1643 N Formosa Avenue
Los Angeles, CA 90046
- – beds
- – baths
- – sqft
- 7,031 sqft lot
- 1954 build
- – on site
FIRST TIME ON MARKET IN 25 YEARS... 1643 N Formosa Ave is a charming 8-unit apartment building located in Hollywood. Built in 1954, this well-maintained property is comprised of (6) one-bedroom / one-bathroom units and (2) two-bedroom / one-bathroom units. Additionally (2) of the 1-bedroom units will be delivered vacant, with one of them being completely remodeled. There are a total of (6) covered parking spaces with strong ADU potential, plus a community laundry room which provides additional income. The units are also separately metered for gas and electricity. The property has seen significant upgrades in recent years, such as new electrical panels and copper plumbing throughout. The property is also fully gated and secured with an electronic keypad in the driveway. The property is conveniently located just below Hollywood Blvd and one block West of La Brea Ave. Located in the prime 90046 zip code of Hollywood, this asset presents investors with an excellent opportunity to acquire a well maintained Mid-Century apartment building and capitalize on solid rental upside and detached ADU potential.
Last checked:
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Last updated Mar 22, 2025
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MLS# 25496301 —
The Building
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Year Built:1954
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New Construction:No
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Building Area Total:6019.00
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
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Laundry:Community
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Laundry:1
Location
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Directions:West side of Formosa Avenue just below Hollywood Blvd.
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Latitude:34.10103500
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Longitude:-118.34707800
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:7031.0000
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Lot Size Acres:0.1614
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Lot Size SqFt:7031.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5548009011
Heating & Cooling
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Heating:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/21/25
Mar 21, 2025
|
Sold Subject To Contingencies | CRMLS_CA | $2,290,000 | |
|
3/21/25
Mar 21, 2025
|
Listed / Active | CRMLS_CA | $2,290,000 | |
|
3/4/25
Mar 4, 2025
|
Sold Subject To Contingencies | CRMLS_CA | $2,290,000 |
