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

$11,000 Leased Price as of 08/10/2023
  • 4 Beds
  • 2 Baths
  • 2,483 Sq.Ft.
Leased
$11,000 Leased Price as of 08/10/2023 Refinance Your Mortgage
Map preview of 507 N Formosa Ave, Los Angeles, CA 90036

Property Overview: 507 N Formosa Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,483 living square feet and 7,699 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Spanish Gem on the outside, fully renovated and transformed into a modern masterpiece on the inside! You will be wowed the moment you walk through the front door and step foot into the large open floor plan, beautifully lit up by all the windows, recessed lighting, and panoramic folding patio doors that create an indoor/outdoor living space with a brand new deck. Fully custom kitchen with new stainless steel Bosch & Thermador appliances, sleek cabinetry, and unique quartzite island with convenient bar seating. Large laundry room the size of a bedroom with ample storage space located conveniently behind the kitchen. 2 spacious bedrooms, and 2 full bathrooms downstairs, 2 bedrooms including a master suite with private patio overlooking the pool upstairs. Plenty of mature and lush landscaping, with fruit trees in the front and backyard. This property has one of the largest lots in the area and also features a heated saltwater pool and spa. BONUS FULL BATHROOM IN THE BACKYARD BY THE POOL INCLUDED. All this, located in the heart of West Hollywood, walking distance to LA's hottest restaurants and shopping and minutes from the Grove and all that Beverly Hills has to offer. Submit your application now! https://apply.link/3DrwWtR

Listed by Liana Tikhonov | BRE #02164224 | Parkway Estate Properties Inc
Co-listed by Roman Shersher | BRE #01855095 | Parkway Estate Properties Inc
Last checked: 1 minute ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 260

Home details

Lot Sq. Ft
7,699
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Leased
MLS#
SR22234475
City
Los Angeles
County
Los Angeles
Time on Site
688 days

Property Details for 507 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Inside, See Remarks, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Flooring: Vinyl
  • Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Range, Gas Cooktop, Ice Maker, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Water Purifier
  • Built-in Trash/Recycling, Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers, Utility sink
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (3/4): 1
Interior Features
  • Balcony, Built-in Features, Copper Plumbing Partial, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Wired for Sound
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Private, Heated, In Ground, Permits
  • Has Sprinklers
Exterior Features
  • Has Patio
  • Has Pool
  • Pool Features: Private, Heated, Gas Heat, In Ground, Permits, Salt Water
  • Deck, Patio, Porch, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Driveway Up Slope From Street
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Lawn, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Source: Public Records
Property Information
  • Has View
  • View: City Lights, Neighborhood, Pool, Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5525023011
  • Year Built Source: Public Records
  • Property is not Attached
  • Offered With Property: fridge in laundry room, kitchen fridge, double oven, cooktop, dishwasher
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: W on Melrose, turn left on Formosa
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 507 N Formosa Ave

Last leased for $11,000 on August 10th, 2023

  • September, 2024

  • Sep 19, 2024

    Date

    Withdrawn

    CRMLS: 24417113

    $13,500

    Price

  • Jul 18, 2024

    Date

    Active

    CRMLS: 24417113

    $13,500

    Price

  • Listing provided courtesy of CRMLS

    NEW PICS COMING SOON! Move-in date September 1st. Spanish Gem on the outside, fully renovated and transformed into a modern masterpiece on the inside! You will be wowed the moment you walk through the front door and step foot into the large open floor plan, beautifully lit up by all the windows, recessed lighting, and panoramic folding patio doors that create an indoor/outdoor living space with a brand new deck. Fully custom kitchen with new stainless steel Bosch & Thermador appliances, sleek cabinetry, and unique quartzite island with convenient bar seating. Large laundry room the size of a bedroom with ample storage space located conveniently behind the kitchen. 2 spacious bedrooms, and 2 full bathrooms downstairs, 2 bedrooms including a master suite with private patio overlooking the pool upstairs. Plenty of mature and lush landscaping, with fruit trees in the front and backyard. This property has one of the largest lots in the area and also features a heated saltwater pool and spa. BONUS FULL BATHROOM IN THE BACKYARD BY THE POOL INCLUDED. All this, located in the heart of West Hollywood, walking distance to LA's hottest restaurants and shopping and minutes from the Grove and all that Beverly Hills has to offer.

  • August, 2023

  • Aug 10, 2023

    Date

    Leased

    CRMLS: SR22234475

    $11,000

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: SR22234475

    $12,500

    Price

  • November, 1997

  • Nov 4, 1997

    Date

    Sold (Public Records)

    Public Records

    $333,000

    Price

Show More

Tax History for 507 N Formosa Ave

Assessed Value (2020): $486,174
Year Land Value Improved Value Assessed Value
2020 $388,946 $97,228 $486,174

Home Value Compared to the Market

This property vs the competition

507 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 $768. 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 507 N Formosa Ave

Detailed summary of property

507 N Formosa Ave is a single family home that was recently leased in Los Angeles, CA 90036. This house offered 4 bedrooms, 2 bathrooms, roughly 2,483 living square feet, and sits on an approximately 7,699 square foot lot. 507 N Formosa Ave was first listed on ArdentRealEstateGroup.com on November 2, 2022. The homeowner leased the property for $11,000. While the average home in Los Angeles, CA is selling in 106 days, 507 N Formosa Ave has a days on market of 260 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. Local homes that are currently for sale include 157 N Poinsettia Pl, 126 N Alta Vista Blvd and 816 N Sycamore Ave. For more information on this home for lease at 507 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 507 N Formosa Ave

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
2,236
Lot Size
7,699
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
246
APN
5525-023-011

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.
$937
Median Sold Price
$1,675,000
Median Sold Price/Sq.Ft.
$754
Total Inventory
33
Median Sale to List Price %
95.71%
Avg Days on Market
31
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 507 N Formosa Ave

Nearby Homes for Sale

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Homes for Lease Near 507 N Formosa Ave

Nearby Homes for Lease

736 N Alta Vista Blvd, Los Angeles, CA 90046
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608 N Mansfield Ave, Los Angeles, CA 90036
$12,500
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608 N Mansfield Ave
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301 N Citrus Ave, Los Angeles, CA 90036
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130 S Mccadden Pl, Los Angeles, CA 90004
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7 Beds
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4823 Sq.Ft.
130 S Mccadden Pl
Los Angeles, CA 90004

Recently Leased Homes Near 507 N Formosa Ave

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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.

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