1530 N Formosa Avenue
Los Angeles, CA 90046
13
Bed
13
Bath
8,198Sqft
7,555Sqft(Lot)
Beautifully positioned North of Sunset Boulevard at the crossroads of West Hollywood, Hollywood and the Sunset Strip, 1530 N. Formosa Avenue presents an exceptional opportunity to acquire a stabilized 10-unit multifamily asset in one of Los Angeles' most sought-after rental markets. Offered at $2,999,000, or just $299,900 per unit, the property is 100% occupied and generates $179,492 of in-place NOI, representing an attractive 5.98% in-place cap rate. The property sits within a highly walkable lifestyle district surrounded by some of Los Angeles' most recognizable restaurants, entertainment venues, nightlife and cultural destinations. Residents are within walking distance of Bossa Nova, El Compadre, Aroma Coffee & Tea and the renowned dining and entertainment offerings along Sunset Bouleva
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 13Bathroom Information
Total Baths: 13 -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: WallWindowUnits
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Building Information
Year Built: 1963Building Area Total: 8198Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 7555 Lot Size Acres: 0.1734 Lot Size Square Feet: 7,555
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Listing Price Information
Listing Price: $2999999Original Price: $3550000Cash
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Tax Information
Parcel Number: 5548011025
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Virtual Tour
Parking Information
Parking Total: 10 Covered, Carport, GarageGarage Information
Has Garage: Yes
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Location Information
Direction: Sunset to Formosa, turn right and head North on Formosa
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2004 La Brea Terrace, Los Angeles, CA, 90046 | $4,998,000 | 4 | 5 | 4,018 | 25,024 Sq. Ft |
| 1754 N La Brea Avenue, Los Angeles, CA, 90046 | $1,495,000 | 6 | 4 | 4,456 | 4,547 Sq. Ft |
| 1750 N La Brea Avenue, Los Angeles, CA, 90046 | $1,495,000 | 4 | 4 | 4,046 | 4,932 Sq. Ft |
| 7305 Pyramid Place, Los Angeles, CA, 90046 | $17,888,000 | 7 | 8 | 9,200 | 30,799 Sq. Ft |
| 7142 Marshfield, Los Angeles, CA, 90046 | $2,190,000 | 4 | 4 | 2,880 | 6,759 Sq. Ft |
| 7148 Marshfield, Los Angeles, CA, 90046 | $1,190,000 | 2 | 1 | 1,236 | 4,486 Sq. Ft |
| 7377 Pyramid Place, Los Angeles, CA, 90046 | $2,995,000 | 4 | 3 | 4,283 | 14,538 Sq. Ft |
| 2695 La Cuesta Drive, Los Angeles, CA, 90046 | $1,999,000 | 4 | 3 | 2,596 | 6,179 Sq. Ft |
| 7432 Woodrow Wilson Drive, Los Angeles, CA, 90046 | $1,299,000 | 2 | 3 | 1,328 | 5,399 Sq. Ft |
| 1627 N Poinsettia Place, Los Angeles, CA, 90046 | $4,950,000 | 18 | -- | 14,817 | 8,439 Sq. Ft |
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ByOwner last updated this listing 09/25/2026 @ 20:55
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