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

$2,195,000
  • 3 Beds
  • 2 Baths
  • 1,617 Sq.Ft.
For Sale
$2,195,000 Get Pre-Qualified

Map preview of 503 N Formosa Ave, Los Angeles, CA 90036

Property Overview: 503 N Formosa Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,617 living square feet and 4,999 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1926 Single Story Character Spanish taken down to the studs and entirely done new. Charming curb appeal with fully hedged front courtyard and Spanish tile roof. Living room with soaring barrel ceiling, stone fireplace surround on the gas fireplace, picture window to the street. Living room opens to the dining room and kitchen. Brand new oak kitchen with quartz counters, center island, double sinks, Thermador appliances including a 48 inch range/oven, abundant storage. Breakfast room surrounded by windows. 3 beds and 2 brand new baths. Primary suite has large closet, designer bath, double doors to outside seating area. New hardwood floors, windows, drywall, kitchen, baths, upgraded plumbing, updated electrical. Central HVAC. 2 car garage off Rosewood. Hardscape hedged front yard and grassy charming backyard. . Amazing quiet location close to shops, restaurants, etc. Charming, trendy, meticulous, and move-right-in condition! Easy to show!

Listed by Sheri Bienstock | BRE #01746994 | The Bienstock Group
Last checked: 7 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 8
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Home details

Lot Sq. Ft
4,999
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24387753
City
Los Angeles
County
Los Angeles
Time on Site
8 days

Open Houses for 503 N Formosa Ave

Tuesday, Jun 18th: 11:00am-2:00pm
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Property Details for 503 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
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
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 5525023012
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: On the corner of Formosa and Rosewood
View more facts & features

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Sale History for 503 N Formosa Ave

Last sold for $1,399,000 on January 23rd, 2023
  • June, 2024

  • Jun 9, 2024

    Date

    Active

    CRMLS: 24387753

    $2,195,000

    Price

  • January, 2023

  • Jan 23, 2023

    Date

    Sold

    CRMLS: 22196201

    $1,399,000

    Price

  • Sep 6, 2022

    Date

    Active

    CRMLS: 22196201

    $1,399,000

    Price

  • Listing provided courtesy of CRMLS

    FIXER. Owner is non-negotiable on price. Buyers must provide proof of funds and/or pre-approval letter to view property. Dramatic 1920's Spanish charmer on approximately 5,000 square foot corner lot. Sold strictly AS IS. Bring your contractor, builder, architect, designer, and loving restorative spirt to this well-proportioned charming home. 3 good sized bedrooms, 2 bathrooms, formal living room with vaulted barreled ceilings and large picture window. Formal Dining room. Sweet breakfast room. Utility room with laundry area. Improvements include gas fireplace system built in 2014, copper plumbing & drain-lines installed 2003, bolted foundation 2014, roof replaced in 2009, small bathroom remodeled in 2018, water heater replaced 2013. Situated perfectly between Melrose and Beverly on a lovely tree lined street. 2 car garage. Sizable Front and backyard. Location doesn't get any better! Super close to The Grove, Whole Foods, Pan Pacific Park, Erewhon, Trader Joes, West Hollywood, Melrose Village, Hancock Park, and amazing dining, shopping, and entertainment!

  • June, 2000

  • Jun 26, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 503 N Formosa Ave

Assessed Value (2020): $653,099
Year Land Value Improved Value Assessed Value
2020 $489,831 $163,268 $653,099

Home Value Compared to the Market

This property vs the competition

503 N Formosa Ave is listed 75.6% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $1357.45 per/sqft which puts the price per square foot 74.03% higher than the median price per square foot for the city of Los Angeles.

About 503 N Formosa Ave

Detailed summary of property

503 N Formosa Ave is a single family home located in Los Angeles, CA 90036 and is currently for sale. This house offers 3 bedrooms, 2 bathrooms, roughly 1,617 living square feet, and sits on an approximately 4,999 square foot lot. 503 N Formosa Ave was first listed on ArdentRealEstateGroup.com on June 9, 2024. The homeowner is currently asking $2,195,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 75.6% higher than the median priced home. Local competing homes currently for sale include 807 N Mansfield Ave, 736 N Sierra Bonita Ave and 160 S Poinsettia Pl. While the average home in Los Angeles, CA is selling in 98 days, 503 N Formosa Ave has a days on market of 8 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 503 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 503 N Formosa Ave

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
1,617
Lot Size
4,998
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
247
APN
5525-023-012

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.
$958
Median Sold Price
$1,490,000
Median Sold Price/Sq.Ft.
$878
Total Inventory
45
Median Sale to List Price %
99.33%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (26.32%), Other (21.05%)

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Related Resources to 503 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.