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

$2,385,000 Sold Price as of 03/09/2021
  • 4 Beds
  • 3 Baths
  • 2,327 Sq.Ft.
Sold
$2,385,000 Sold Price as of 03/09/2021 Refinance Your Mortgage

Map preview of 520 N Formosa Ave, Los Angeles, CA 90036

Property Overview: 520 N Formosa Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,327 living square feet and 5,280 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built by Thomas James Homes, this brand new home has been professionally designed, hand crafted to fit your needs, and comes with a full 10 year new home construction warranty. This 4 bed, 3 bath Fairfax home welcomes you with a drop station with storage for keys and mail, as well as a guest bedroom with bath, which easily converts to a private home office. The gourmet kitchen, which overlooks the great room with cozy fireplace, has a walk in pantry and island with bar seating, as well as sliding glass doors opening to the private courtyard. Host friends and family in the indoor outdoor dining room, flanked by sliding glass doors, allowing dinner parties to spill out into the courtyard and back patio. Upstairs, discover a tech desk for focus time, two secondary bedrooms with shared bath and laundry room with sink. Retreat to the luxurious grand suite which boasts a spacious retreat with walk in closet and bath with linen storage, dual sink vanity and walk in shower with quartz seat.

Listed by David Berg | BRE #01481236 | Compass
Co-listed by F. Ron Smith | BRE #00961954 | Compass
Last checked: 9 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
5,280
HOA Dues
$0/mo
Year built
2020
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
21686016
City
Los Angeles
County
Los Angeles
Time on Site
1337 days

Virtual Tour

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Property Details for 520 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Laundry Information
  • Has Laundry
  • Upper Level, Individual Room
Fireplace Information
  • Has Fireplace
  • Gas, Family Room
Room Information
  • Eating Area: Dining Room
  • Flooring: Tile, Wood, Carpet
  • Entry, Family Room, Great Room, Master Bathroom, Retreat, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Range, Built-In, Oven
  • Kitchen Open to Family Room, Walk-In Pantry, Kitchen Island
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • High Ceilings, Open Floorplan, Recessed Lighting
  • Window Features: Double Pane Windows, French/Mullioned
Exterior Features
Exterior Information
  • Has Fence
  • Wood, Privacy
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open, Covered
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway, Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5525022018
  • Year Built Source: Seller
  • Architectural Style: Spanish
  • Entry Level: 1
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: From Santa Monica Blvd, head south on N Formosa Ave and the home will be on your left.
View more facts & features

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Sale History for 520 N Formosa Ave

Last sold for $2,385,000 on March 9th, 2021
  • March, 2021

  • Mar 10, 2021

    Date

    Sold

    CRMLS: 21686016

    $2,385,000

    Price

  • Feb 9, 2021

    Date

    Active Under Contract

    CRMLS: 21686016

    $2,395,000

    Price

  • Jan 28, 2021

    Date

    Active

    CRMLS: 21686016

    $2,395,000

    Price

  • January, 2021

  • Jan 28, 2021

    Date

    Canceled

    CRMLS: 20635762

    $2,295,000

    Price

  • Jan 22, 2021

    Date

    Withdrawn

    CRMLS: 20635762

    $2,295,000

    Price

  • Oct 8, 2020

    Date

    Active Under Contract

    CRMLS: 20635762

    $2,295,000

    Price

  • Sep 22, 2020

    Date

    Coming Soon

    CRMLS: 20635762

    $2,295,000

    Price

  • Listing provided courtesy of CRMLS

    The uniquely beautiful Spanish style exterior of this Fairfax home invites you in with smooth stucco, barrel roof tile and natural wood accents. With 4-bedrooms and 3-baths, just inside this home you'll find a drop station with storage for keys and mail, as well as a guest bedroom with full bath, which easily converts to a private home office. The gourmet kitchen, which overlooks the great room with cozy fireplace, has a walk in pantry and island with bar seating, as well as sliding glass doors opening to the private courtyard. Host friends and family in the indoor outdoor dining room, flanked by sliding glass doors, allowing dinner parties to spill out into the courtyard and back patio. Upstairs, discover a tech desk for focus time, two secondary bedrooms with shared bath and laundry room with sink. Retreat to the luxurious grand suite which boasts a spacious retreat with walk in closet and bath with linen storage, dual sink vanity and walk in shower with quartz seat.

  • May, 2019

  • May 20, 2019

    Date

    Sold

    CRMLS: BB19023305

    $1,176,000

    Price

  • Mar 20, 2019

    Date

    Active Under Contract

    CRMLS: BB19023305

    $1,290,000

    Price

  • Mar 20, 2019

    Date

    Active

    CRMLS: BB19023305

    $1,290,000

    Price

  • Mar 15, 2019

    Date

    Hold

    CRMLS: BB19023305

    $1,290,000

    Price

  • Feb 25, 2019

    Date

    Price Change

    CRMLS: BB19023305

    $1,290,000

    Price

  • Jan 31, 2019

    Date

    Active

    CRMLS: BB19023305

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic location with huge potential! House is a fixer and needs work sold AS IS. No HPOZ. Nicely set back from the street. Enter into a spacious living room with front facing custom stainless glass windows, hardwood floors, and cozy fireplace. Ample closet and storage space. Large backyard with plenty of room to expand, a covered carport as well as a detached two car garage. Walking distance to Melrose and La Brea. Prime location close to boutiques, houses of worship and restaurants. Perfect for owner-user or developer.

  • May, 2019

  • May 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,176,000

    Price

  • January, 2019

  • Jan 7, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 520 N Formosa Ave

Assessed Value (2020): $1,199,520
Year Land Value Improved Value Assessed Value
2020 $959,616 $239,904 $1,199,520

Home Value Compared to the Market

This property vs the competition

520 N Formosa Ave sold on March 9, 2021 for 113.84% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $1029.22 per/sqft which puts the price per square foot 42.16% higher than the current median sale per square foot for the city of Los Angeles.

About 520 N Formosa Ave

Detailed summary of property

520 N Formosa Ave is a single family home that recently sold in Los Angeles, CA 90036. This house offered 4 bedrooms, 3 bathrooms, roughly 2,327 living square feet, and sits on an approximately 5,280 square foot lot. 520 N Formosa Ave was first listed on ArdentRealEstateGroup.com on January 29, 2021. The homeowner sold the property for $2,385,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 113.84% higher than the current median priced home. Local homes that are currently for sale include 1327 N Fuller Ave, 7309 N Eaton Pl and 7303 N Eaton Pl. While the average home in Los Angeles, CA is selling in 106 days, 520 N Formosa Ave has a days on market of 5 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 520 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 520 N Formosa Ave

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,245
Lot Size
5,279
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
214
APN
5525-022-018

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
$2,300,000
Median List Price/Sq.Ft.
$951
Median Sold Price
$1,675,000
Median Sold Price/Sq.Ft.
$754
Total Inventory
37
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%)

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Related Resources to 520 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.