521 North Formosa Avenue

Los Angeles, CA 90036

$1,290,000
Last Sold Price
3
Beds
2
Baths
1,482 Sq. Ft.
$870 / Sq. Ft.
1,482
Sq. Ft.
$870
per Sq. Ft.

Description

Location,location,location! Attn all builders, developers, investors, project seekers. This is a fixer or tear down property being sold primarily as land value. 3 Bedroom 2 Bath House on a good sized lot in a Prime Melrose Location; Buyer(s) to verify all information regarding this property.Location,location,location! Attn all builders, developers, investors, project seekers. This is a fixer or tear down property being sold primarily as land value. 3 Bedroom 2 Bath House on a good sized lot in a Prime Melrose Location; Buyer(s) to verify all information regarding this property.

Property Details for 521 North Formosa Avenue

Zoning
LAR1
Style
Spanish
Parcel Number
5525023008
Living Area
1482
Source Living Area
Assessor
Area
Beverly Center-Miracle Mile (C19)
Lot Size Area
6160
Source Lot Size Area
Assessor

Location

Listing Courtesy of Compass, Rick Ojeda, DRE #00987794

Sold By Compass, Rick Ojeda, DRE #00987794

Add your commute
LISTING UPDATED: 12/26/2019 03:45 PM

Property Details for 521 North Formosa Avenue

StatusSold
MLS #19-518368
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1925
Lot Size0.14 AC / 6,160 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Rick Ojeda, DRE #00987794

Sold By Compass, Rick Ojeda, DRE #00987794

Add your commute

Building Information for 521 North Formosa Avenue

Stories1Year Built1925Building Size-Lot Size0.14 AC / 6,160 SF

Payment Calculator

$10,042 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,040

Property Taxes

$3,002

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 521 North Formosa Avenue

Community / Development
Community / Development
  • HOA: No
  • Number Of Units: 0
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • View: None
  • Maids Room: false
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 3
  • Covered Parking: 2
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 2
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Living Room, Master Bathroom
  • Rooms: Living Room, Master Bedroom, Other
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-07-2019

Property History for 521 North Formosa Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 521 North Formosa Avenue

Taxable ValueLand$1,950,240Additions$1,020,000Total$2,970,240
Tax Record2023$36,029 ($3,002 / month)
Home Facts
Beds4Total Finished SqFt2,724 SqFtAbove Grade Finished SqFt2,724 SqFtStories1Lot Size6,160 SqFtStyleSingle Family ResidenceYear Built1925ZoningLAR1CountyLOS ANGELESAPN5525-023-008

Schools near 521 North Formosa Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 5
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

Melrose Elementary School
PublicK to 5

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Rick Ojeda, DRE #00987794

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.