Commercial > Multi-family / Apartments
Sold
03/03/2016
Sold Price
$1,680,000$43/ft²
1338 Formosa Ave
Los Angeles, CA 90046
- 75Beds
- 75Baths
- 39,018ft²Living Area
- 0.5acLot Size
- -Pool
- -Car
- 2018Year Built
- -DOM
- 6Permits
1338 Formosa Ave, Los Angeles, CA 90046 is a 75 bed, 75 bath, 39,018 ft² multi-family/apartments property built in 2018 on a 0.463 acre lot with 6 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2016 for $1,680,000.
Permits
1338 Formosa Ave has 6 permit records of total value of $15,000.
Permit History
6
Permits
$15,000
Total Permit Value
January 29, 2018
Description: Demolition of 2-story apartment building to clear lot. Dpi/posting 16019-30000-05260Job Value: $7,500Status: finalType: Bldg-demolitionSub Type: ApartmentBusiness Name: Abelardo Manabat0Effective Date: 2018-01-29Permit Number: 16019-30000-05634
January 29, 2018
Description: Demolition of 2-story single family residence and garage to clear lot. Dpi/posting 16019-30000-05260Job Value: $7,500Status: finalType: Bldg-demolitionSub Type: 1 or 2 family dwellingBusiness Name: Abelardo Manabat0Effective Date: 2018-01-29Permit Number: 16019-30000-05633
September 29, 2017
Description: Sewer capStatus: finalType: plumbingSub Type: ApartmentEffective Date: 2017-09-29Permit Number: 17042-30000-01361
May 15, 2012
Description: Re-roof with class a or b material weighing less than 6 pound per sq. FtStatus: Permit ClosedType: Bldg-alter/repairSub Type: 1 or 2 family dwellingBusiness Name: Davis Timothy JEffective Date: 2012-05-15Permit Number: 12016-20000-09578
October 28, 2011
Description: Repipe (4) fixtures and install (1) hose bibbStatus: Permit FinaledType: PlumbingSub Type: 1 or 2 family dwellingBusiness Name: AR Plumbing ServicesEffective Date: 2011-10-28Permit Number: 11042-70000-19099
August 30, 2010
Description: Subpanel for installation of 6-gang meter service. (service paid under permit #10041-10000-17102)Status: Permit FinaledType: ElectricalSub Type: ApartmentBusiness Name: Branford ElectricEffective Date: 2010-08-30Permit Number: 10041-10000-17103
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$245,563.92From latest Total Assessed Value1.22%Total Assessed Value$20,134,262=Land+
Assessed Value$5,609,498Additions
Assessed Value$14,524,764
In 2023, taxes billed for 1338 Formosa Ave were $245,563.92, which is 1.22% from latest Total Assessed Value of $20,134,262.
Property History
1338 Formosa Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1338 Formosa Ave
Hazard Risks
Earthquake518Carb Mono143Particulates115Ozone113Air Pollution113Lead103Nat'l Avg100Tornado74Weather28Hurricane11Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1338 Formosa Ave.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1338 Formosa Ave has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Noise Level
41 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 1338 Formosa Ave is around 41dBs, which is comparable to a Quiet Suburban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
47°F
High
67°F
Summer
Average
Low
60°F
High
82°F
In the winter at 1338 Formosa Ave, temperatures range from 46.78°F to 66.9°F with an average of 56.84°F. In the summer, the temperature ranges from 59.5°F to 81.98°F with and average of 70.74°F.
School Information
Public/private schools serving 1338 Formosa Ave
Public Schools
Bancroft Middle School
Grades: 6-8
0.75 mi
C
Gardner Street Elementary
Grades: PK-5
0.45 mi
B
Hollywood High School
Grades: 9-12
0.41 mi
C
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1338 Formosa Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Hollywood, Los Angeles, CA 90046.
Seasonal Housing units 90046
11%of housing is for seasonal rent.
Daytime Population for 90046
+19%of people during work hours.
Boundary map of Hollywood.
Crime Index for 90046
180
180
The crime index in 90046 is 180, which is 1.8 times higher than national average.
Market Trends
Historical market data near 1338 Formosa Ave over selected time period.
Nearby Properties on Formosa Ave
- 1346 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 1,624 square foot, 4 bathroom, 0.15 acre property. It was built in 1923 and has an estimate of $2,427,471 with a price per ft² of $1,495.
- 434 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 4,590 square foot, 6 bedroom, 7 bathroom, 0.15 acre property. It was built in 2009 and has an estimate of $3,420,793 with a price per ft² of $745.
- 327 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 4,614 square foot, 5 bedroom, 7 bathroom, 0.18 acre property. It was built in 2000 and has an estimate of $2,952,728 with a price per ft² of $640.
- 1628 N Formosa Ave #Apt B, Los Angeles, CA 90046 (Hollywood And Highland) is a 1,102 square foot, 3 bedroom, 3 bathroom, 0.2 acre property. It was built in 1985 and has an estimate of $921,115 with a price per ft² of $836.
- 1302 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 3,335 square foot, 6 bedroom, 3 bathroom, 0.14 acre property. It was built in 1920 and has an estimate of $2,445,565 with a price per ft² of $733.
- 836 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 3,433 square foot, 7 bedroom, 5 bathroom, 0.15 acre property. It was built in 1954 and has an estimate of $2,055,791 with a price per ft² of $1,468.
- 826 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 3,465 square foot, 5 bedroom, 5 bathroom, 0.15 acre property. It was built in 1923 and has an estimate of $2,681,442 with a price per ft² of $774.
- 842 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 10,544 square foot, 8 bedroom, 19 bathroom, 0.31 acre property. It was built in 1928 and has an estimate of $7,483,561 with a price per ft² of $710.
- 820 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 1,745 square foot, 2 bedroom, 2.25 bathroom, 0.03 acre property. It was built in 2018 and has an estimate of $1,628,515 with a price per ft² of $933.
- 833 N Formosa Ave, Los Angeles, CA 90046 (833 North Formosa Avenue) is a 5,024 square foot, 4 bedroom, 10 bathroom, 0.18 acre property. It was built in 1931 and has an estimate of $2,831,898 with a price per ft² of $564.
- 829 N Formosa Ave, Los Angeles, CA 90046 (833 North Formosa Avenue) is a 5,024 square foot, 4 bedroom, 10 bathroom, 0.18 acre property. It was built in 1931 and has an estimate of $3,469,008 with a price per ft² of $690.
- 837 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 3,050 square foot, 4 bedroom, 6 bathroom, 0.18 acre property. It was built in 1930 and has an estimate of $2,222,515 with a price per ft² of $729.
- 1338 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 1,537 square foot, 3 bedroom, 3 bathroom, 0.44 acre property.
- 1343 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 958 square foot, 2 bedroom, 1 bathroom, 0.06 acre property. It was built in 1922 and has an estimate of $1,282,289 with a price per ft² of $1,339.
- 172 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,104 square foot, 4 bedroom, 4 bathroom, 0.15 acre property. It was built in 1938 and has an estimate of $2,828,538 with a price per ft² of $911.
- 946 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 7,510 square foot and 0.17 acre property.
- 119 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,226 square foot, 3 bedroom, 3 bathroom, 0.18 acre property. It was built in 1956 and has an estimate of $2,401,031 with a price per ft² of $1,079.
- 936 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 15,724 square foot and 0.88 acre property.
- 512 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,210 square foot, 3 bedroom, 2 bathroom, 0.15 acre property. It was built in 1926 and has an estimate of $2,162,694 with a price per ft² of $979.
- 1629 N Formosa Ave, Los Angeles, CA 90046 (1629 North Formosa Avenue) is a 7,250 square foot, 11 bedroom, 9 bathroom, 0.16 acre property. It was built in 1960 and has an estimate of $4,095,545 with a price per ft² of $565.
- 1640 N Formosa Ave, Los Angeles, CA 90046 (Formosa Plaza) is a 19,732 square foot, 28 bedroom, 28 bathroom, 0.53 acre property. It was built in 1957 and has an estimate of $10,766,961 with a price per ft² of $546.
- 821 N Formosa Ave #Apt 104, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,280 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,120,731 with a price per ft² of $930.
- 821 N Formosa Ave #Apt 304, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,390 square foot, 4 bedroom, 3.5 bathroom, 0.35 acre property. It was built in 1992 and has an estimate of $2,042,141 with a price per ft² of $854.
- 1534 N Formosa Ave #Apt 4, Los Angeles, CA 90046 (1534 North Formosa Avenue) is a 1,401 square foot, 2 bedroom, 3 bathroom, 0.16 acre property. It was built in 1981 and has an estimate of $1,108,865 with a price per ft² of $791.
- 950 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 7,510 square foot and 0.17 acre property.
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