1530 North Formosa Avenue Los Angeles, CA $ 3,550,000
1530 North Formosa Avenue
$ 3,550,000
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1530 North Formosa Avenue

Los Angeles, CA, 90046
$ 3,550,000
Baths0.0 Sq 8,198

Monthly Estimate*

$ 21,858

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,550,000. This 8,198 square foot home was built in 1963 on a lot size of 0.17.

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. 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 fixed financing, creating a highly favorable debt structure that is virtually impossible to replicate in today's interest rate environment. Strategically positioned near some of Los Angeles' most iconic corridors including Sunset Boulevard, Melrose Avenue, Robertson and Ventura Boulevards, the properties benefit from exceptional proximity to the region's premier retail, dining, nightlife, and employment centers. Residents enjoy walkable access to renowned destinations such as Melrose Place, Sunset Strip hospitality and entertainment venues, and the high-end retail and restaurant scene surrounding Beverly Hills and West Hollywood. Additional assets in Valley Village provide exposure to the San Fernando Valley's thriving studio and entertainment employment hubs, while the Pico/Robertson location offers immediate access to Beverly Hills and Century City. The buildings feature a strong mix of one, two and three bedroom units, attractive layouts, and desirable neighborhood settings that continue to drive consistent rental demand from professionals working in media, entertainment, technology, and hospitality sectors throughout Los Angeles. The Sunset Legacy Collection represents a rare portfolio acquisition opportunity, offering scale in premier Los Angeles submarkets combined with exceptionally favorable assumable financing and long-term investment stability. The portfolio is ideally suited for a high-net-worth investor or family office seeking high-quality multi-family assets in irreplaceable locations with strong long-term rental demand.

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Multi-Family Active

Price

$ 3,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026662069

Features
General
Living Area 8198.0
Heating Forced Air
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1963
Levels Two
County Los Angeles
Net Operating Income 173819.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7555.0
Standard Status Active
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Garage Carport Covered
Lot Size Area 7555.0
Pool Y/N? Yes
Building Area Total 8198.0
Lot Size Acres 0.17
Land Lease Type Fee
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* Excluded Features
List By
Dana Brody

Listing Agent

Dana Brody

Broker

Affordability Calculator

$21,858
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,858
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$3,550,000 Listed Price

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1530 North Formosa Avenue, Los Angeles, CA, 90046 is a Multi-Family Home for sale at $3,550,000 with 8,198 sqft and a lot size of 0.17. 1530 North Formosa Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 90046 which is in Los Angeles, CA