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

$1,220,000 Sold Price as of 11/29/2021
  • 2 Beds
  • 2.5 Baths
  • 2,025 Sq.Ft.
Sold
$1,220,000 Sold Price as of 11/29/2021 Refinance Your Mortgage

Map preview of 816 N Formosa Ave, Los Angeles, CA 90046

Property Overview: 816 N Formosa Ave Los Angeles, CA has 2 bedrooms, 2.5 bathrooms, 2,025 living square feet and 1,510 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Very Private rear unit ~ Sleek Architectural ~ Welcome to The Formosa Four built in 2018 by award-winning Telemachus Studio, using the finest materials inside and out. Enjoy this spacious 2,025 square feet of living space. Walk Scores of 96/100, close proximity to the best Hollywood has to offer- classic restaurants, modern bistros, cocktail bars, and iconic shopping districts along Melrose & La Brea. This home features 2 bedrooms with en suite bathrooms on the 3rd level. The level is light and bright with an open concept kitchen with Bosch appliances and top of the line European cabinetry. Also on the 2nd floor is the living room, dining room and a Powder Room. The home has white oak wood flooring on the 2nd & 3rd floors. 1st level has flex space with polished concrete floors which can be used as an office or converted into a 3rd bedroom with minor changes with a 3/4 bath. Private patio with lighting in the rear great for outdoor dining; 2 car side by side parking. The electrical supply is designed to accommodate EVSE. The electrical supply is also designed to accommodate solar panels.

Listed by Sylvia Dunbar | BRE #01233146 | Sotheby's International Realty
Last checked: 14 minutes ago | Last updated: December 1st, 2021 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
1,510
HOA Dues
$204/mo
Year built
2018
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
21779612
City
Los Angeles
County
Los Angeles
Time on Site
961 days

Property Details for 816 N Formosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Entry
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Covered, Direct Garage Access
  • Has Attached Garage
Property Information
  • Has View
  • View: Park/Greenbelt
  • Parcel Number: 5525003044
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $204 (Monthly)
Location / Neighborhood
Location Information
  • Directions: South of Santa Monica ~ North of Melrose ~ West of La Brea
View more facts & features

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Sale History for 816 N Formosa Ave

Last sold for $1,220,000 on November 29th, 2021
  • September, 2021

  • Sep 7, 2021

    Date

    Active

    CRMLS: 21779612

    $1,289,000

    Price

  • September, 2021

  • Sep 4, 2021

    Date

    Canceled

    CRMLS: 21747562

    $1,299,000

    Price

  • Jun 24, 2021

    Date

    Active

    CRMLS: 21747562

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT OWNER, PER THE OWNER. Welcome to The Formosa Four built in 2018 by award-winning Telemachus Studio, using the finest materials inside & out. This stunning rear unit has 2,025 square feet of living space with incredible Walk Scores of 96/100, close proximity to the best Hollywood has to offer- classic restaurants, modern bistros, cocktail bars, and iconic shopping districts along Melrose & La Brea. The home features 2 bedrooms with en suite bathrooms on the 3rd level. The level is light and bright with an open concept kitchen with Bosch appliances and top of the line European cabinetry. Also on the 2nd floor is the living room, dining room and a Powder Room. The home has white oak wood flooring on the 2nd & 3rd floors. 1st level has flex space with polished concrete floors which can be used as an office or converted into a 3rd bedroom with minor changes with a 3/4 bath. Private patio with lighting in the rear great for outdoor dining; 2 car side by side parking. The electrical supply is designed to accommodate EVSE. The electrical supply is also designed to accommodate solar panels. https://816formosa.com/

  • June, 2021

  • Jun 8, 2021

    Date

    Canceled

    CRMLS: BB21060554

    $1,339,800

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: BB21060554

    $1,339,800

    Price

  • Apr 1, 2021

    Date

    Coming Soon

    CRMLS: BB21060554

    $1,339,800

    Price

  • Listing provided courtesy of CRMLS

    Minimal and Sleek ~ Welcome to The Formosa Four, a modern community of single family homes conceptualized and brought to life in 2018 by award-winning Telemachus Studio. This rear unit home located in the trendy Melrose District is tucked off the street away from foot traffic and shares NO walls. Upon entering you are greeted by a ground level flex/bonus space with polished concrete floors highly suitable for an office, home gym, media room or additional den served by it's own bathroom & storage closet. On the second level, a living area flooded with light, white oak wood flooring, a refined powder bathroom, and an open concept kitchen with Bosch appliances as well as top of the line high gloss European cabinetry. Ascend the cantilevered staircase and you'll find the primary bedroom, a light filled ensuite bathroom with skylight, rain shower, dual vanity, walk-in closet, & water closet. The guest bedroom also features an ensuite bathroom. Some additional aspects of this home are its direct entry two car side by side garage, vast built-in storage space, and a private ground level patio that is perfect for alfresco dining/lounging! With a 93/100 Walk Score you are in close proximity to the best that Hollywood has to offer - classic restaurants, cocktail bars, and iconic shopping districts along Melrose and La Brea Avenues. In addition, this home is only .5 of a mile away from Sprouts and The West Hollywood Gateway, home to Target, Best Buy, Ulta, BevMo, and much more!

  • March, 2021

  • Mar 22, 2021

    Date

    Canceled

    CRMLS: BB21004039

    $1,399,000

    Price

  • Mar 4, 2021

    Date

    Price Change

    CRMLS: BB21004039

    $1,399,000

    Price

  • Jan 8, 2021

    Date

    Active

    CRMLS: BB21004039

    $1,449,000

    Price

  • Listing provided courtesy of CRMLS

    In 2018, award-winning architectural design firm Telemachus Studio completed their final small lot development project known as The Formosa Four. Welcome to 816 N Formosa! This architectural home located in the trendy Melrose District shares no walls and features a private ground level patio. Upon entry you're greeted by a ground level flex space with it’s own bathroom, highly suitable for an office or studio. On the second level, a refined powder bathroom, a living area flooded with light and an open concept kitchen with Bosch appliances as well as top of the line high gloss European cabinetry. Ascend the cantilevered staircase to the third level where you'll find the primary and guest bedroom, both with their own en-suite bathrooms. This home also features a direct entry two car garage. With an incredible 96/100 Walk Score you are in close proximity to the best that Hollywood offers- classic restaurants, modern bistros, cocktail bars, and iconic shopping districts along Melrose and La Brea Avenues. In addition, this home is only .5 of a mile away from The West Hollywood Gateway home to Target, Best Buy, Ulta, BevMo, and so much more!

  • June, 2018

  • Jun 15, 2018

    Date

    Sold

    CRMLS: 18339552

    $1,249,000

    Price

  • May 16, 2018

    Date

    Pending

    CRMLS: 18339552

    $1,249,000

    Price

  • May 2, 2018

    Date

    Active

    CRMLS: 18339552

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    Last Home Available at The Formosa Four! A modern community featuring 4 architectural residences by the award-winning Telemachus Studio. These stunning homes boast an incredible 96/100 Walk Score with residents enjoying close proximity to the best that Hollywood offers- classic restaurants, modern bistros, cocktail bars, and iconic shopping districts along Melrose and La Brea Avenues! Homes feature two bedrooms with en suite bathrooms and a ground level flex space with half bath, ideal for an office or studio. The light and bright 2nd level is an open concept kitchen, dining area, and living room with half bath and pocket sliders. Each residence is complete with ground floor private patios and 2 car direct entry garages.

  • June, 2018

  • Jun 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,249,000

    Price

  • April, 2018

  • Apr 30, 2018

    Date

    Canceled

    CRMLS: 18329614

    $1,299,000

    Price

  • Apr 6, 2018

    Date

    Active

    CRMLS: 18329614

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    FINAL HOME! The Formosa Four- a modern community featuring 4 architectural residences by the award-winning Telemachus Studio. These stunning homes boast an incredible 96/100 Walk Score with residents enjoying close proximity to the best that Hollywood offers- classic restaurants, modern bistros, cocktail bars, and iconic shopping districts along Melrose and La Brea Avenues! This home features two bedrooms with en suite bathrooms and a ground level flex space with half bath, ideal for an office or studio. The light and bright 2nd level is an open concept kitchen, dining area, and living room with half bath and pocket sliders. Complete with ground floor private patio and 2 car direct entry garages, this home also benefits from a quiet and private aspect in the complex. Ideal location in a great walk-friendly neighborhood.

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Tax History for 816 N Formosa Ave

Assessed Value (2020): $1,299,459
Year Land Value Improved Value Assessed Value
2020 $858,330 $441,129 $1,299,459

Home Value Compared to the Market

This property vs the competition

816 N Formosa Ave sold on November 29, 2021 for 22.76% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $636.54 per/sqft which puts the price per square foot 13.75% lower than the current median sale per square foot for the city of Los Angeles.

About 816 N Formosa Ave

Detailed summary of property

816 N Formosa Ave is a single family home that recently sold in Los Angeles, CA 90046. This house offered 2 bedrooms, 2.5 bathrooms, roughly 2,025 living square feet, and sits on an approximately 1,510 square foot lot. 816 N Formosa Ave was first listed on ArdentRealEstateGroup.com on September 7, 2021. The homeowner sold the property for $1,220,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 22.76% higher than the current median priced home. Local homes that are currently for sale include 7576 Hollywood Blvd, 531 N Rossmore Ave #405 and 600 S Ridgeley Dr #Penthouse 9. This home does have a Homeowners Association and the monthly fee is $204 per month. While the average home in Los Angeles, CA is selling in 97 days, 816 N Formosa Ave has a days on market of 57 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 816 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 816 N Formosa Ave

Public county record property details
Beds
2
Baths
4
Year built
2016
Sq. Ft.
1,875
Lot Size
1,509
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
C
APN
5525-003-044

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
$1,995,000
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
201
Median Sale to List Price %
100.56%
Avg Days on Market
52
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (4.55%), Other (9.09%)

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Related Resources to 816 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.