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737 N Formosa Ave, Los Angeles, CA 90046
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737 N Formosa Ave Los Angeles, CA 90046

$1,650,000 Sold Price as of 10/17/2023
  • 4 Beds
  • 2 Baths
  • 1,880 Sq.Ft.
Sold
$1,650,000 Sold Price as of 10/17/2023 Refinance Your Mortgage
Map preview of 737 N Formosa Ave, Los Angeles, CA 90046

Property Overview: 737 N Formosa Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,880 living square feet and 7,700 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the spacious, light and bright, updated home located in the heart of Los Angles, Melrose District. This fantastic property features many desired elements and offer endless possibilities. As you enter through the front door, you will see sizeable grand living area with tons of windows allowing plenty of natural light. Beautiful laminate floors, recessed lighting, cozy fireplace, crown moldings, and neutral colors will complement any decor style. Gorgeous, spaciously open upgraded kitchen with granite countertops, ample storage space. and stainless-steel appliances. The in-kitchen dining room can accommodate a huge dining table and is perfect for entertaining. All four bedrooms are good size. The master suite with their own fully remodeled bathroom featuring granite counters, beautiful tilework, tub, enclosed glass shower, and double sinks. The other 2 bedrooms have a good size Jack & Jill bathroom and a generous built in storage/closet space. The fourth bedroom is currently used as an office and has an attached powder room and built in closet. There is an enclosed patio that adds extra space for entertaining, living, or any other purpose! Good size backyard has several structure/outbuildings that can be used as studio, gym, guest quarters, office. This home has so many desirable features and more. Endless opportunities for comfortable living and expansion. Located in the heart of the city and in close proximity to entertainment, dining, and shopping. Don't miss the opportunity to own this spectacular home in one of the best locations in the city!

Listed by Snezhana Kuchiersky | BRE #01871860 | Elite Realty and Mortgage
Co-listed by Arkady Kuchiersky | BRE #02136128 | Elite Realty and Mortgage
Last checked: 2 minutes ago | Last updated: October 17th, 2023 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
7,700
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
SR23099664
City
Los Angeles
County
Los Angeles
Time on Site
344 days

Property Details for 737 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 3
  • Eating Area: Area, Dining Room, In Kitchen, Separated
  • Flooring: Laminate
  • All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Two Primaries
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave
  • Granite Counters, Kitchen Island, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/4): 1
Interior Features
  • Crown Molding, Granite Counters, Recessed Lighting
  • Levels: One
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Fence
  • Brick, Wood, Wrought Iron
  • Other Structures: Outbuilding, Storage, Workshop
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Porch, Rear Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5525011005
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: Parking
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: W of La Brea, N of Melrose
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 737 N Formosa Ave

Last sold for $1,650,000 on October 17th, 2023

  • October, 2023

  • Oct 17, 2023

    Date

    Sold

    CRMLS: SR23099664

    $1,650,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: SR23099664

    $1,850,000

    Price

  • September, 1997

  • Sep 24, 1997

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

  • July, 1995

  • Jul 24, 1995

    Date

    Sold (Public Records)

    Public Records

    $232,500

    Price

Show More

Tax History for 737 N Formosa Ave

Assessed Value (2020): $386,894
Year Land Value Improved Value Assessed Value
2020 $309,522 $77,372 $386,894

Home Value Compared to the Market

This property vs the competition

737 N Formosa Ave sold on October 17, 2023 for 42.86% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $904.25 per/sqft which puts the price per square foot 19.77% higher than the current median sale per square foot for the city of Los Angeles.

About 737 N Formosa Ave

Detailed summary of property

737 N Formosa Ave is a single family home that recently sold in Los Angeles, CA 90046. This house offered 4 bedrooms, 2 bathrooms, roughly 1,880 living square feet, and sits on an approximately 7,700 square foot lot. 737 N Formosa Ave was first listed on ArdentRealEstateGroup.com on June 8, 2023. The homeowner sold the property for $1,650,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.86% higher than the current median priced home. Local homes that are currently for sale include 1203 N Garbo Ln, 1424 N Jonah Ln and 803 N Ogden Dr. While the average home in Los Angeles, CA is selling in 92 days, 737 N Formosa Ave has a days on market of 76 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 737 N Formosa Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 737 N Formosa Ave

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
1,880
Lot Size
7,700
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
66
APN
5525-011-005

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,965,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
226
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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