$1,800,000
$1,749,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
1406 N FORMOSA AVE Los Angeles, CA 90046
7,880 Sqft Lot
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22121867
Sold Date 02/15/22
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1922
Lot Size 7,880 Sqft
Property Description
Beautiful 4 units apartment building with a 95 Walk score. All 1 bedroom, 1 Bath, with nearly 950 sq of space. Some updated units with new kitchen and bath. Great investment for a First time buyer to live in one and collect rent on the rest. Spanish Style property near all the new Sunset developments. Area is on fire with all new buildings, yet maintaining the old world Charm. Each unit comes with a garage. Value also in development. R3 Lot with great potential for developers. One unit will be vacant on February 15 and another one might be available by Mid March. Owner can rent them during escrow or deliver the vacant units to buyer. A great way to protect your money from inflation.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Flooring Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Disposal
Exterior
Parking Features Detached Carport, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Total Parking Spaces 4
Private Pool No
Building
Faces West
Story 2
Entry Level One
Foundation Raised
Sewer Other
Architectural Style Spanish
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5548018036
Special Listing Condition Standard
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Bought with Shawn Esrawi • Millennium R.E. Development