$805,000 - $1,375,000
RENTED OCT 17, 2024

1131 N Formosa Ave Unit 5 West Hollywood, CA 90046

2 Beds
3 Baths
1,368 Sq Ft
$718 Price per Sq Ft

About This Home

Stunning 3 story townhouse located in prime West Hollywood. Featuring 2 large bedrooms both with an en-suite. Separate guest powder room located off the main living area. Primary bedroom has a large walk-in closet with hidden safe and the primary bathroom features a large soaking tub with massaging jets. Open living/ dining area includes polished concrete floors and working gas fireplace. Home has extensive outdoor space with balconies off every living area and a private roof top deck with 180 degree views of the Hollywood Hills, including a slightly obstructed view of the Hollywood sign. Washer and dryer in unit. Brand new ultra high efficiency AC, tankless water heater and LED lights. End unit with only 1 shared wall. 2 side by side garage parking with additional private storage located in garage. Security entrance to building. Walk score 93. Walking distance to Formosa Cafe, Target and Jones. This property is a must see!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Feb 26, 2019
Sold by
Gale Bailey Revocable Inter Vivos Trust
Bought by
Falk Andrew Saul
Seller's Agent
Heather Tucker
Nest Seekers
Buyer's Agent
Bryce Lowe
Christie's International Real Estate SoCal
Sold Price
$4,550
Current Estimated Value
$982,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,267

Purchase Details

Closed on
Nov 29, 2016
Sold by
Bailey Gale
Bought by
Bailey Gale and Gale Bailey Revocable Inter Vi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2016
Sold by
Bailey Gale
Bought by
Bailey Gale and Gale Bailey Revocable Inter Vi

Purchase Details

Closed on
Oct 7, 1996
Sold by
Calobrace M Bradley and Gettelfinger Brent A
Bought by
Bailey Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.75%

Purchase Details

Closed on
Nov 22, 1993
Sold by
Verdugo Service Corp
Bought by
Citizens Federal Bank

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Falk Andrew Saul -- None Available
Bailey Gale -- Accommodation
Bailey Gaile -- Pacific Coast Title Company
Bailey Gale -- None Available
Bailey Gale $180,000 Investors Title Company
Citizens Federal Bank $195,300 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Gale $380,500
Previous Owner Bailey Gale $409,500
Previous Owner Bailey Gale $250,000
Previous Owner Bailey Gale $138,000
Previous Owner Bailey Gale $100,000
Previous Owner Bailey Gale $138,000
Previous Owner Bailey Gale $50,000
Previous Owner Bailey Gale $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Rented $4,850 -2.0% --
10/07/2024 10/07/24 Price Changed $4,950 -2.9% $4 / Sq Ft
09/10/2024 09/10/24 For Rent $5,100 +12.1% --
04/29/2020 04/29/20 Rented $4,550 0.0% --
03/20/2020 03/20/20 For Rent $4,550 0.0% --
04/17/2019 04/17/19 Rented $4,550 -7.1% --
03/20/2019 03/20/19 Price Changed $4,900 -2.0% $4 / Sq Ft
02/26/2019 02/26/19 For Rent $5,000 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,751 $287,389 $87,328 $200,061
2023 $3,695 $281,755 $85,616 $196,139
2022 $3,516 $276,232 $83,938 $192,294
2021 $3,503 $270,817 $82,293 $188,524
2020 $3,527 $268,041 $81,450 $186,591
2019 $3,390 $262,786 $79,853 $182,933
2018 $3,344 $257,635 $78,288 $179,347
2016 $3,275 $247,633 $75,249 $172,384
2015 $3,226 $243,914 $74,119 $169,795
2014 $3,231 $239,137 $72,668 $166,469
Source: Public Records

Agents Affiliated with this Home

  • Heather Tucker

    Seller's Agent in 2024

    Heather Tucker

    Nest Seekers

    (310) 502-5956

    1 Total Sale

    Heather Tucker
    Section Image
  • Corey Chambers

    Buyer's Agent in 2020

    Corey Chambers

    Corey Chambers

    (323) 352-3838

    Section Image
  • Bryce Lowe

    Buyer's Agent in 2019

    Bryce Lowe

    Christie's International Real Estate SoCal

    (424) 303-1751

    1 in this area

    45 Total Sales

    Bryce Lowe
    Section Image
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Map

California Los Angeles County West Hollywood 90046

1131 N Formosa Ave Unit 5, West Hollywood, CA

Homes for Sale in West Hollywood, CA

This home is located at 1131 N Formosa Ave Unit 5, West Hollywood, CA 90046 and is currently estimated at $982,817, approximately $718 per square foot. 1131 N Formosa Ave Unit 5 is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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