Commercial > Multi-family / Apartments
Sold
06/01/2022
Sold Price
$3,325,033$406/ft²
1540 Formosa Ave
Los Angeles, CA 90046
- 13Beds
- 13Baths
- 8,198ft²Living Area
- 7,537ft²Lot Size
- -Pool
- -Car
- 1963Year Built
- -DOM
- 2Permits
1540 Formosa Ave, Los Angeles, CA 90046 is a 13 bed, 13 bath, 8,198 ft² multi-family/apartments property built in 1963 on a 0.173 acre lot with 2 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2022 for $3,325,033.
Permits
1540 Formosa Ave has 2 permit records.
Permit History
2
Permits
August 1, 2017
Description: Replace toiletsStatus: expiredType: plumbingSub Type: ApartmentBusiness Name: NJ Knoff General ContractorEffective Date: 2017-08-01Permit Number: 15042-20000-13305
July 31, 2017
Description: Install gfi's in bathrooms and kitchens (6)Status: expiredType: ElectricalSub Type: ApartmentBusiness Name: NJ Knoff General ContractorEffective Date: 2017-07-31Permit Number: 15041-20000-20973
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$42,047.08From latest Total Assessed Value1.24%Total Assessed Value$3,391,500=Land+
Assessed Value$2,371,500Additions
Assessed Value$1,020,000
In 2023, taxes billed for 1540 Formosa Ave were $42,047.08, which is 1.24% from latest Total Assessed Value of $3,391,500.
Property History
1540 Formosa Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1540 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 1540 Formosa Ave.
Walkability Index
18 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1540 Formosa Ave has a walkability score of 18 out of 20, which means that it is in a most 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 1540 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 1540 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 1540 Formosa Ave
Public Schools
Bancroft Middle School
Grades: 6-8
0.96 mi
C
Gardner Street Elementary
Grades: PK-5
0.32 mi
B
Hollywood High School
Grades: 9-12
0.36 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 1540 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 1540 Formosa Ave over selected time period.
Nearby Properties on Formosa Ave
- 1420 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 4,950 square foot, 8 bedroom, 4 bathroom, 0.18 acre property. It was built in 1923 and has an estimate of $2,212,755 with a price per ft² of $447.
- 211 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,846 square foot, 4 bedroom, 3 bathroom, 0.18 acre property. It was built in 1950 and has an estimate of $2,583,393 with a price per ft² of $908.
- 183 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,229 square foot, 4 bedroom, 4 bathroom, 0.2 acre property. It was built in 1929 and has an estimate of $3,317,724 with a price per ft² of $1,027.
- 219 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,617 square foot, 5 bedroom, 4 bathroom, 0.18 acre property. It was built in 1960 and has an estimate of $2,817,874 with a price per ft² of $779.
- 179 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,886 square foot, 4 bedroom, 4 bathroom, 0.18 acre property. It was built in 1937 and has an estimate of $2,797,469 with a price per ft² of $969.
- 223 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,718 square foot, 4 bedroom, 2 bathroom, 0.18 acre property. It was built in 1941 and has an estimate of $2,204,440 with a price per ft² of $811.
- 821 N Formosa Ave #Apt 203, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,440 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,369,002 with a price per ft² of $971.
- 821 N Formosa Ave #Apt 103, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,430 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,317,654 with a price per ft² of $954.
- 821 N Formosa Ave #Apt 302, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,440 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1992 and has an estimate of $2,382,594 with a price per ft² of $976.
- 821 N Formosa Ave #Apt 201, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,350 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,243,549 with a price per ft² of $955.
- 821 N Formosa Ave #Apt 204, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,390 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,231,894 with a price per ft² of $934.
- 821 N Formosa Ave #Apt 202, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,440 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1992 and has an estimate of $2,382,594 with a price per ft² of $976.
- 821 N Formosa Ave #Apt 101, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,350 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,243,549 with a price per ft² of $955.
- 821 N Formosa Ave #Apt 102, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,440 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,369,002 with a price per ft² of $971.
- 821 N Formosa Ave #Apt 303, Los Angeles, CA 90046 (821 North Formosa Avenue) is a 2,440 square foot, 4 bedroom, 4 bathroom, 0.35 acre property. It was built in 1999 and has an estimate of $2,369,002 with a price per ft² of $971.
- 1442 N Formosa Ave, Los Angeles, CA 90046 (1442 North Formosa Avenue) is a 4,320 square foot, 8 bedroom, 8 bathroom, 0.15 acre property. It was built in 1954 and has an estimate of $2,513,402 with a price per ft² of $582.
- 155 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 5,366 square foot, 6 bedroom, 5 bathroom, 0.18 acre property. It was built in 1952 and has an estimate of $3,958,963 with a price per ft² of $738.
- 149 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,626 square foot, 5 bedroom, 4 bathroom, 0.18 acre property. It was built in 1936 and has an estimate of $3,130,875 with a price per ft² of $863.
- 139 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,230 square foot, 3 bedroom, 3 bathroom, 0.18 acre property. It was built in 1942 and has an estimate of $3,150,221 with a price per ft² of $975.
- 135 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,216 square foot, 4 bedroom, 4 bathroom, 0.18 acre property. It was built in 1932 and has an estimate of $3,477,489 with a price per ft² of $1,081.
- 129 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 5,298 square foot, 6 bedroom, 5 bathroom, 0.18 acre property. It was built in 1967 and has an estimate of $3,351,613 with a price per ft² of $633.
- 115 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,992 square foot, 4 bedroom, 6 bathroom, 0.18 acre property. It was built in 1950 and has an estimate of $3,689,792 with a price per ft² of $924.
- 109 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 4,035 square foot, 5 bedroom, 5.5 bathroom, 0.18 acre property. It was built in 1930 and has an estimate of $3,867,778 with a price per ft² of $959.
- 101 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,144 square foot, 4 bedroom, 4.5 bathroom, 0.2 acre property. It was built in 1933 and has an estimate of $3,435,629 with a price per ft² of $1,093.
- 239 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,518 square foot, 4 bedroom, 4 bathroom, 0.18 acre property. It was built in 1948 and has an estimate of $2,752,481 with a price per ft² of $782.
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