1342 North Formosa Avenue, West Hollywood, CA 90046 | Off-market

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 5 Units
  • 6,160 Sq Ft
  • 13,465 Sq Ft
  • % Cap Rate

Description

Fabulous Potential. Hollywood/West Hollywood border 4-plex plus adjacent SFD property to be sold together. 2 legal lots & APN 5548-~02-1~034 and APN 5548-~02-1~033; 4 units under city of LA Rent Control, one SFD. 1338 N. Formosa and 1342 N. Formosa.

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Owner

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Amenities

Garage
Outdoor Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Open Floorplan
Great Views
Natural Light
Quiet
Elevator
Balcony
Guest Unit(s)
Furnishings

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $3,200,000
Property Type Multi-Family
Usable Sqft 6,160
Number of Stories Unknown
Parking Spots 0
Year Built 1924
Last Sold January 29, 2016
Sold Price 3,200,000
APN # Unknown
MLS # SR15243077
Property ID 1353441
Lot Sqft 13,465
Zoning 0
Total Units 5
Date Updated May 19, 2018
Date Created November 09, 2015
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 2 1.0 $2,150 $2,400
Unit #2 2 1.0 $1,900 $2,400
Unit #3 2 1.0 $1,745 $2,400
Unit #4 2 1.0 $1,800 $2,400
Unit #5 2 1.0 $1,745 $3,500
Net Income (Yr) $ 91,560

Listing Provided By

Gary Ruebsamen an agent of Berkshire Hathaway HomeServic. Lic #01273059


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