842 N Formosa Ave Los Angeles, CA 90046

$991,000 Sold Price as of 11/03/2006

8 Beds
19 Baths
10,544 Sq.Ft.

Off Market

$991,000 Sold Price as of 11/03/2006 Refinance Your Mortgage

Map preview of 842 N Formosa Ave, Los Angeles, CA 90046

Property Overview: 842 N Formosa Ave Los Angeles, CA has 8 bedrooms, 19 bathrooms, 10,544 living square feet and 13,298 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

842 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 842 N Formosa Ave

Last sold for $991,000 on November 3rd, 2006

November, 2006
Nov 3, 2006

Date

Sold (Public Records)

Public Records

$991,000

Price
June, 2006
Jun 30, 2006

Date

Sold (Public Records)

Public Records

$2,420,000

Price

Tax History for 842 N Formosa Ave

Assessed Value (2020): $3,235,397

Year	Land Value	Improved Value	Assessed Value
2020	$1,960,105	$1,275,292	$3,235,397

About 842 N Formosa Ave

Detailed summary of property

842 N Formosa Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90046 and last sold on November 3, 2006 for $991,000. This property has 8 bedrooms, 19 bathrooms, roughly 10,544 living square feet, and sits on an approximately 13,298 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 11.52% lower than the current median priced home. 842 N Formosa Ave was last sold on November 3, 2006 for $991,000. Local nearby listings include 752 N Mansfield Ave, 602 N Martel Ave 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 842 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 842 N Formosa Ave

Public county record property details

Beds: 8
Baths: 19
Year built: 1928
Sq. Ft.: 10,544
Lot Size: 13,298
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 43,46
APN: 5525-003-020

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

$2,095,000

Median List Price/Sq.Ft.

$904

Median Sold Price

$1,188,800

Median Sold Price/Sq.Ft.

$773

Total Inventory

278

Median Sale to List Price %

95.1%

Avg Days on Market

Loan Type

Conventional (5.56%), FHA (0%), VA (0%), Cash (8.33%), Other (2.78%)

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(714) 706-1823

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