Residential > House
Sold
01/23/2023
Sold Price
$1,399,000$865/ft²
503 Formosa Ave
Los Angeles, CA 90036
- 2Beds
- 1Bath
- 1,617ft²Living Area
- 4,999ft²Lot Size
- -Pool
- -Car
- 1926Year Built
- -DOM
- 8Permits
503 Formosa Ave, Los Angeles, CA 90036 is a 2 bed, 1 bath, 1,617 ft² house built in 1926 on a 0.115 acre lot with 8 construction permits. This house is currently off market, and it was last sold in 2023 for $1,399,000. The latest TopHap estimate of the house's value is $1,473,986.
Property Valuations
Latest estimates for 503 Formosa Ave based on TopHap automated valuation model (AVM).
TopHap Estimate
$1,473,986
$911/ft²
+$75K above Sold Price
Updated 3 months ago
Last Sold Price
$1,399,000
$865/ft²
16 months ago
503 Formosa Ave is valued at $1,473,986 by TopHap AVM 3 months ago.
503 Formosa Ave was last sold in 2023 for $1,399,000.
Permits
503 Formosa Ave has 8 permit records of total value of $43,730.
Permit History
8
Permits
$43,730
Total Permit Value
March 9, 2023
Description: Replace 11 window(s). Same size location number type. Replace drywall/plaster (patch and paint). Non-structural repair only. Re-stucco for residential buildings. Area = 800 sqft. Water damage termite damage dry rot repair less than 10% of replacement cost of residential buildingsJob Value: $9,550Status: issuedType: Bldg-alter/repairSub Type: 1 or 2 family dwellingEffective Date: 2023-03-09Permit Number: 23016-90000-07024
May 11, 2018
Description: Interior bathroom remodel/repair (no changes in walls or openings)Job Value: $9,000Status: finalType: Bldg-alter/repairSub Type: 1 or 2 family dwellingBusiness Name: NEW AGE Construction & RemodelingEffective Date: 2018-05-11Permit Number: 18016-90000-11696
July 1, 2015
Description: Demolish chimney to foundation. Construct wood framed chimney chase. SamJob Value: $19,500Status: finalType: Bldg-alter/repairSub Type: 1 or 2 family dwellingBusiness Name: Basso Alexandre; Chimney GUY INC THE0Effective Date: 2015-07-01Permit Number: 15016-10000-06547
October 22, 2014
Description: Add sill plate anchors bolts and cripple wall plywood per L.A. City StAddition sill plate anchors bolts and cripple wall plywood per L.A. City standard. Plan #1; no foundation replacement (eq hazard reduction per chapter 92)Job Value: $5,680Status: finalType: Bldg-alter/repairSub Type: 1 or 2 family dwellingBusiness Name: MYZ INC0Effective Date: 2014-10-22Permit Number: 14016-90000-20271
April 2, 2013
Status: finalType: PlumbingSub Type: 1 or 2 Family DwellingBusiness Name: Affordable Water Heaters & Plumbing IncEffective Date: 2013-04-02Permit Number: 13042-90000-04976
January 27, 2005
Description: Replace drains for existing fixturesStatus: expiredType: plumbingSub Type: 1 or 2 family dwellingBusiness Name: Number 1 State PlumbingEffective Date: 2005-01-27Permit Number: 03042-10000-27037
August 16, 1999
Description: Upgrade heating and air conditioning systemStatus: finalType: HVACSub Type: 1 or 2 family dwellingBusiness Name: Brody Heating & AIR Conditioning INCEffective Date: 1999-08-16Permit Number: 98044-30000-07627
August 16, 1999
Description: Run two branch circuits for fau + condStatus: finalType: ElectricalSub Type: 1 or 2 family dwellingBusiness Name: Brody Electrical Contractors INCEffective Date: 1999-08-16Permit Number: 98041-30000-19519
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$8,560.93From latest Total Assessed Value1.25%Total Assessed Value$686,522=Land+
Assessed Value$514,899Additions
Assessed Value$171,623
In 2023, taxes billed for 503 Formosa Ave were $8,560.93, which is 1.25% from latest Total Assessed Value of $686,522.
Property History
503 Formosa Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 503 Formosa Ave
Hazard Risks
Earthquake423Carb Mono144Ozone113Air Pollution111Particulates110Lead107Nat'l Avg100Tornado84Weather31Hurricane5Hail0Wind0
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 503 Formosa Ave.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
503 Formosa Ave has a walkability score of 19 out of 20, which means that it is in a most walkable area.
Noise Level
47 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 503 Formosa Ave is around 47dBs, which is comparable to a Quiet Suburban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
46°F
High
67°F
Summer
Average
Low
61°F
High
78°F
In the winter at 503 Formosa Ave, temperatures range from 46.36°F to 66.85°F with an average of 56.61°F. In the summer, the temperature ranges from 60.7°F to 78.22°F with and average of 69.46°F.
School Information
Public/private schools serving 503 Formosa Ave
Public Schools
Fairfax High School
Grades: 9-12
0.79 mi
C
Laurel School
Grades: KG-8
1.08 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 503 Formosa Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Fairfax, Los Angeles, CA 90036.
Seasonal Housing units 90036
8%of housing is for seasonal rent.
Daytime Population for 90036
+18%of people during work hours.
Boundary map of Fairfax.
Crime Index for 90036
149
149
The crime index in 90036 is 149, which is 1.5 times higher than national average.
Market Trends
Historical market data near 503 Formosa Ave over selected time period.
Nearby Properties on Formosa Ave
- 340 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 4,227 square foot, 6 bedroom, 7 bathroom, 0.15 acre property. It was built in 2015 and has an estimate of $3,328,742 with a price per ft² of $1,420.
- 344 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,403 square foot, 3 bedroom, 2 bathroom, 0.15 acre property. It was built in 1934 and has an estimate of $2,470,198 with a price per ft² of $1,028.
- 350 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,396 square foot, 4 bedroom, 2 bathroom, 0.15 acre property. It was built in 1930 and has an estimate of $2,294,364 with a price per ft² of $958.
- 360 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,333 square foot, 3 bedroom, 2 bathroom, 0.15 acre property. It was built in 1937 and has an estimate of $2,176,146 with a price per ft² of $933.
- 364 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,764 square foot, 2 bedroom, 2 bathroom, 0.18 acre property. It was built in 1953 and has an estimate of $2,083,581 with a price per ft² of $754.
- 365 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,163 square foot, 3 bedroom, 2 bathroom, 0.21 acre property. It was built in 1942 and has an estimate of $2,176,506 with a price per ft² of $1,006.
- 357 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 4,538 square foot, 6 bedroom, 6 bathroom, 0.18 acre property. It was built in 1978 and has an estimate of $2,718,025 with a price per ft² of $599.
- 351 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 5,243 square foot, 5 bedroom, 4 bathroom, 0.18 acre property. It was built in 1971 and has an estimate of $3,992,260 with a price per ft² of $761.
- 345 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,872 square foot, 3 bedroom, 2 bathroom, 0.18 acre property. It was built in 1944 and has an estimate of $2,098,009 with a price per ft² of $1,121.
- 343 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,528 square foot, 3 bedroom, 2 bathroom, 0.18 acre property. It was built in 1942 and has an estimate of $2,338,623 with a price per ft² of $925.
- 337 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,307 square foot, 6 bedroom, 5 bathroom, 0.18 acre property. It was built in 1939 and has an estimate of $2,379,076 with a price per ft² of $719.
- 333 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,379 square foot, 3 bedroom, 3 bathroom, 0.18 acre property. It was built in 1951 and has an estimate of $2,357,325 with a price per ft² of $991.
- 315 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,772 square foot, 2 bedroom, 2 bathroom, 0.2 acre property. It was built in 1940 and has an estimate of $1,888,735 with a price per ft² of $1,066.
- 1111 N Formosa Ave, Los Angeles, CA 90046 (Eastside West Hollywood) is a 8,736 square foot, 2 bathroom, 0.16 acre property.
- 1626 1/2 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 1,142 square foot, 2 bedroom, 3 bathroom, 0.2 acre property. It was built in 1985 and has an estimate of $977,462 with a price per ft² of $856.
- 1623 N Formosa Ave, Los Angeles, CA 90046 (1623 North Formosa Avenue) is a 7,368 square foot, 12 bedroom, 12 bathroom, 0.16 acre property. It was built in 1958 and has an estimate of $3,815,073 with a price per ft² of $518.
- 1611 N Formosa Ave, Los Angeles, CA 90046 (Jessica Apartments) is a 89 bedroom, 89 bathroom, 0.57 acre property. It was built in 1987 and has an estimate of $3,445,276.
- 1535 N Formosa Ave, Los Angeles, CA 90046 (Verse Hollywood) is a 99 bedroom, 99 bathroom, 1.34 acre property. It was built in 1989 and has an estimate of $3,009,394.
- 1540 N Formosa Ave, Los Angeles, CA 90046 (1540 North Formosa Avenue) is a 8,198 square foot, 13 bedroom, 13 bathroom, 0.17 acre property. It was built in 1963 and has an estimate of $3,662,212 with a price per ft² of $447.
- 1514 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 3,172 square foot and 0.07 acre property.
- 1534 N Formosa Ave #Apt 6, Los Angeles, CA 90046 (1534 North Formosa Avenue) is a 1,616 square foot, 3 bedroom, 3 bathroom, 0.16 acre property. It was built in 1981 and has an estimate of $1,254,666 with a price per ft² of $776.
- 1522 N Formosa Ave, Los Angeles, CA 90046 (1522 North Formosa Avenue) is a 24,829 square foot, 23 bedroom, 1 bathroom, 0.35 acre property. It was built in 1985 and has an estimate of $13,770,157 with a price per ft² of $555.
- 1439 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 6,104 square foot, 8 bedroom, 8 bathroom, 0.2 acre property. It was built in 1923 and has an estimate of $3,218,122 with a price per ft² of $527.
- 1432 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 5,988 square foot, 2 bedroom, 10 bathroom, 0.15 acre property. It was built in 1923 and has an estimate of $2,956,737 with a price per ft² of $494.
- 1426 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 6,508 square foot, 8 bedroom, 8 bathroom, 0.18 acre property. It was built in 1948 and has an estimate of $3,824,604 with a price per ft² of $588.
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