West Hollywood, CA 90046,1242 N FORMOSA AVE
West Hollywood, CA 90046,1242 N FORMOSA AVE
West Hollywood, CA 90046,1242 N FORMOSA AVE
West Hollywood, CA 90046,1242 N FORMOSA AVE
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$7,400,000

$7,000,000

5.7%
Est.Price: ?

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Est. payment /mo

0.31 Acres Lot


SOLD DATE : 07/03/2023

Key Details

Sold Price $7,400,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22142721

Sold Date 07/03/23

HOA Y/N No

Lot Size 0.308 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Fireplace No

Exterior

View Y/N Yes

View Mountain(s), Peek-A-Boo

Building

New Construction No

Others

Senior Community No

Tax ID 5531008015

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lane Aronson • Berkshire Hathaway HomeServices California Properties
Bought with Paul Gilbert • California Estates Realty
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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