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Formosa Residences is a well-rated option with strong marks for amenities, location, and value, alongside professionally managed living, on-site laundry, a gated garage, and an upscale neighborhood setting. It stands out for transit access, walkability, nearby parks and restaurants, and a diverse community, while also offering solid access to nearby schools and a competitive price for what it provides.
Things you’ll love
Less expensiveMiddle school nearbyElementary school nearbyGreat for
Social life
Eco living| 2BR/1.0BA | 2 bed | 1 bath | 900 sqft | $2,495 /mo | 1 unit available | Available October 1 Welcome to the incredibly large, spacious and bright 2 bed 1 bath upstairs unit at 1643 N Formosa! The unit is pleasantly updated with new hardwood floors, large windows that invites natural light throughout the unit, and a remodeled bathroom. Large bedrooms as well! The unit has all of the bells and whistles you need - stove/oven, ac & heat, ceiling fans, microwave, fridge etc. Laundry on site! The unit also comes with 1 spot parking on site. Incredible value! Tenants pay gas & electric. The location is fantastic - located in the upscale Hollywood neighborhood and very central to everything LA has to offer. The building is very well maintained and professionally managed. |
Let's explore this property.
Apartment Amenities
| Trash | Water |
Appliances
| Microwave | Oven |
| Oven/Stove | Range |
| Refrigerator |
One-time.
One-time. Refundable.
| Units | 8 |
|---|
Available October 1 Welcome to the incredibly large, spacious and bright 2 bed 1 bath upstairs unit at 1643 N Formosa! The unit is pleasantly updated with new hardwood floors, large windows that invites natural light throughout the unit, and a remodeled bathroom. Large bedrooms as well! The unit has all of the bells and whistles you need - stove/oven, ac & heat, ceiling fans, microwave, fridge etc. Laundry on site! The unit also comes with 1 spot parking on site. Incredible value! Tenants pay gas & electric. The location is fantastic - located in the upscale Hollywood neighborhood and very central to everything LA has to offer. The building is very well maintained and professionally managed.
How Formosa Residences compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at Formosa Residences cost about 19% less than the average rent price for 2-bedroom apartments in Hollywood Hills West.
| Month | Median Rent |
|---|---|
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,842 |
| November 2024 | $1,755 |
| December 2024 | $1,841 |
| January 2025 | $1,880 |
| February 2025 | $1,830 |
| March 2025 | $1,712 |
| April 2025 | $1,703 |
| May 2025 | $1,691 |
| June 2025 | $1,697 |
| July 2025 | $1,742 |
| August 2025 | $1,771 |
| September 2025 | $1,743 |
| October 2025 | $1,733 |
| November 2025 | $1,726 |
| December 2025 | $1,701 |
| January 2026 | $1,760 |
| February 2026 | $1,788 |
| March 2026 | $1,743 |
| April 2026 | $1,701 |
| May 2026 | $1,701 |
| June 2026 | $1,657 |
| July 2026 | $1,660 |
| August 2026 | $1,597 |
| September 2026 | $1,652 |
Can I afford to live at 1643 N Formosa Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$99,800/yr
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$2,461–$5,035
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Central Hollywood • 1410 N Highland Ave
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$2,575–$4,625
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$2,829–$3,817
