603 N Formosa Ave, Los Angeles, CA 90036 - View 1
603 N Formosa Ave, Los Angeles, CA 90036 - View 2
603 N Formosa Ave, Los Angeles, CA 90036 - View 3

603 N Formosa Ave, Los Angeles, CA 90036

Sale Price: $1,580,000
Feb 14, 20251,599 sqft3 beds2 baths
Listed by: Christopher Palzis
License #: 01998409
Phone #: 310-259-3828
Palm Realty Boutique Inc.
Source:
CRMLS Logo
MLS #: 25497431

Property Description

Welcome to your dream home in the heart of Beverly Center/Miracle Mile, just half a block from the vibrant Melrose Avenue. This exquisite Spanish-style corner lot residence seamlessly blends classic charm with modern amenities, offering 3 spacious bedrooms and 2 luxurious bathrooms in the main house measuring 1399 sq ft. with a one bedroom permitted bonus room. As you step inside, you'll be greeted by gleaming hardwood floors that flow throughout the open-concept living space with the space planned by famous interior designer. The expansive living room, adorned with traditional Spanish architectural details, leads effortlessly into the gourmet kitchen with custom cabinetry. Outside, the property boasts a private front yard oasis with meyer lemon and orange trees, ideal for alfresco dining or simply unwinding under the California sun. The home's prime location places you within walking distance of trendy shops, renowned restaurants, and cultural landmarks like the Melrose and Fairfax Districts, The Grove and Fairfax High School encapsulating the dynamic lifestyle of Los Angeles. Experience the perfect fusion of historic elegance and contemporary living in this remarkable Spanish-style home.
Assignment
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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

$19,435

TurboHome Estimated Value

$1,497,800

$937 sqft

High Valuation
$1,572,690
$984/sqft
Normal Valuation
$1,497,800
$937/sqft
Low Valuation
$1,422,910
$890/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$937/sqft$1,497,800

Neighborhood: Mid City West

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Comparative Value

$1.16M

$1.50M

$1.58M

$1.69M

$1.76M

806 N Martel Ave 1, Los Angeles, CA 90046

Sale Price: $1,155,000

Selected Comparable

610 N Curson Ave, Los Angeles, CA 90036

Sale Price: $1,500,000

Selected Comparable

603 N Formosa Ave, Los Angeles, CA 90036

Sale Price: $1,580,000

Selected Comparable

7361 Oakwood Ave, Los Angeles, CA 90036

Sale Price: $1,690,000

Selected Comparable

603 N Formosa Ave, Los Angeles, CA 90036

List Price: $1,699,950

Subject Property

602 N Martel Ave, Los Angeles, CA 90036

Sale Price: $1,765,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
603 N Formosa Ave, Los Angeles, CA 90036

603 N Formosa Ave, Los Angeles, CA 90036

List: $1,699,950

Listed: 2/14/2025

Area:1,599 sqft
Price/sqft:$1,063
Beds:3
Baths:2
Year Built:
Lot Size:4,952

Comparable Properties

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

603 N Formosa Ave, Los Angeles, CA 90036

Sale: $1,580,000

4/22/20250.00 mi

Area:1,599 sqft
Price/sqft:$988
Beds:3
Baths:2
Year Built:
Weight:23.5%
7361 Oakwood Ave, Los Angeles, CA 90036

7361 Oakwood Ave, Los Angeles, CA 90036

Sale: $1,690,000

7/3/20250.33 mi

Area:1,333 sqft
Price/sqft:$1,268
Beds:3
Baths:2
Year Built:
Weight:21.3%
610 N Curson Ave, Los Angeles, CA 90036

610 N Curson Ave, Los Angeles, CA 90036

Sale: $1,500,000

3/7/20250.49 mi

Area:1,300 sqft
Price/sqft:$1,154
Beds:3
Baths:2
Year Built:
Weight:19.0%
806 N Martel Ave 1, Los Angeles, CA 90046

806 N Martel Ave 1, Los Angeles, CA 90046

Sale: $1,155,000

12/9/20240.35 mi

Area:1,504 sqft
Price/sqft:$768
Beds:3
Baths:3
Year Built:
Weight:18.1%
602 N Martel Ave, Los Angeles, CA 90036

602 N Martel Ave, Los Angeles, CA 90036

Sale: $1,765,000

11/25/20240.25 mi

Area:2,000 sqft
Price/sqft:$883
Beds:3
Baths:2
Year Built:
Weight:18.0%

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