations

    Latest estimates for 843 N Formosa Ave based on TopHap automated valuation model (AVM).

    Location Information

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    Lot Details

    MLS Description

    The listing agent's description.

    We are proud to exclusively present for sale two side-by-side residential income buildings in Los Angeles with great potential for redevelopment! These West Hollywood adjacent properties are as centrally located as centrally located gets, with easy access to all scales of dining, great nightlife, all the shopping on Melrose Ave. and Santa Monica Blvd. and just about anything a tenant could desire within a quick grasp! With a combined 15,400 SF of (Q)R3-1XL Tier 1 land, these properties are a great land-bank for your future, with income available right now. The Duplex features two side-by-side 2 bedroom, 1 bathroom units in a picturesque building dating to 1925. The two homes share a spacious 2,254 SF, five one car garages in back, and additional surface parking that can comfortably fit 4 cars. The Six Unit Building features six side-by-side units which are comprised of 2 studios and four 1 bed / 1 bath homes. The Building dates to 1930 and the units share 3,050 SF with six open air parking spaces in back. As a land-bank opportunity, the base density would translate to 12 units, while the Tier 1 TOC pushes that up to 20 units. There is always the potential to then add additional units through ADU permitting. WeHo-Adjacent with the City of LA's Building and Safety that allows for higher density. Just a hop and a skip to the West Hollywood Gateway Shopping Center with Target, Best Buy, dining and more, or head south to Melrose with all the nightlife that is on offer. Just down the street from the La Brea Corridor and Poinsettia Park. A very trendy neighborhood with strong demand from renters!

    Listing Agents

    The listing agent for 843 N Formosa Ave is Dario Svidler.

    Property Details

    MLS Details and Public Records for 843 N Formosa Ave

    Permits

    843 N Formosa Ave has 2 permit records.

    Permit History
    2
    Permits

    Property History

    843 N Formosa Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan) list more details for current owner.

    Property Events

    Environment

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    ARV Calculator

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    TopHap uses its own automated valuation model (AVM) based on available property facts and market data. It is not a formal appraisal.

    Neighborhood

    This property is located in Melrose, Los Angeles, CA 90046.

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