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1243 N Formosa Ave, West Hollywood, CA 90046

$1,496,750 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
1243 N Formosa Ave, West Hollywood, CA 90046 View this property at 1243 N Formosa Ave, West Hollywood, CA 90046
1243 N Formosa Ave West Hollywood CA 90046

Property Description

Probate Sale Subject to court approval and overbidding in court. Property currently under contract. The asking price is the 1st minimum overbid price for the subject property. Court confirmation is scheduled for Thursday, July 6th, 2017 at 8:30am in Dept. 79, at the LA Superior Court, Stanley Mosk Courthouse in Downtown LA. All interested over-bidders must bring a cashier's check in the amount of $149,675. payable to the "Jeffrey Siegel, Successor Trustee of the Edwards Family Trust" per Probate Court Case No. BP 166394, to the Court to qualify to overbid. Property sold "AS IS" and "WHERE IS", with existing tenants in place. For Sale after 8 decades! Seller is a Court appointed fiduciary for the subject Estate, and cannot make any
representations. Buyer to conduct their own investigations. DRIVE BY ONLY. Please DO NOT disturb the tenants. SALE CONFIRMED IN COURT ON JULY 6TH, 2017

Full Property Details for 1243 N Formosa Ave

  • Price: $1,496,750
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 17-210084
  • Updated: 7/6/2017
  • Added: 131 day(s) ago

Property History

  • 1243 N Formosa Ave, West Hollywood, CA
  • Increased to $1,496,750 on 6/22/17
  • Listed at $1,395,000 on 3/17/17


  • Appliances: None
  • Flooring: Hardwood, Linoleum, Sheet Vinyl


Other Rooms

  • Laundry: Laundry Area In Unit, Laundry Area In Unit


  • Exterior Features: Stucco


  • Parking Features: Driveway
  • Parking Type: On-Street Parking
  • Parking: Driveway


  • Area: West Hollywood Vicinity (C10)
  • County: Los Angeles
  • Development Name: West Hollywood Vicinity (C10)
  • Driving Directions: From Ca 101 Take exit 9B for Cahuenga Blvd toward Vine St Take Cahuenga turn R on Sunset L on Seward st and R on Fountain L on Fountain Building will be located on the Right.

Heating & Cooling

  • Cooling Type: Wall/Window Air Conditioning, Other
  • Heating Type: Forced Air

Structural Information

  • # Buildings: 1
  • Construction: Frame and Stucco
  • Foundation: Concrete Slab
  • Roof: Composition
  • Square Feet: 2,208
  • Year Built: 1923

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 6,739
  • Lot Size Source: Vendor Enhanced
  • Zoning: WDR3B*

Financial Considerations

  • Price Per Sq. Ft.: $677.88
  • Terms: Cash

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Court Approval Required, Rent Control

Listed by Ingenious Asset Group, Inc., Vineendra Jain - CA DRE: 01413466

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Estimate the Cost

1243 N Formosa Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1243 N Formosa Ave, West Hollywood, CA 90046 (MLS# 17-210084) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1243 N Formosa Ave is currently listed for $1,496,750 and was received on March 17, 2017. Want to learn more about 1243 N Formosa Ave? Do you have questions about finding other Multi-Family real estate for sale in West Hollywood? You can browse all West Hollywood real estate or contact a Coldwell Banker agent to request more information.

Listed by Ingenious Asset Group, Inc., Vineendra Jain - CA DRE: 01413466