$1,150,000
SOLD JUL 3, 2024

1140 N Formosa Ave Unit 1 West Hollywood, CA 90046

2 Beds
4 Baths
1,640 Sq Ft
$477/mo HOA Fee

Recently Sold

$701 Per Sq Ft

25 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Dual Staircase
  • Panoramic View
  • 0.31 Acre Lot
  • 1-minute walk to Formosa Park

About This Home

As of July 2024

Prepare to be captivated by this extraordinary modern townhouse, a true gem nestled within the award-winning Lorcan O'Herlihy architectural masterpiece in the heart of vibrant West Hollywood. Truly a walking neighborhood in LA. Leave your car at home (in either of your full size 2 parking spots!) This 2-bedroom, 4-bathroom home with only ONE common wall occupies the entire front of the building, and bears the unmistakable signature of the renowned architect. This dramatic and sun-filled loft-like unit has multiple levels of cascading living areas overlooking a den boasting colossal 40-foot-high ceilings, adorned with an Escher-like floating staircases throughout. This home is a marvel of design and innovation and an entertainer's paradise or an art collector's dream. Hardwood floors throughout, and a private balcony adds to its allure. Numerous picture windows frame iconic Los Angeles city views including the Hollywood sign. There are also 3 guest parking spots. Set alongside the delightful Formosa Pocket Park, this exceptional home should not be missed!

Last Agent to Sell the Property

Leah Guerra

Compass License #01907093 Listed on: 05/14/2024

Compass

Last Buyer's Agent

Gina Valona

Compass License #02187655

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,397

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • Gated Home

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Panoramic
  • Skyline
  • Mountain
  • Hills

Home Design

  • Split Level Home

Interior Spaces

  • 1,640 Sq Ft Home
  • 4-Story Property
  • Dual Staircase
  • High Ceiling
  • Double Pane Windows
  • Blinds
  • Family Room on Second Floor
  • Living Room
  • Dining Area
  • Loft
  • Prewired Security

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5531-009-024

Community Details

Overview

  • Association fees include trash, water, gas, building and grounds
  • 11 Units
  • Low-Rise Condominium

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,397

Year Built

Built in 2008

Lot Details

0

HOA Fees

$477 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Formosa 1140
  • Entry Floor: 1
  • Living Area: 1640
  • Lot Acreage: 0.3103
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 1
  • Year Built: 2008
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Built-Ins, Living Room Balcony, High Ceilings (9 Feet+)
  • Number Of Remote Controls: 2
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: In Kitchen
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer, Freezer, Elevator
  • Fireplace: No
  • Price Per S Q F T: 701.22
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Other Features: Balcony, End Unit, High Ceilings (9 Feet+)
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains, Panoramic, Hills, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Gated, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated, Prewired for alarm system
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access, Elevator, Assoc Maintains Landscape, Extra Storage, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Gas, Building and Grounds
  • High Rise: Private Storage Lockers for Res
  • HOA Fees: 477.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5531-009-024
  • Lot Description: Gated Community
  • Lot Size Area: 13511

Multi Family

  • Number Of Units: 11

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$700,000
Outstanding Balance
$693,425
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$457,015

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/13/2025 06/13/25 For Sale $1,349,000 +17.3% $823 / Sq Ft
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

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 $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

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Map

Source: The MLS

MLS Number: 24-386657

The MLS

APN: 5531-009-024