$1,021,743 - $1,104,000
RENTED JUL 16, 2024

1140 N Formosa Ave Unit 7 West Hollywood, CA 90046

2 Beds
3 Baths
1,560 Sq Ft
$678 Price per Sq Ft

About This Home

Rare, exceptional & impressive 2 bedroom plus loft modern townhouse for lease in the heart of West Hollywood. Discover a unique offering in the award-winning and widely published Lorcan O'Herlihy 11-unit architectural building, Formosa 1140. This modern townhouse features open and spacious multi-level living, perfect for entertaining, with hardwood floors throughout and top-of-the-line finishes. The gorgeous chef's kitchen is equipped with stainless steel appliances, brand new cabinets, and loads of storage. Numerous large windows flood light into the living and dining areas, enhancing the very open floor plan. A modern metal and wood staircase adds to the stylish design. Enjoy stunning views of the hills, Runyon Canyon, and the Hollywood sign from the bedrooms. The property boasts very high ceilings in the grand two-level entry that opens to the loft above, creating an excellent live/work atmosphere. Additional features include an attached private rooftop patio deck and the building's own urban park right next door. Practical amenities include two non-tandem parking spaces plus guest parking, storage, and in-unit laundry. Located in the heart of West Hollywood, it offers close proximity to restaurants, shopping, and transportation. This home has it all and is a must-see!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Hendratmo Brown Family Trust
Bought by
1140 N Formosa Avenue Llc
Current Estimated Value
$1,058,436

Purchase Details

Closed on
May 8, 2009
Sold by
Formosa Ave Llc
Bought by
Brown Gustav J and Hendratmo Diajeng A A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.76%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
1140 N Formosa Avenue Llc -- None Listed On Document
Hendratmo Brown Family Trust -- --
Brown Gustav J $630,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Gustav Joseph $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Rented $5,300 -1.9% --
07/08/2024 07/08/24 For Rent $5,400 +3.8% --
04/30/2023 04/30/23 Rented $5,200 0.0% --
04/11/2023 04/11/23 For Rent $5,200 +6.1% --
08/27/2020 08/27/20 Rented $4,900 0.0% --
08/18/2020 08/18/20 For Rent $4,900 0.0% --
11/27/2018 11/27/18 Rented $4,900 0.0% --
11/09/2018 11/09/18 For Rent $4,900 +6.5% --
08/23/2016 08/23/16 Rented $4,600 -8.0% --
08/15/2016 08/15/16 For Rent $5,000 +8.7% --
12/01/2015 12/01/15 Rented $4,600 -8.0% --
11/29/2015 11/29/15 Under Contract -- -- --
11/27/2015 11/27/15 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 $10,109 $813,204 $516,321 $296,883
2023 $9,939 $797,260 $506,198 $291,062
2022 $9,442 $781,628 $496,273 $285,355
2021 $9,369 $766,303 $486,543 $279,760
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

  • Victoria Cruz-Christian

    Seller's Agent in 2024

    Victoria Cruz-Christian

    Equity Union

    (310) 254-8124

    5 in this area

    93 Total Sales

    Victoria Cruz-Christian
    Section Image
  • Kelly Edwards

    Buyer's Agent in 2023

    Kelly Edwards

    Compass

    (310) 652-6285

    7 Total Sales

    Kelly Edwards
    Section Image
  • Jennifer Okhovat

    Buyer Co-Listing Agent in 2023

    Jennifer Okhovat

    Compass

    (310) 243-6926

    17 in this area

    139 Total Sales

    Jennifer Okhovat
    Section Image
  • Nanci Isaacs

    Buyer's Agent in 2020

    Nanci Isaacs

    Compass

    (213) 712-1105

    17 Total Sales

    Nanci Isaacs
    Section Image
  • Roger Drakes

    Buyer's Agent in 2015

    Roger Drakes

    Drakes Estates

    (818) 390-2831

    7 Total Sales

    Roger Drakes
    Section Image
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Map

California Los Angeles County West Hollywood 90046

1140 N Formosa Ave Unit 7, West Hollywood, CA

This home is located at 1140 N Formosa Ave Unit 7, West Hollywood, CA 90046 and is currently estimated at $1,058,436, approximately $678 per square foot. 1140 N Formosa Ave Unit 7 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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