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.
For sale
$2,280,000
1221 N Formosa Ave, West Hollywood, CA 90046
3beds
3baths
2,150sqft
Est.:
Multi Family
Built in 1932
-- sqft lot
$2,178,000 Zestimate®
$1,060/sqft
$-- HOA
What's special
Park like backyardKoi pond
- 41 days
- on Zillow |
- 96 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 05:06pm
Listed by:
Lauren Shepherd DRE # 01895959 951-207-5454,
Shepherd Realty Group 951-328-8990
Source: CLAW,MLS#: 25536207

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Central
Cooling
- Air Conditioning, Central Air
Appliances
- Laundry: Laundry Area, Laundry Closet
Interior area
- Total structure area: 2,150
- Total interior livable area: 2,150 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 6,756.16 Square Feet
Details
- Additional structures: None
- Parcel number: 5531007037
- Zoning: WDR3B*
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1932
Community & HOA
Location
- Region: West Hollywood
Financial & listing details
- Price per square foot: $1,060/sqft
- Tax assessed value: $324,879
- Annual tax amount: $5,185
- Date on market: 5/8/2025
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