108 N Formosa Ave, Los Angeles, CA 90036
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108 N Formosa Ave Los Angeles, CA 90036

$11,000 Leased Price as of 02/28/2023
  • 5 Beds
  • 4.5 Baths
  • 3,874 Sq.Ft.
Leased
$11,000 Leased Price as of 02/28/2023 Refinance Your Mortgage

Map preview of 108 N Formosa Ave, Los Angeles, CA 90036

Property Overview: 108 N Formosa Ave Los Angeles, CA has 5 bedrooms, 4.5 bathrooms, 3,874 living square feet and 6,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Magnificent Spanish with alluring Cali-style outdoor living & unique indoor/outdoor flow, 2-story guesthouse w luxury "Man Cave", & a 2-car garage. All rooms on the ground floor provide access to the outdoors, security cameras & speakers throughout the home. At the entrance is an inviting terra-cotta tiled front courtyard that leads to the front door. The foyer boasts winding stairs, stained-glass windows, & wood ceilings. The formal living room features wood-beamed ceilings, large windows, & a cozy gas fireplace. The light-filled formal dining room w coved ceilings leads to the loaded kitchen. The "Kosher" kitchen contains a full-size separate freezer & fridge, new countertops, & a half BA. A family room/den is accessible from the kitchen. Upstairs are the 3 BD & 2 BA. The primary BD boasts a sunlit reading area, 2 large custom closets - 1 walk-in, & an en-suite bath w a large shower & double vanity. The other 2 BDs are spacious w easy access to the 2nd full BA complete w a large soak tub & shower. The detached, 2-story guesthouse provides approx 1200 SF of living space + 2-car garage. The second level is a separate living area/apartment (approx 800 SF), newly renovated w high-end finishes - 1 BD (or office) 1 BA, living room w high ceilings, projection screen, surround sound + subwoofers, & kitchenette w Miele appliances. On the ground level is a laundry room w W/D, sink, built-in storage, & fridge. Another BD & full BA is behind the laundry room. All space is functional in the rear outdoor living - you'll find a built-in Viking grill + cook space & an enticing pergola providing a large area for outdoor dining. You MUST SEE the charm & character for yourself to appreciate. Make an appointment to view this exceptional Spanish dwelling built for someone w style & class.

Listed by Basya Gradon | BRE #01893478 | Compass
Last checked: 21 seconds ago | Last updated: February 28th, 2023 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
6,600
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Single Family Home
Status
Leased
MLS#
23228711
City
Los Angeles
County
Los Angeles
Time on Site
545 days

Property Details for 108 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, See Remarks, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Wood, Tile
  • Guest/Maid's Quarters, Family Room, Master Bathroom, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Sunken Living Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
  • No Attached Garage
Property Information
  • Has View
  • Parcel Number: 5513001019
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd, North of 3rd, East of Fairfax, West of La Brea.
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Sale History for 108 N Formosa Ave

Last leased for $11,000 on February 28th, 2023
  • February, 2023

  • Feb 28, 2023

    Date

    Leased

    CRMLS: 23228711

    $11,000

    Price

  • Jan 5, 2023

    Date

    Active

    CRMLS: 23228711

    $11,995

    Price

  • October, 2011

  • Oct 25, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,690,000

    Price

  • June, 1999

  • Jun 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $720,000

    Price

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Tax History for 108 N Formosa Ave

Assessed Value (2020): $1,940,967
Year Land Value Improved Value Assessed Value
2020 $1,262,203 $678,764 $1,940,967

Home Value Compared to the Market

This property vs the competition

108 N Formosa Ave has recently been leased in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 108 N Formosa Ave

Detailed summary of property

108 N Formosa Ave is a single family home that was recently leased in Los Angeles, CA 90036. This house offered 5 bedrooms, 4.5 bathrooms, roughly 3,874 living square feet, and sits on an approximately 6,600 square foot lot. 108 N Formosa Ave was first listed on ArdentRealEstateGroup.com on January 7, 2023. The homeowner leased the property for $11,000. While the average home in Los Angeles, CA is selling in 100 days, 108 N Formosa Ave has a days on market of 50 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. Local homes that are currently for sale include 607 N Alta Vista Blvd, 436 N Citrus Ave and 542 N Martel Ave. For more information on this home for lease at 108 N Formosa Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 108 N Formosa Ave

Public county record property details
Beds
3
Baths
4
Year built
1929
Sq. Ft.
2,674
Lot Size
6,600
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
171
APN
5513-001-019

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$963
Median Sold Price
$2,310,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
39
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 108 N Formosa Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.