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We are very pleased to present 1530 Formosa, a very well-maintained 10-unit multi-family asset perfectly situated north of the world famous Sunset Boulevard and walking distance to many popular shops and restaurants. Recent improvements include completed seismic retrofit, horizontal repiping, updated electrical and a new roof. The building is 100% occupied and offers an excellent mix of large and bright one and two bedroom units, many of which have been remodeled. 1530 Formosa, which can be purchased separately or together as part of the Sunset Legacy Collection, offers investors the opportunity to acquire well-maintained apartment assets in premier infill locations with the benefit of extremely attractive assumable 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. For sophisticated investors seeking to acquire one or more of these trophy assets, 1530 Formosa Avenue can be purchased individually or as part of The Sunset Legacy Collection.
Property Type(s):
Residential Income
| Last Updated | 3/9/2026 | Year Built | 1963 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | C20 - Hollywood |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 7553 sq ft |
| LOT DIMENSIONS | 7555 |
| PARKING | Covered, Carport, Garage |
| STORIES | 2 |
Location
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Listed with Dana Brody
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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