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1541 N Formosa Ave
Los Angeles, CA 90046
20 Units in Hollywood · Multifamily Property For Sale
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20 Units
Investment Highlights
- Price Just Reduced by $100,000
- Perfect Unit Mix for the Immediate Demographic
- Courtyard Building with Pool and Parking
- Great Hollywood Location-96 Walk Score
- Low Rents Provide Excellent Long-Term Upside
Property Facts
| No. Units | 20 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 15,310 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | R3, Los Angeles | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 15,310 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Carpet
- Patio
Site Amenities
- Fitness Center
- Property Manager on Site
- Gated
- Grill
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,591 | 775 |
| 2+2 | 3 | $2,408 | 850 |
| 3+2 | 1 | $2,955 | 950 |
Property Taxes
| Parcel Number | 5548-010-003 | Improvements Assessment | $1,872,216 |
| Land Assessment | $2,049,872 | Total Assessment | $3,922,088 |
Property Taxes
Parcel Number
5548-010-003
Land Assessment
$2,049,872
Improvements Assessment
$1,872,216
Total Assessment
$3,922,088
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