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147 N Formosa Ave, Los Angeles, CA 90036

Sale Price: $1,600,000
Sep 19, 20242,410 sqft3 beds2 baths
Listed by: Nancy Sanborn
License #: 00771096
Phone #: 310-777-2858
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 24441939

Property Description

Court is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. Welcome to 147 N. Formosa Avenue, a 3-bedroom, 2-bathroom home offering 2,410 sq.ft. of living space on a spacious 7,699 sq.ft. lot. As you enter the home, you will notice a large living room with well-appointed windows allowing natural light to flood the area and a fireplace adding a sense of warmth and coziness. The backyard features a pool, ready to be restored and transformed into a relaxing outdoor oasis. The detached garage has its own bathroom, which allows for exploration of ADU opportunities, a guest house or office space. Ideally located between Beverly Boulevard and 3rd Street, this home is close to a wide variety of shops, restaurants, and entertainment options in one of Los Angeles' most sought-after areas. With solid bones and timeless character, this home presents a fantastic opportunity for those looking to renovate and personalize. Situated in a Historic Preservation Overlay Zone (HPOZ), it offers the chance to preserve its classic charm while modernizing the space to fit your style and needs. Probate sale, court confirmation required.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,909

TurboHome Estimated Value

$1,837,200

$762 sqft

High Valuation
$1,929,060
$800/sqft
Normal Valuation
$1,837,200
$762/sqft
Low Valuation
$1,745,340
$724/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$762/sqft$1,837,200

Neighborhood: Mid City West

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Comparative Value

$1.60M

$1.68M

$1.76M

$2.27M

$2.45M

147 N Formosa Ave, Los Angeles, CA 90036

Sale Price: $1,600,000

Selected Comparable

147 N Formosa Ave, Los Angeles, CA 90036

List Price: $1,680,500

Subject Property

602 N Martel Ave, Los Angeles, CA 90036

Sale Price: $1,765,000

Selected Comparable

116 S Gardner St, Los Angeles, CA 90036

Sale Price: $1,790,000

Selected Comparable

740 N Sierra Bonita Ave, Los Angeles, CA 90046

Sale Price: $2,275,000

Selected Comparable

157 N Poinsettia Pl, Los Angeles, CA 90036

Sale Price: $2,450,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
147 N Formosa Ave, Los Angeles, CA 90036

147 N Formosa Ave, Los Angeles, CA 90036

List: $1,680,500

Listed: 9/19/2024

Area:2,410 sqft
Price/sqft:$697
Beds:3
Baths:2
Year Built:
Lot Size:7,699

Comparable Properties

COMPARABLE
Choose comps
147 N Formosa Ave, Los Angeles, CA 90036

147 N Formosa Ave, Los Angeles, CA 90036

Sale: $1,600,000

12/17/20240.00 mi

Area:2,410 sqft
Price/sqft:$664
Beds:3
Baths:2
Year Built:
Weight:23.2%
157 N Poinsettia Pl, Los Angeles, CA 90036

157 N Poinsettia Pl, Los Angeles, CA 90036

Sale: $2,450,000

5/29/20250.14 mi

Area:2,299 sqft
Price/sqft:$1,066
Beds:3
Baths:3
Year Built:
Weight:20.9%
740 N Sierra Bonita Ave, Los Angeles, CA 90046

740 N Sierra Bonita Ave, Los Angeles, CA 90046

Sale: $2,275,000

6/23/20250.81 mi

Area:1,965 sqft
Price/sqft:$1,158
Beds:3
Baths:2
Year Built:
Weight:20.4%
602 N Martel Ave, Los Angeles, CA 90036

602 N Martel Ave, Los Angeles, CA 90036

Sale: $1,765,000

11/25/20240.54 mi

Area:2,000 sqft
Price/sqft:$883
Beds:3
Baths:2
Year Built:
Weight:19.3%
116 S Gardner St, Los Angeles, CA 90036

116 S Gardner St, Los Angeles, CA 90036

Sale: $1,790,000

5/21/20250.39 mi

Area:2,283 sqft
Price/sqft:$784
Beds:4
Baths:3
Year Built:
Weight:16.2%

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