Los Angeles County  »  90046  »  N Formosa Ave  »  1242 N Formosa Ave

1242 North Formosa Avenue, Los Angeles, CA 90046 - Property report

Also known as: 1242 N Formosa Ave

Property image for 1242 North Formosa Avenue, Los Angeles, CA 90046
static Mapbox map

Property type

Double, Duplex or Two Units - 4 Stories or Less (0200)

Year built

1920

Acreage

0.154

Sale price

$8,400,000

General Information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1242 N Formosa Ave
Los Angeles, CA 90046
Zip code
90046
County
Los Angeles
Municipality
West Hollywood

Owner

Find out who owns 1242 North Formosa Avenue, Los Angeles, CA 90046. Uncover corporate and individual owners with a free account.

Building
Property type
Double, Duplex or Two Units - 4 Stories or Less
Building sq. ft.
884
Buildings on lot
2
Stories
4 or less
Year built
1920
Last altered
Bedrooms
2
Bathrooms
1
Sales
Sale date
07/03/2023
Sale price
$8,400,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$52,375
Tax per sq. ft.
$32
Zoning & use
Zoning
Residential, Multi-Family Medium Density - 35' 3 Stories - 1 Du/1210 SF of Lot Area (R3B)
Units
2
Lot
Acreage
0.154

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
62 /100.  Good Transit
Bike score
63 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
No
Ownership

Ownership information for 1242 North Formosa Avenue, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1242 North Formosa Avenue, Los Angeles, CA 90046

Sale date Sale price Buyer name Seller name
07/03/2023 $8,400,000 XXXX-XXXX X XXXXXXX XXX XXXXXXX XXXXXX XXXXX; XXXXXXX XXXXX X XXXXXXX
07/03/2023 $3,637,000 XXXXXXX XXXXXX XXXXX; XXXXXXX XXXXX X XXXXXXX XXXX XXXXXXXXXXX X XXX; XXXX XXX
08/31/2018 $1,705,000 XXXX XXX XXXXX XXXXXX X XXXXXXX; XXX XXXXXX X XXXXX XXXXX; XXXXXX XXXXXX XXXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
02/18/2026 Assignment Trust Deed XXXX-XXXX X XXXXXXX XXX XX XXXXXXXXXXX XXXXX XXXXX XXXX-XXX
02/18/2026 Assignment Trust Deed XXXX-XXXX X XXXXXXX XXX XXXXXXXX XXXXXXX XXXXXXXXXXXXXX X XXX
11/21/2025 Tax Default Notice XXXX X XX XXXX-XXXX X XXXXXXX XXX
07/24/2023 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XXXX-XXXX X XXXXXXX XXX XXXXXXXXXXXX XXXX XXXXXXXX XX XXX
07/19/2023 Release XXXXXXX XXXXX XXXX XXX XXXX XXX
07/19/2023 Reconveyance
Substitution Trustee		 XXXXXXX XXXXX XXXX XXX XXXXXXX XXXXX XXXX XXX
07/03/2023 Grant Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)		 XXXXXXX XXXXXX XXXXX XXXX-XXXX X XXXXXXX XXX
07/03/2023 Grant Deed XXXX XXXXXXXXXXX X XXX XXXXXXX XXXXXX XXXXX
11/08/2022 Covenant and Agreement XXXX XXXXXXXXXXX X XXX XXXX XX XXXX XXXXXXXXX
08/20/2021 Reconveyance
Substitution Trustee		 XXXXXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1242 North Formosa Avenue, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$52,375
Current property tax
$54,886
Tax per sq. ft.
$32
Recent tax assessments
Market value
$4,457,073
Land value
$4,457,073

More about Los Angeles County Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $4,369,680 1.1751 $51,348 +1.03%
2024-2025 $4,284,000 1.1864 $50,825 +129.44%
2023-2024 $1,864,662 1.188 $22,152 +5.42%
2022-2023 $1,828,101 1.1495 $21,014 +1.03%
2021-2022 $1,792,257 1.1605 $20,799 -0.94%
2020-2021 $1,773,882 1.183591 $20,996 +6.51%
2019-2020 $1,705,000 1.156195 $19,713 +254.50%
2018-2019 $474,092 1.1729 $5,561 +2.11%
2017-2018 $464,797 1.1717 $5,446 +2.10%
2016-2017 $455,684 1.1706 $5,334 +1.66%

Special assessments & penalties for 1242 North Formosa Avenue, Los Angeles, CA

Code Description Tax levied
00311 County Library Services
06204 County Sanitation District #4
03694 La County Regional Park And Open Space District
00744 Los Angeles County Fire Department
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
00177 Safe Clean Water Program Funding Measure W
28352 West Hollywood City Garbage Fee
28353 West Hollywood Sewer Maint District
28380 West Hollywood Street Maint Assessment
06111 West Vector Mosquito
Permits

Permit information for 1242 North Formosa Avenue, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
04/25/2025
01/28/2015

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

West Hollywood residential market stats

Access a detailed real estate market overview of West Hollywood so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in West Hollywood and compare it to other neighborhoods in Los Angeles.

Median sale price

$962,750

-18.7% Y-o-Y

Median price/sq. ft.

$792

-11.3% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in West Hollywood and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1242 North Formosa Avenue, Los Angeles, CA 90046 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Just Like Moms Nursery School NR Private PK-K 35 0.39
Just Like Moms Nursery School NR Private PK-K 35 0.39
Hollywood Schoolhouse NR Private PK-6 319 0.47
Hollywood Schoolhouse NR Private PK-6 319 0.47
Gardner Street Elementary School 5 Public K-5 362 0.53
Briskin Elementary School NR Private K-6 213 0.55
Melrose Elementary School 10 Public K-5 440 0.63
Selma Avenue Elementary School NR Public K-5 80 0.83
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Young Hollywood School NR Private 9 0.60
Green School Of Hollywood NR Private K-12 42 0.60
Hubert Howe Bancroft Middle School 3 Public 6-8 446 0.66
Aviva High School NR Private 7-12 48 0.68
Blessed Sacrament School NR Private PK-8 110 0.73
Yeshova Rav Isacson School NR Private PK, K-8 0 0.85
Larchmont Charter School 8 Charter K-12 1,620 0.91
West Hollywood Opportunity School NR Public 7-12 19 0.95
Laurel Elementary School 6 Public K-8 238 1.07
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Hollywood Senior High School 6 Public 9-12 1,107 0.50
Yeshiva Ohr Elchonon Chabad NR Private 9-12 145 0.58
Young Hollywood School NR Private 9 0.60
Green School Of Hollywood NR Private K-12 42 0.60
Aviva High School NR Private 7-12 48 0.68
California University Fce NR Private 9-12 100 0.79
Larchmont Charter School 8 Charter K-12 1,620 0.91
West Hollywood Opportunity School NR Public 7-12 19 0.95
Fairfax Senior High School 7 Public 9-12 1,632 1.16

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1242 North Formosa Avenue, Los Angeles, CA

1246 N Formosa Ave, Los Angeles 7171 Lexington Ave, Los Angeles 1235 N Detroit St, Los Angeles 1133 N Detroit St, Los Angeles 1210 N Formosa Ave, Los Angeles 1238 N Formosa Ave, Los Angeles 1141 N Detroit St, Los Angeles 7168 Fountain Ave, Los Angeles 1256 N Formosa Ave, Los Angeles 1251 N Detroit St, Los Angeles 1224 N Formosa Ave, Los Angeles 1216 N Formosa Ave, Los Angeles 1225 N Detroit St, Los Angeles 1234 N Formosa Ave, Los Angeles 1252 N Formosa Ave, Los Angeles 1204 N Formosa Ave, Los Angeles 1139 N Detroit St, Los Angeles 1257 N Detroit St, Los Angeles 1247 N Detroit St, Los Angeles 1231 N Detroit St, Los Angeles

Nearby ZIP codes for 1242 North Formosa Avenue, Los Angeles, CA

90004, Los Angeles County, CA 90010, Los Angeles County, CA 90019, Los Angeles County, CA 90020, Los Angeles County, CA 90028, Los Angeles County, CA 90035, Los Angeles County, CA 90036, Los Angeles County, CA 90038, Los Angeles County, CA 90048, Los Angeles County, CA 90068, Los Angeles County, CA 90210, Los Angeles County, CA 90211, Los Angeles County, CA 91601, Los Angeles County, CA 91602, Los Angeles County, CA 91604, Los Angeles County, CA 91607, Los Angeles County, CA 91608, Los Angeles County, CA

Frequently asked questions

What is the year built for 1242 North Formosa Avenue, Los Angeles, CA 90046?

The development at 1242 North Formosa Avenue, Los Angeles, CA 90046 was built in 1920.

What is the total square footage of 1242 North Formosa Avenue, Los Angeles, CA 90046?

1242 North Formosa Avenue, Los Angeles, CA 90046 has a total of 884 square feet.

When was 1242 North Formosa Avenue, Los Angeles, CA 90046 last sold and what was the sale price?

1242 North Formosa Avenue, Los Angeles, CA 90046 was last sold on 07/03/2023 for $8,400,000.

What is the assessed value of 1242 North Formosa Avenue, Los Angeles, CA 90046?

1242 North Formosa Avenue, Los Angeles, CA 90046 is currently assessed at $4,457,073.

What are the property taxes for 1242 North Formosa Avenue, Los Angeles, CA 90046?

The property taxes for 1242 North Formosa Avenue, Los Angeles, CA 90046 total $52,375.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account