See Home Value
$2,169,202*
House - Off Market

162 S Formosa Ave

Los Angeles, CA 90036
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2808 Sqft
$1,935,000 - $2,365,000
Reference Base Price*
0.89%
Since Aug 1, 2023
CA-Los Angeles
Primary Model
Sold Jul 19, 2023
$2,000,000

About This Property

Location,Location, Location! First time on the market after 48 years. Steps from The Grove and close to some of the finest shopping, restaurants, and places of worship. This lovely light and bright two story home  features wood flooring , 4 large bedrooms, 3 bathrooms and a den, a stunning living room with a decorative fireplace, an exquisite dining room perfect for entertaining.  Nestled in the Miracle Mile neighborhood the house is close to, The Urban Light Sculpture, The Los Angeles County Museum of Art, The Petersen Automotive Museum, LA Brea Tar Pits, The world-famous Farmers market, and The Grove. This is the perfect home for a growing family, you can update or reimagine the current floor plan. Such a great place to call home.

The manager has listed the unit size as 2808 square feet.
Unit Size
2,808Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$766
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Jul 20, 2023 No longer available -
No longer available
Jul 19, 2023 Sold to Brian Dror, Tabitha Dror $2,000,000
Sold to Brian Dror, Tabitha Dror
May 20, 2023 In contract -
In contract
May 19, 2023 Relisted $2,150,000
Relisted
May 2, 2023 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: French Provincial
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,808
  • Building Area: 2,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5207
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5207 LOT/SEC 185

Ownership

  • Current Owner : DROR BRIAN
  • Current Owner 2: DROR TABITHA
  • Previous Owner : JUANA SLOMOVITS FAMILY TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-B6
  • Subdivision Tract Number: 5207
  • Parcel: 5513-020-013
  • Lot: 185
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0718
  • Longitude: -118.346

    Address

  • Full Address: 162 S Formosa Ave
  • Address - House Number: 162
  • Street Direction: S
  • Address - Street Name: Formosa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C006
  • 4-Digit Zip Code: 2816
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,848
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 68
  • Final Value: 2,136,920
  • High Value: 2,627,544
  • Low Value: 1,646,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,448
  • Assessed Land Value: $70,667
  • Assessed Improvements Value: $147,781

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Transaction ID: 11909405986
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 474921



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,356 ft²
$1,061/ft²
$2,499,000 May 1, 2023
-
-
House
4 Beds
3 Baths
2,259 ft²
$1,105/ft²
$2,496,000 Mar 31, 2023
-
-
House
4 Beds
3.5 Baths
1,892 ft²
$1,321/ft²
$2,499,000 May 19, 2023
-
-
House
4 Beds
2 Baths
1,757 ft²
$1,081/ft²
$1,900,000 Apr 24, 2023
-
-
House
5 Beds
2.5 Baths
3,342 ft²
$586/ft²
$1,959,077 Mar 24, 2023
-
-
House
3 Beds
2.5 Baths
2,277 ft²
$997/ft²
$2,270,000 May 8, 2023
-
-
House
3 Beds
2 Baths
2,270 ft²
$1,079/ft²
$2,450,000 May 4, 2023
-
-
House
5 Beds
5 Baths
3,500 ft²
$570/ft²
$1,995,000 Mar 17, 2020
-
-
Multifamily
4 Beds
-
-
$1,945,000 Apr 26, 2023
-
-
House
2 Beds
1.5 Baths
1,431 ft²
$1,222/ft²
$1,749,000 Feb 20, 2023
-
-

About Central LA


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Frequently Asked Questions

When was property at 162 South Formosa Avenue built and last sold?
The property at 162 South Formosa Avenue was built in 1938 and last sold on Jul 12, 2023 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 162 South Formosa Avenue is $2,282,030.
What are some comparable homes to 162 South Formosa Avenue?
Homes that are comparable to 162 South Formosa Avenue include a house property at 545 North Poinsettia Place, 6119 Lindenhurst Avenue, 741 North Martel Avenue.

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