1530 N Formosa Avenue, Los Angeles, CA 90046

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
1530 N Formosa Avenue,Los Angeles, CA 90046
$2,999,999
  • 13 Beds
  • 13 Baths
  • 8,198 sq. ft.
  • Multi-family
  • Active
Listed by: dana brody
Office: dana brody818-212-2757
MLS#:26662069
Source:CRMLS

Price summary

  • Price:$2,999,999
  • Price per sq. ft.:$365.94

About this home

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 Boulevard, while remaining minutes from Melrose Avenue, Beverly Hills, Runyon Canyon, the Hollywood Bowl and major employment centers serving the entertainment, media, technology and creative industries....

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Home facts

  • Year built:1963
  • Listing ID #:26662069
  • Added:247 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:13
  • Kitchen Description:Refrigerator
  • Living area:8,198 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Forced Air

Structure and exterior

  • Year built:1963
  • Building area:8,198 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,999,999
  • Price per sq. ft.:$365.94

Parking

  • Total parking spaces:10
  • Parking description:Carport, Covered, Garage
  • Garage:Yes
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