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Sold for $1,650,000
  • Listed by: Elite Realty and Mortgage • Snezhana Kuchiersky • Contact: 818-717-0757
    Bought with: Elite Realty and Mortgage
    $1,650,000

    737 N Formosa Ave, Los Angeles, CA 90046

    4beds
    1,880sqft
    Single Family Residence
    Built in 1925
    7,700 Square Feet Lot
    $2,002,400 Zestimate®
    $878/sqft
    $7,769 Estimated rent

    Home value

    $2,002,400

    $1.82M - $2.22M

    $7,769/mo

    Zestimate® history
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    What's special

    Cozy fireplaceGood size backyardMaster suiteFully remodeled bathroomNeutral colorsClose proximity to entertainmentExtra space
    Welcome to the spacious, light and bright, updated home located in the heart of Los Angles, Melrose District. This fantastic property features many desired elements and offer endless possibilities. As you enter through the front door, you will see sizeable grand living area with tons of windows allowing plenty of natural light. Beautiful laminate floors, recessed lighting, cozy fireplace, crown moldings, and neutral colors will complement any decor style. Gorgeous, spaciously open upgraded kitchen with granite countertops, ample storage space. and stainless-steel appliances. The in-kitchen dining room can accommodate a huge dining table and is perfect for entertaining. All four bedrooms are good size. The master suite with their own fully remodeled bathroom featuring granite counters, beautiful tilework, tub, enclosed glass shower, and double sinks. The other 2 bedrooms have a good size Jack & Jill bathroom and a generous built in storage/closet space. The fourth bedroom is currently used as an office and has an attached powder room and built in closet. There is an enclosed patio that adds extra space for entertaining, living, or any other purpose! Good size backyard has several structure/outbuildings that can be used as studio, gym, guest quarters, office. This home has so many desirable features and more. Endless opportunities for comfortable living and expansion. Located in the heart of the city and in close proximity to entertainment, dining, and shopping. Don't miss the opportunity to own this spectacular home in one of the best locations in the city!

    Zillow last checked:

    Listing updated:

    Listed by:

    Snezhana Kuchiersky DRE #01871860 sana101@gmail.com,

    Elite Realty and Mortgage,

    Arkady Kuchiersky DRE #02136128,

    Elite Realty and Mortgage

    Bought with:

    Snezhana Kuchiersky, DRE #01871860

    Elite Realty and Mortgage

    Source: CRMLS,MLS#: SR23099664MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/4 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Dual Sinks, Granite Counters, Remodeled, Separate Shower, Upgraded, Walk-In Shower
    Kitchen
    • Features: Granite Counters, Kitchen Island, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range, Microwave
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite
    • Flooring: Laminate
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,880 sqft

    Property

    Parking
    • Parking features: Driveway
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: ground main
    • Patio & porch: Rear Porch, Covered, Porch
    • Pool features: None
    • Spa features: None
    • Fencing: Brick,Wood,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,700 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Additional structures: Outbuilding, Storage, Workshop
    • Parcel number: 5525011005
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $878/sqft
    • Tax assessed value: $1,683,000
    • Annual tax amount: $20,323
    • Date on market: 6/8/2023
    • Cumulative days on market: 76 days
    • Listing terms: Cash,Conventional
    • Exclusions: refrigerator, washer, dryer

    Price history

    DateEventPrice
    10/17/2023Sold$1,650,000-2.9%$878/sqft
    Source: CRMLS #SR23099664 Report a problem
    8/29/2023Pending sale$1,699,999$904/sqft
    Source: CRMLS #SR23099664 Report a problem
    8/17/2023Listed for sale$1,699,999$904/sqft
    Source: CRMLS #SR23099664 Report a problem
    8/14/2023Pending sale$1,699,999$904/sqft
    Source: CRMLS #SR23099664 Report a problem
    7/17/2023Price change$1,699,999-5.6%$904/sqft
    Source: CRMLS #SR23099664 Report a problem
    7/8/2023Listed for sale$1,799,999$957/sqft
    Source: CRMLS #SR23099664 Report a problem
    7/5/2023Pending sale$1,799,999$957/sqft
    Source: CRMLS #SR23099664 Report a problem
    6/28/2023Price change$1,799,999-2.7%$957/sqft
    Source: CRMLS #SR23099664 Report a problem
    6/8/2023Listed for sale$1,850,000+598.1%$984/sqft
    Source: CRMLS #SR23099664 Report a problem
    9/24/1997Sold$265,000+14%$141/sqft
    Source: Public Record Report a problem
    7/24/1995Sold$232,500+121.8%$124/sqft
    Source: Public Record Report a problem
    11/9/1994Sold$104,839+20867.8%$56/sqft
    Source: Public Record Report a problem
    2/14/1994Sold$500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,323 +0.6%$1,683,000 +2%
    2024$20,197 +288.4%$1,650,000 +305.7%
    2023$5,200 +4.6%$406,691 +2%
    2022$4,970 +1.5%$398,718 +2%
    2021$4,899 -0.9%$390,901 +1%
    2020$4,944 $386,894 +2%
    2019$4,944 +7%$379,308 +2%
    2018$4,622 $371,871 +2%
    2017$4,622 +2.2%$364,580 +2%
    2016$4,524 +2.7%$357,432 +1.5%
    2015$4,406 +0.9%$352,064 +2%
    2014$4,365 $345,168 +2.5%
    2012-- $336,872 +2%
    2011-- $330,267 +0.8%
    2010-- $327,800 -0.2%
    2009-- $328,579 +2%
    2008-- $322,137 +2%
    2007-- $315,821 +2%
    2006-- $309,629
    2005-- $309,629 +4%
    2004-- $297,608 +1.9%
    2003-- $292,155 +2%
    2002-- $286,428 +4%
    2000-- $275,307
    Find assessor info on the county website

    Neighborhood: Mid City West

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,002,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,002,400