NOT LISTED FOR SALE

1140 N Formosa Ave Unit 10 West Hollywood, CA 90046

Estimated Value: $1,074,000 - $1,168,000

2 Beds
3 Baths
1,560 Sq Ft
$349/mo HOA Fee

Last Sold January 30, 2020

Last sale price $980,000 $628 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,373/month

61 Days on Market

Highlights

  • Automatic Gate
  • City Lights View
  • Dual Staircase
  • Gated Community
  • 13,511 Sq Ft lot
  • 1-minute walk to Formosa Park

About This Home

As of January 2020

One of a kind modern town-home in an award winning/multiply published gem by famed architect Lorcan O'Herlihy. This 11 unit building is located in the heart of West Hollywood. A must see with only 2 other units that have ever sold none being top floor with private roof top deck. This unit features open, spaces, multi-level living perfect for entertaining with a private roof top deck with views of the Hollywood sign, Griffith Observatory, Century City. The Building also features its own urban park.

Last Agent to Sell the Property

Brandon Kinnon

Nest Seekers License #02043864 Listed on: 09/27/2019

Nest Seekers

Last Buyer's Agent

Katherine Kabaei

Compass License #01755299

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,844

Year Built

  • Built in 2008

Lot Details

  • 0.31

HOA Fees

  • $349 Monthly HOA Fees

Property Views

  • City Lights
  • Peek-A-Boo
  • Views of a landmark
  • Mountain
  • Hills

Interior Spaces

  • 1,560 Sq Ft Home
  • 4-Story Property
  • Dual Staircase
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Home Security

  • Security Lights
  • Alarm System

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Automatic Gate
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5531-009-033

Community Details

Overview

  • Association fees include sewer, trash, water and sewer paid, water
  • 11 Units

Amenities

  • Elevator

Recreation

  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,844

Year Built

Built in 2008

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: 1140 Formosa
  • Entry Floor: 4
  • Living Area: 1560
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2008
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Stackable W/D Hookup
  • Price Per S Q F T: 640.38

Exterior Features

  • Balcony: Roof deck
  • Tennis Court Y/N: No
  • Exposure: S & N
  • Pool: No
  • View: City, City Lights, Hills, Landmark, Mountains, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Built-In Storage

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

  • Amenities: Elevator, Gated Community, Gated Parking, Greenbelt/Park, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Sewer, Trash, Water and Sewer Paid, Water
  • HOA Fees: 349.00
  • HOA: Yes
  • Unit Location: 3&4 floor

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5531-009-033
  • Geocode Override: No
  • Lot Size Area: 13511

Multi Family

  • Number Of Units: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jan 26, 2020
Sold by
Veloso Van
Bought by
Lawson Melissa
Seller's Agent
Brandon Kinnon
Nest Seekers
Buyer's Agent
Katherine Kabaei
Compass
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%
Total Days on Market
61
Current Estimated Value
$1,121,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,935
Avg. Annual Appreciation
2.30%
Original Mortgage
$784,000
Outstanding Balance
$702,746
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$403,717

Purchase Details

Closed on
May 11, 2009
Sold by
Formosa Ave Llc
Bought by
Veloso Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.78%
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 Buyer Sale Price Title Company
Lawson Melissa $980,000 Lawyers Title Company
Veloso Van $630,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Melissa $784,000
Previous Owner Veloso Van J $280,000
Previous Owner Veloso Van $50,000
Previous Owner Veloso Van $541,500
Previous Owner Veloso Van $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2020 01/30/20 Sold $980,000 -1.9% $628 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $999,000 0.0% $640 / Sq Ft
11/26/2015 11/26/15 Rented $5,000 0.0% --
10/23/2015 10/23/15 For Rent $5,000 -- --
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 $12,844 $1,050,754 $744,749 $306,005
2023 $12,622 $1,030,152 $730,147 $300,005
2022 $11,986 $1,009,954 $715,831 $294,123
2021 $11,885 $990,152 $701,796 $288,356
2020 $9,448 $758,447 $481,555 $276,892
2019 $9,064 $743,576 $472,113 $271,463
2018 $8,997 $728,997 $462,856 $266,141
2016 $8,617 $700,691 $444,884 $255,807
2015 $8,481 $690,167 $438,202 $251,965
2014 $8,479 $676,649 $429,619 $247,030
Source: Public Records

Agents Affiliated with this Home

  • Brandon Kinnon

    Seller's Agent in 2020

    Brandon Kinnon

    Nest Seekers

    (310) 880-7145

    2 Total Sales

    Brandon Kinnon
    Section Image
  • Katherine Kabaei

    Buyer's Agent in 2020

    Katherine Kabaei

    Compass

    (310) 963-8005

    1 Total Sale

    Katherine Kabaei
    Section Image
  • Victoria Cruz-Christian

    Seller's Agent in 2015

    Victoria Cruz-Christian

    Equity Union

    (310) 254-8124

    5 in this area

    93 Total Sales

    Victoria Cruz-Christian
    Section Image
  • Ian Rhodes

    Seller Co-Listing Agent in 2015

    Ian Rhodes

    Keller Williams Realty Los Feliz

    (323) 821-4069

    30 in this area

    92 Total Sales

    Ian Rhodes
    Section Image
  • Paulina Phan

    Buyer's Agent in 2015

    Paulina Phan

    The Real Estate Company JGK Inc.

    (949) 533-3037

    9 Total Sales

    Paulina Phan
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-515332

The MLS

APN: 5531-009-033

California Los Angeles County West Hollywood 90046

1140 N Formosa Ave Unit 10, West Hollywood, CA

This home is located at 1140 N Formosa Ave Unit 10, West Hollywood, CA 90046 since 27 September 2019 and is currently estimated at $1,121,935, approximately $719 per square foot. This property was built in 2008. 1140 N Formosa Ave Unit 10 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.

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