NOT LISTED FOR SALE

1255 N Formosa Ave West Hollywood, CA 90046

Estimated Value: $1,352,000 - $1,852,000

3 Beds
3 Baths
1,681 Sq Ft
$921/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,530,000 $910 Per Sq Ft

Current estimated payment $10,667/month

231 Days on Market

Highlights

  • Newly Remodeled
  • Panoramic View
  • Wood Flooring
  • Above Ground Spa
  • Contemporary Architecture
  • 4-minute walk to Formosa Park

About This Home

As of February 2022

NEWLY PRICED sophisticated modern sanctuary in the heart of West Hollywood, moments away from the revamped Formosa Cafe, Otus, Jones, and more of LA's hottest spots. Sited behind a gated driveon, this light-filled private end-unit offers direct access through a private two-car garage or through a dedicated front gate entrance that opens to an exclusive-use private yard. The main level boasts 10 ft ceilings with floor-to-ceiling windows, a chef's kitchen featuring custom cabinets, Caesarstone, top-of-the-line appliances, a powder room with a shower, and a third bedroom that would serve well as a home office. Upstairs you will find a second ensuite bedroom and the primary bedroom equipped with remote-controlled shades, a walk-in closet with custom built-ins, and a glass shower. The spectacular outdoor rooftop living area complete with a hot tub, kitchenette, stainless gas grill, sink, firepit, mini-refrigerator, stone counter, and dramatic panoramic views that expand from the Hollywood sign to Century City offers the perfect setting for dining al fresco.

Last Agent to Sell the Property

Francisco Montes

Compass License #01807283 Listed on: 06/04/2021

Compass

Last Buyer's Agent

Russell Dunn

Redfin License #02000585

Redfin

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,313

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 6,707 Sq Ft Lot
  • End Unit
  • Gated Home

HOA Fees

  • $594 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,681 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Entryway
  • Great Room
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5531-007-070

Community Details

Overview

  • 5 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,313

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$594 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: A sophisticated modern sanctuary in the heart of West Hollywood, moments away from the revamped FormosaCafe, Otus, Jones, and more of LA's hottest spots. Sited behind a gated driveon, this light-filled private end-unit offers direct access through a private two-car garage or through a dedicated front gate entrance that opens to an exclusive-use private yard. The main level boasts 10 ft ceilings with floor-to-ceiling windows, a chef's kitchen featuring custom cabinets, Caesarstone, top-of-the-line appliances, a powder room, and a third bedroom that would serve well as a home office. The primary bedroom equipped with remote-controlled shades, a walk-in closet with custom built-ins, and a glass shower. Spectacular outdoor rooftop living area complete with a hot tub, dramatic panoramic views from the Hollywood sign to Century City & kitchenette with a stainless gas grill, sink, firepit, mini
  • Complex Name: FORMOSA FIVE
  • Entry Floor: 1
  • Living Area: 1681
  • Lot Acreage: 0.1540
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2017
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood, Tile, Stone
  • Bedrooms: 3
  • 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, Inside, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Garbage Disposal, Dishwasher, Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 910.17

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Balcony, End Unit
  • Pool: No
  • Spa: Above Ground, Hot Tub, Private
  • Spa Yn: Yes
  • View: City, City Lights, Hills, Landmark, Mountains, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 594.00
  • HOA: Yes
  • Unit Location: CORNER END

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5531-007-070
  • Lot Size Area: 6707

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jan 24, 2022
Sold by
Saji Peter R
Bought by
Aberyuf Christine Ibimina
Seller's Agent
Francisco Montes
Compass
Buyer's Agent
Russell Dunn
Redfin
List Price
$2,100,000
Sold Price
$1,530,000
Premium/Discount to List
-$570,000
-27.14%
Current Estimated Value
$1,532,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,528
Avg. Annual Appreciation
0.36%

Purchase Details

Listed on
Sep 29, 2017
Closed on
Aug 29, 2017
Sold by
1249 N Formosa Llc
Bought by
Saji Peter R
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Timothy Enright
The Enright Company
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,120,000
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Aberyuf Christine Ibimina $1,530,000 Equity Title
Aberyuf Christine Ibimina $1,530,000 Equity Title
Saji Peter R $1,400,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saji Peter R $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,530,000 -8.7% $910 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
09/22/2021 09/22/21 Price Changed $1,675,000 -4.3% $996 / Sq Ft
06/25/2021 06/25/21 Price Changed $1,750,000 -16.7% $1,041 / Sq Ft
06/04/2021 06/04/21 For Sale $2,100,000 +50.0% $1,249 / Sq Ft
09/29/2017 09/29/17 Sold $1,400,000 0.0% $875 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $1,400,000 -- $875 / 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
2025 $19,313 $1,623,647 $636,724 $986,923
2024 $19,313 $1,591,812 $624,240 $967,572
2023 $18,974 $1,560,600 $612,000 $948,600
2022 $17,576 $1,501,081 $793,429 $707,652
2021 $17,441 $1,471,649 $777,872 $693,777
2019 $16,865 $1,428,000 $754,800 $673,200
2018 $16,740 $1,400,000 $740,000 $660,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-744854

The MLS

APN: 5531-007-070