602 N Formosa Ave Los Angeles, CA 90036

$1,310,000 Sold Price as of 08/02/2018

2 Beds
2 Baths
1,057 Sq.Ft.

Off Market

$1,310,000 Sold Price as of 08/02/2018 Refinance Your Mortgage

Map preview of 602 N Formosa Ave, Los Angeles, CA 90036

Property Overview: 602 N Formosa Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,057 living square feet and 4,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

602 N Formosa Ave is currently an off market home 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. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 602 N Formosa Ave

Last sold for $1,310,000 on August 3rd, 2018

August, 2018
Aug 9, 2018

Date

Sold

CRMLS: 18356804

$1,310,000

Price
Aug 1, 2018

Date

Pending

CRMLS: 18356804

$1,299,000

Price
Jul 5, 2018

Date

Active Under Contract

CRMLS: 18356804

$1,299,000

Price
Jun 20, 2018

Date

Active

CRMLS: 18356804

$1,299,000

Price
Listing provided courtesy of CRMLS

Gorgeous Spanish hideaway situated on a sweeping corner lot, in a prime Melrose Village Location, with 2 beds, 2 baths and a great floor plan. Hidden behind beautifully manicured hedges & gates, and surrounded by courtyards & patios, the authenticity of this Entertainer's Paradise is unparalleled and ultra private. Fabulously remodeled, has a great indoor/outdoor flow, and is move-in ready! The home features gleaming wood flooring, smooth ceilings, plantation shutters, a cozy fireplace, and a dining area that leads to a sensational kitchen with granite counter tops, and stainless steel appliances. Master Suite w/walk-in closet and a private master bath w/custom marble vanity & large stall shower. Additional amenities include: CR/FA with NEST thermostat, crown moldings, security system, a one car garage, and an electric gate leading to parking for an additional car. Close to shopping, dining, houses of worship, public transportation & The Grove. Old Hollywood perfection at its finest.

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August, 2018
Aug 2, 2018

Date

Sold (Public Records)

Public Records

$1,310,000

Price
September, 2014
Sep 30, 2014

Date

Sold (Public Records)

Public Records

$1,050,000

Price

Tax History for 602 N Formosa Ave

Assessed Value (2020): $1,336,200

Year	Land Value	Improved Value	Assessed Value
2020	$1,068,960	$267,240	$1,336,200

About 602 N Formosa Ave

Detailed summary of property

602 N Formosa Ave is a single family home in Los Angeles, CA 90036 and last sold on August 2, 2018 for $1,310,000. This house has 2 bedrooms, 2 bathrooms, roughly 1,057 living square feet, and sits on an approximately 4,100 square foot lot. Homes 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 16.96% higher than the current median priced home. 602 N Formosa Ave was last sold on August 2, 2018 for $1,310,000. Local nearby listings include 752 N Mansfield Ave, 167 N Alta Vista Blvd and 721 N Vista St. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 602 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 602 N Formosa Ave

Public county record property details

Beds: 2
Baths: 2
Year built: 1926
Sq. Ft.: 1,057
Lot Size: 4,100
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 221
APN: 5525-015-016

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

Median Sale to List Price %

95.71%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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