1153 N Formosa Avenue 2, West Hollywood, California 90046, West Hollywood, 90046 - 3 bed, 3 bath
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1153 N Formosa Avenue 2
West Hollywood, California 90046
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,860Sq Ft
6,814Lot Size
Property Price
LIST PRICE$1,295,000
EST. MARKET VALUE
$1,257,065
3% AboveMARKET VALUE
SUMMARY
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $1,295,000—positioned slightly above the $1,257,066 Fair Market Value. While the property is currently priced at a premium, its Condition Rating of 4 reflects a well-maintained residence with original 2005 finishes, offering a prime canvas for cosmetic modernization. Featuring City Lights views, multiple balconies, and side-by-side parking, this home provides significant lifestyle utility in a high-demand urban corridor. This is an ideal acquisition for Owner-Occupants seeking a customizable space or Buy-and-Hold Investors targeting the West Hollywood rental market.
Estimated Market Value
$1,257,065
Based on Realkey algorithm analyzing recent comparable sales in West Hollywood.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1153 N Formosa Avenue 2 Subject | $1,295,000* List Price | 3 | 3 | 1,860 | $676 | - |
A 944 N Stanley Avenue 1 Sold | $1,210,000 | 3 | 3 | 1,686 | $718 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2005, the property is 21 years old and retains its original finishes. While the interior is well-maintained and move-in ready, the dark wood cabinetry, granite countertops, and tile choices in the kitchen and bathrooms are dated by modern standards, fitting the criteria for a property over 20 years old needing cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime West Hollywood Location
Situated in a highly walkable area near top-tier amenities like Trader Joe's and popular dining, offering the quintessential urban lifestyle.
- Versatile Living Space
The generous 1,860 sqft floor plan includes a dedicated bonus office/flex space, catering perfectly to modern work-from-home needs.
- Functional Modern Features
Built in 2005, the unit offers contemporary finishes, multiple balconies for outdoor access, and rare side-by-side parking in a gated community.
CONSRISKS & DEFICIENCIES
- Urban Traffic and Noise
Proximity to major commercial centers and nightlife may result in increased street noise and traffic congestion typical of high-density West Hollywood.
- Limited Private Outdoor Area
While the property features balconies, it lacks a private yard or significant green space, which may be a drawback for buyers seeking more seclusion.
About 1153 N Formosa Avenue 2
Tucked into a prime West Hollywood location, 1153 N Formosa Ave brings together contemporary style, generous living space and the convenience of city living. This 3-bedroom, 3-bathroom residence features an open kitchen, dining and living area filled with natural light, complemented by hardwood floors, recessed lighting, stainless steel appliances, and breakfast bar. A spacious primary suite includes a large bathroom with dual sinks, while a bonus office, den or flex space provides versatility for work, creativity or relaxation. Featuring multiple balconies off of the main living space and primary bedroom to enjoy indoor/outdoor living. Gated access and side-by-side parking add to the home's functionality. Just minutes from Target,Trader Joe's, Jones Bar, Mendocino Farms, shopping and nightlife, this is West Hollywood living with space, style and flexibility built in.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 6,814 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,860 | 1,255.817 |
| Lot Size | 6,814 | 40,281.1 |
| Price | $1.29M | $819.5K |
| Price per sq ft | $696 | $767 |
| Built year | 2005 | 1972 |
| HOA | $375.0 | $847 |
| Days on market | 20 | 70 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,295,000
Initial Listing
Sold
Mar 1, 2021
$1,200,000
Public Record
Sold
Sep 20, 2005
$900,000
Public Record