1530 N Formosa Avenue, Los Angeles, CA 90046
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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. 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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Home facts
- Year built:1963
- Listing ID #:26662069
- Added:1 day(s) ago
- Updated:March 10, 2026 at 02:33 AM
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
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