NOT LISTED FOR SALE

1140 N Formosa Ave Unit 7 West Hollywood, CA 90046

Estimated Value: $1,025,173 - $1,123,000

2 Beds
3 Baths
1,560 Sq Ft
0.31 Acres

Highlights

  • Unit is on the top floor
  • Rooftop Deck
  • Automatic Gate
  • Penthouse
  • Gourmet Kitchen
  • 1-minute walk to Formosa Park

About This Home

As of July 2024

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!

Last Agent to Rent the Property

Victoria Cruz-Christian

Equity Union License #01887799 Listed on: 07/08/2024

Last Renter's Agent

Victoria Cruz-Christian

Equity Union License #01887799 Listed on: 07/08/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,109

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • End Unit
  • Gated Home

Parking

  • 2 Car Garage
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Property Views

  • Skyline
  • Mountain
  • Hills

Home Design

  • Penthouse
  • Split Level Home
  • Turnkey

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Insulated Doors
  • Entryway
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Security Lights

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Unit is on the top floor

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $5,400
  • Tenant pays for cable TV, electricity, gas
  • Rent includes gardener, association dues
  • 12 Month Lease Term
  • Assessor Parcel Number 5531-009-030

Community Details

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,109

Year Built

Built in 2008 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Gardener, Association Dues
  • Security Deposit: 5400
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split, Top Level
  • Street Number Display: Yes
  • Entry Location: Penthouse
  • Lease Terms: 1+Year
  • Living Area: 1560
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2008
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bar, Recessed Lighting, Storage Space, Turnkey
  • Flooring: Hardwood, Tile
  • Appliances: Gas, Microwave, Range, Range Hood, Oven
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Primary Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Remodeled, Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Remodeled, Open to Family Room, Counter Top
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Built-Ins
  • Price Per S Q F T: 3.46

Exterior Features

  • Other Features: Balcony, End Unit, Energy Efficient, High Ceilings (9 Feet+), Insulated Doors
  • Patio: Deck(s), Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains, Tree Top, Hills, Walk Street, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking, Gated, Gated Underground, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire Sprinklers, Firewall(s), Gated, Prewired for alarm system, Smoke Detector
  • Sewer: In Street

Association/Amenities

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

Lot Info

  • Assessor Parcel Number: 5531-009-030
  • Lot Size Area: 13511

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
$1,072,793

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:

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Average Value
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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 +17.4% --
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 -- --
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
2025 $10,109 $829,467 $526,647 $302,820
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

    Landlord's Agent in 2024

    Victoria Cruz-Christian

    Equity Union

    (310) 254-8124

    5 in this area

    93 Total Sales

    Section Image
  • Roger Drakes

    Buyer's Agent in 2015

    Roger Drakes

    Drakes Estates

    (818) 390-2831

    7 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 24-410187

The MLS

APN: 5531-009-030

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 since 08 July 2024 and is currently priced at $1,072,793. This property was built in 2008. 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.

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