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$2,195,000

Beds
3
Baths
2.0
sq ft
1,617

503 N Formosa Ave, Los Angeles, CA 90036

503 N Formosa Ave

Los Angeles, CA 90036

  • 20 days on market
    • Open house Jun 30
1926 Single Story Character Spanish taken down to the studs and entirely done new. Charming curb appeal with fully hedged front courtyard and Spanish tile roof. Living room with soaring barrel ceiling, stone fireplace surround on the gas fireplace, picture window to the street. Living room opens to the dining room and kitchen. Brand new oak kitchen with quartz counters, center island, double sinks, Thermador appliances including a 48 inch range/oven, abundant storage. Breakfast room surrounded by windows. 3 beds and 2 brand new baths. Primary suite has large closet, designer bath, double doors to outside seating area. New hardwood floors, windows, drywall, kitchen, baths, upgraded plumbing, updated electrical. Central HVAC. 2 car garage off Rosewood. Hardscape hedged front yard and grassy charming backyard. Amazing quiet location close to shops, restaurants, etc. Charming, trendy, meticulous, and move-right-in condition! Easy to show!

Details

Property type

Single Family Residence

Est. home value

$1,518,852

Lot size

4,999 sq ft

Price per sq ft

$1,358

Year built

1926

HOA

No

Price History

06/09/2024
CLAW

CLAW #24387753

Listed
$2,195,000
+56.9%
01/23/2023
CLAW

CLAW #22196201

Sold
$1,399,000

Schools & Community

Neighborhood: 

Mid City West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Calcon Mutual Mortgage Llc

Loan start date

January 2023

Original loan amount

$1,115,410

Est. remaining balance

Not provided

Interest rate

10%

Loan type

New Conventional, 30 year

Seller

Simon Farahdel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/29/2024 at 7:45 AM

Listing updated: 06/27/2024 at 4:53 PM

Listed by: Sheri Bienstock, The Bienstock Group Phone #: (323) 310-2525

MLS: CLAW #24387753

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