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1339 N Formosa Avenue

Los Angeles (City), CA 90046
  • $1,195,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: 22150789
Under Contract
UPDATED: 61 min ago
$1,195,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Marc Hernandez of Compass (310-230-5478) and Scott Syme Jr. of Compass(310-500-3900)


Description

Located in the heart of Hollywood, this delightful Spanish duplex affords the opportunity of home ownership with the supplementary benefit of rental income. Both units deliver 2 bedroom and 1 bathroom floor plans, ample natural light, original hardwood flooring, and whimsical arched doorways. This unique property suggests the potential for building an Accessory Dwelling Unit (ADU) as well as an increase in rental income. Location central to The Lot at Formosa Studios, Paramount Studios, Netflix, West Hollywood Gateway shopping center, Plummer Park, Runyon Canyon, Trader Joe's, Sunset Boulevard, retail, dining and services. Great opportunity as an owner/user investment or investor.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T20:28:28.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128169949
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1339 N Formosa Avenue Los Angeles (City), CA 90046

  • Price: $1,195,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 61 min ago
  • ID#: 22150789
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1922
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
Located in the heart of Hollywood, this delightful Spanish duplex affords the opportunity of home ownership with the supplementary benefit of rental income. Both units deliver 2 bedroom and 1 bathroom floor plans, ample natural light, original hardwood flooring, and whimsical arched doorways. This unique property suggests the potential for building an Accessory Dwelling Unit (ADU) as well as an increase in rental income. Location central to The Lot at Formosa Studios, Paramount Studios, Netflix, West Hollywood Gateway shopping center, Plummer Park, Runyon Canyon, Trader Joe's, Sunset Boulevard, retail, dining and services. Great opportunity as an owner/user investment or investor.
Exterior Features

Architectural Style Spanish Other Structures Shed(S) Parking Features Driveway Parking Total 2 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances RefrigeratorWasher Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Wood Heating None Heating YN No

Property Features

Association Fee 0 Community Features Gated Gross Income 73140 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 57600 New Construction YN No Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 50 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T20:28:28.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Marc Hernandez of Compass (310-230-5478) and Scott Syme Jr. of Compass(310-500-3900)