616 N Formosa Ave, Los Angeles, CA 90036
Image 2 for 616 N Formosa Ave, Los Angeles, CA 90036
Image 3 for 616 N Formosa Ave, Los Angeles, CA 90036
View Photos

616 N Formosa Ave Los Angeles, CA 90036

$10,000 Leased Price as of 06/14/2024
  • 5 Beds
  • 4 Baths
  • 2,898 Sq.Ft.
Leased
$10,000 Leased Price as of 06/14/2024 Refinance Your Mortgage

Map preview of 616 N Formosa Ave, Los Angeles, CA 90036

Property Overview: 616 N Formosa Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,898 living square feet and 6,337 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming California Ranch home on Formosa Ave just a half block from the spectacular dining & entertainment on Melrose with a main house 3 BD 3 BA (approx 2,000 SF) + guesthouse 2 BD 1 BA w full kitchen (approx 900 SF). This stunning one-floor home boasts elegance & smart-home features at every turn (face recognition & remote entry, security cameras, etc). Step into the main house to gather around the cozy fireplace & home theatre with a hidden projection screen in the living room. Enjoy meals in the expansive dining room, perfect for hosting gatherings of large size. The kosher kitchen is a chef's delight, equipped with top-of-the-line appliances, pantry, & ample space for culinary creations. You'll find 3 BD & 3 BA, including a lavish primary suite with a spacious walk-in closet, en-suite bath, & office for convenience. One of the other bedrooms offers an en-suite bath & all bedrooms provide ample closet space. Step outside from the primary suite to discover a picturesque pergola & deck, ideal for al fresco dining and entertaining under the open sky. A separate structure provides a 2 car garage & guesthouse for guests or extended family. The charming guesthouse is complete w two bedrooms, a bathroom, & a fully equipped kitchen with all appliances, including a dishwasher & washer/dryer. This property offers the perfect blend of comfort, style, & versatility, creating an idyllic haven for California living & entertaining. Schedule an appointment to view this beauty & make it yours before its gone!

Listed by Basya Gradon | BRE #01893478 | Compass
Last checked: 3 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
6,337
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Single Family Home
Status
Leased
MLS#
24394865
City
Los Angeles
County
Los Angeles
Time on Site
120 days

Property Details for 616 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Living Room, Primary Bathroom, Walk-In Closet, Walk-In Pantry, Guest/Maid's Quarters
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
  • No Attached Garage
Property Information
  • Has View
  • Parcel Number: 5525015019
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of La Brea, North of Beverly, South of Melrose, East of Fairfax
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 616 N Formosa Ave

Last leased for $10,000 on June 14th, 2024
  • June, 2024

  • Jun 14, 2024

    Date

    Leased

    CRMLS: 24394865

    $10,000

    Price

  • May 23, 2024

    Date

    Active

    CRMLS: 24394865

    $10,750

    Price

Tax History for 616 N Formosa Ave

Assessed Value (2020): $599,215
Year Land Value Improved Value Assessed Value
2020 $277,829 $321,386 $599,215

Home Value Compared to the Market

This property vs the competition

616 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 616 N Formosa Ave

Detailed summary of property

616 N Formosa Ave is a single family home that was recently leased in Los Angeles, CA 90036. This house offered 5 bedrooms, 4 bathrooms, roughly 2,898 living square feet, and sits on an approximately 6,337 square foot lot. 616 N Formosa Ave was first listed on ArdentRealEstateGroup.com on May 23, 2024. The homeowner leased the property for $10,000. While the average home in Los Angeles, CA is selling in 106 days, 616 N Formosa Ave has a days on market of 22 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 752 N Mansfield Ave, 721 N Vista St and 167 N Alta Vista Blvd. For more information on this home for lease at 616 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 616 N Formosa Ave

Public county record property details
Beds
3
Baths
3
Year built
1928
Sq. Ft.
1,998
Lot Size
6,269
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
224
APN
5525-015-019

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.
$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?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 616 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.