Sotheby's International Realty
Matthew Aaronson, Sotheby's International RealtyPhone: (917) 359-5392
Email: [email protected]
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listing
1 of 10
Residential IncomeFor Sale
$2,280,000
1221 N Formosa Avenue
West Hollywood, CA 90046
Listing Office: Shepherd Realty Group
MLS: California Regional MLS (CRMLS)
3Beds
3Baths
2,150Sq Ft
Est. Mortgage
$11,869/mo

Duplex in City of West Hollywood with 3 great options: Develop into townhomes, live-in one unit and rent out other, or keep/add value for rental income! Current units are clean and ready to be rented, plenty of room to add an ADU for a total of 3 units, or take advantage of R3 zoning to develop into 5 luxury townhomes like many properties nearby. Front house is 2 bedrooms and 1 bathroom with an added 3/4 bath/mudroom in the back. Second unit is large 1 bedroom and bathroom with private side entrance. Driveway parking for 2 cars. Beautiful park like backyard with koi pond. Located between Santa Monica Blvd and Fountain with a 92 Walkscore for restaurants shopping and dining, near luxury Heimat gym, Trader Joe's and many production studios including Netlfix. Wide street, easy construction access. Five 3-level townhomes directly next door are weeks away from COO. 18 luxury condos recently broke ground at 1242 N formosa. Multiple development projects on this street. Front unit occupied by owner, back unit vacant.

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Information courtesy of Shepherd Realty Group is subject to verification and is not guaranteed.
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