1530 N Formosa Avenue, Los Angeles, CA 90046

Los Angeles
Local realty services provided by:ERA Excel Realty
1530 N Formosa Avenue,Los Angeles, CA 90046
$3,550,000
  • 13 Beds
  • 13 Baths
  • 8,198 sq. ft.
  • Multi-family
  • Active
Listed by: dana brody
Office: dana brody
MLS#:26662069
Source:CRMLS

Price summary

  • Price:$3,550,000
  • Price per sq. ft.:$433.03

About this home

We are very pleased to present The Sunset Legacy Collection, an exceptional six-property multi-family portfolio totaling 64 units located across some of Los Angeles' most sought-after rental markets including West Hollywood, Hollywood, Pico/Robertson, and Valley Village. Included in the Sunset Legacy Collection is 1530 Formosa Avenue, located just steps from Sunset Boulevard, a beautiful, well-maintained 10-unit multi-family asset boasting an excellent mix of one and two bedroom units, and features 3.74% interest & principal assumable financing locked in through 2040, providing strong day-one leveraged cash flow and a total return above 7.1%. Recent improvements include completed seismic retrofit, horizontal repiping and a new roof. This rare portfolio offers investors the opportunity to acquire well-maintained apartment assets in premier infill locations with the benefit of extremely attractive assumable financing, including loans with sub-3% interest-only rates and sub-4% long-term...

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Home facts

  • Year built:1963
  • Listing ID #:26662069
  • Added:8 day(s) ago
  • Updated:March 18, 2026 at 07:05 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:$3,550,000
  • Price per sq. ft.:$433.03

Parking

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