1140 N Formosa Ave Unit 1 West Hollywood, CA 90046
2
Beds
4
Baths
1,640
Sq Ft
0.31
Acres
Highlights
- Gated Parking
- 13,511 Sq Ft lot
- Loft
- Panoramic View
- Wood Flooring
- 1-minute walk to Formosa Park
About This Home
As of July 2024Extraordinary 1-Of-A-Kind Modern Townhouse In Award Winning & Published Famed Lorcan O'Herlihy 11 Unit Architectural Building Located In The Heart Of West Hollywood. Discover Within The Dynamic Choreographed Mondrian-Esque Red Form Faade Of Perforated Metal Sheathing The Architects Ultimate Signature 2 Bedroom, 4 Bathroom Unit Which comprises of the entire front of the Building! An Unparalleled Modernistic Expression, This Unique Entertainer's Showcase Features An Dramatic Loft-Like Environment. Multi-Levels Of Cascading Living Areas Are Perched Over-Looking A Den With Approx. 40'-0" Colossal High Ceilings With Escher-Like Floating Staircase Above. Numerous Picture Windows Are Oriented To Frame Iconic LA City Views. Set Alongside It's Own Urban Park, This Is Truly An Exceptional & Rare Offering.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01810156 Listed on: 04/08/2015
Co-Listed By
Berkshire Hathaway HomeServices California Properties License #00949711
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,397
Year Built
- Built in 2008
Lot Details
- 0.31 Acre Lot
- Gated Home
Property Views
- Panoramic
- City Lights
- Mountain
Interior Spaces
- 1,640 Sq Ft Home
- 4-Story Property
- Living Room
- Dining Area
- Den
- Loft
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
Parking
- 2 Parking Spaces
- Side by Side Parking
- Gated Parking
- Guest Parking
- Controlled Entrance
Additional Features
- Covered patio or porch
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5531-009-024
Community Details
Pet Policy
- Call for details about the types of pets allowed
Additional Features
- 11 Units
- Elevator
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Jun 26, 2024
Sold by
Jones Khalid Reede
Bought by
Bakshi Roger and Bakshi Vibha
Seller's Agent
Leah Guerra
Compass
Buyer's Agent
Gina Valona
Compass
List Price
$1,150,000
Sold Price
$1,150,000
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,802
Avg. Annual Appreciation
13.57%
Original Mortgage
$700,000
Outstanding Balance
$692,185
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$625,618
Purchase Details
Listed on
Apr 8, 2015
Closed on
Apr 27, 2015
Sold by
Krompf Michael David
Bought by
Jones Khalid Reede
Seller's Agent
Markus Canter
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Leah Guerra
Compass
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Purchase Details
Closed on
May 8, 2009
Sold by
Formosa Ave Llc
Bought by
Krompf Michael David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,400
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Hollywood, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,150,000 | Clearmark Title | |
| Grant Deed | $925,000 | California Title Company | |
| Grant Deed | $648,000 | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | $557,000 | New Conventional | |
| Previous Owner | $518,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $1,150,000 | 0.0% | $701 / Sq Ft |
| 06/08/2024 06/08/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | For Sale | $1,150,000 | +24.3% | $701 / Sq Ft |
| 05/06/2015 05/06/15 | Sold | $925,000 | -2.5% | $564 / Sq Ft |
| 04/24/2015 04/24/15 | Pending | -- | -- | -- |
| 04/08/2015 04/08/15 | For Sale | $949,000 | -- | $579 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $13,397 | $1,089,902 | $762,699 | $327,203 |
| 2023 | $13,167 | $1,068,533 | $747,745 | $320,788 |
| 2022 | $12,504 | $1,047,583 | $733,084 | $314,499 |
| 2021 | $12,399 | $1,027,043 | $718,710 | $308,333 |
| 2019 | $11,994 | $996,583 | $697,394 | $299,189 |
| 2018 | $11,911 | $977,043 | $683,720 | $293,323 |
| 2016 | $11,411 | $939,105 | $657,171 | $281,934 |
| 2015 | $8,715 | $709,886 | $438,202 | $271,684 |
| 2014 | -- | $695,982 | $429,619 | $266,363 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Leah Guerra
Compass
(310) 945-8232
2 in this area
31 Total Sales
-
G
Buyer's Agent in 2024
Gina Valona
Compass
(310) 980-9828
1 in this area
6 Total Sales
-
Seller's Agent in 2015
Markus Canter
Berkshire Hathaway HomeServices California Properties
(310) 704-4248
15 in this area
112 Total Sales
-
Seller Co-Listing Agent in 2015
Cristie St. James
Berkshire Hathaway HomeServices California Properties
(310) 291-1029
15 in this area
115 Total Sales
Map
Source: The MLS
MLS Number: 15-890081
APN: 5531-009-024
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