15 days on rocket

163 S Formosa Ave, Los Angeles, CA, 90036

$2,575,000

3 Bedrooms
2 Full Baths, 1 Partial
2,588 SqFt
$995/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Garage
Year Built1936
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
MLS #24367845
Lot Size0.18 Acres
StatusActive

About 163 S Formosa Ave

Traditional Single Story 2500+ sq ft Miracle Mile Home on 7700 sq ft lot on tree-lined Formosa Ave. Extra handsome curb appeal with striking architecture, mature trees, front porch, covered entry. Center hallway with skylight + views all the way to the family room French Doors and backyard. Large living room with leaded glass window to street, statement fireplace, recessed lights, ornate crown molding. Large sunshine infused dining room with leaded glass window to street. Wide spacious kitchen with deep windows, breakfast area, double pantries, double sink, large range with ovens, built-in dishwasher, microwave, abundant storage, service entrance. Laundry room + powder room. Third bedroom would also make a perfect office. Primary bedroom has built-ins, a large walk in closet, en-suite bathroom with double vanity + makeup counter + walk in shower + tub with jets + abundant storage. Secondary bedroom has an en-suite custom special needs tub. Family room at the back of the house opens with French Doors to the backyard. Extra deep lot with grassy area with fruit trees + hardscape al fresco dining barbecue area. Outside structure attached to the one car garage has an outdoor kitchen with doors and shutters to the yard. Hardwood floors, central HVAC, abundant sunshine, Third St School District.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1936
  • Stories: 1
  • Living Area: 2,588 SqFt

Listing Office:

  • Office Name: The Bienstock Group
  • Office Phone: (323) 310-2525
  • Listing Agent: Sheri Bienstock

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Door-Single, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Burroughs Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Third Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: On Formosa between First and Second (between Beverly Blvd and Third St)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,575,000
  • Price Per SqFt: $995/SqFt

Tax Information:

  • Annual Amount: $23,281
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

163 S Formosa Ave vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$2,575,000

+$1.5M More

$995/SqFt

+$363 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $363/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24367845

Listing Office:

  • Office Name: The Bienstock Group
  • Office Phone: (323) 310-2525
  • Listing Agent: Sheri Bienstock

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 4:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2006Home Sold
$1,575,000

Tax History

YEARPROP. TAXASSESSMENT
2021$23,281$1,949,460
2020$22,581$1,929,472
2019$22,479$1,891,640
2018$21,990$1,854,550
2017$21,990$1,818,187

History based on county public records data.

Payment Calculator

$12.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,786

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6568507
9
/10
  • Third Street Elementary School

  • 201 S June St

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-6568508
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 0.87 miles

  • Public Magnet Grades KG-6

school-card-donut-6568509
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.82 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6568510
8
/10
  • John Burroughs Middle School

  • 600 S Mccadden Pl

  • 0.82 miles

  • Public Magnet Grades 6-8

school-card-donut-6568511
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.69 miles

  • Public District Grades 6-8

High School

school-card-donut-6568512
4
/10
  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 1.10 miles

  • Public Magnet Grades 9-12

school-card-donut-6568513
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.06 miles

  • Public Magnet Grades 9-12

school-card-donut-6568514
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.13 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $146,382. Most Los Angeles, CA residents have annual incomes between $100k-200k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 163 S Formosa Ave

What is the listing price of this property?

The listing price of 163 S Formosa Ave property is $2,575,000.

What type of property is this?

The property 163 S Formosa Ave is a house located in Los Angeles, California, 90036.

Is this property for sale now?

Active Listing: 163 S Formosa Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 163 S Formosa Ave are:
Third Street Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
John Burroughs Middle School: GreatSchools Rating 8/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $23,281 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 18, 2006 for $1,575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 163 S Formosa Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 163 S Formosa Ave is 2,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 163 S Formosa Ave is 1936.
Rocket Homes logo

Interested in 163 S Formosa Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaLos Angeles CountyLos Angeles90036163 S Formosa Ave

This home is located at 163 S Formosa Ave in Los Angeles, CA and zip code 90036 in the Central LA neighborhood. This 2,588 square foot home, which was built in 1936, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $2,575,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

More Resources