Residential > Multi-family
Sold
01/21/2005
Sold Price
$900,000$427/ft²
721 Formosa Ave
Los Angeles, CA 90046
- 4Beds
- 4Baths
- 2,106ft²Living Area
- 6,159ft²Lot Size
- -Pool
- -Car
- 1924Year Built
- -DOM
- 7Permits
721 Formosa Ave, Los Angeles, CA 90046 is a 4 bed, 4 bath, 2,106 ft² multi-family home house built in 1924 on a 0.141 acre lot with 7 construction permits. This multi-family home is currently off market, and it was last sold in 2005 for $900,000. The latest TopHap estimate of the multi-family home's value is $1,538,000.
Property Valuations
Latest estimates for 721 Formosa Ave based on TopHap automated valuation model (AVM).
TopHap Estimate
$1,538,000
$730/ft²
+$638K above Sold Price
Updated 3 months ago
Last Sold Price
$900,000
$427/ft²
19 years ago
721 Formosa Ave is valued at $1,538,000 by TopHap AVM 3 months ago.
721 Formosa Ave was last sold in 2005 for $900,000.
Permits
721 Formosa Ave has 7 permit records.
Permit History
7
Permits
May 1, 2019
Status: finalType: plumbingSub Type: 1 or 2 family dwellingEffective Date: 2019-05-01Permit Number: 19042-90000-05446
August 26, 2016
Status: finalType: ElectricalSub Type: 1 or 2 family dwellingBusiness Name: Daylight ElectricEffective Date: 2016-08-26Permit Number: 16041-90000-30008
October 17, 2008
Description: Replace (1) fixture/piping. Replace water heater. (pay investigation fee) comply with department order effective date 10/29/2007. Permit will expire 30 days from issuance dateStatus: completeType: plumbingSub Type: 1 or 2 family dwellingBusiness Name: Ariel's Plumbing INCEffective Date: 2008-10-17Permit Number: 08042-70000-08715
April 14, 2008
Description: New carport 206 S.FStatus: issuedType: Bldg-additionSub Type: 1 or 2 family dwellingEffective Date: 2008-04-14Permit Number: 08014-10000-01543
February 7, 2008
Description: Existing garage convert to dwelling unit 250 sq ft. Addition 5'-3 x 10'-0 to include 3/4 bathroomStatus: issuedType: Bldg-additionSub Type: 1 or 2 family dwellingEffective Date: 2008-02-07Permit Number: 07014-10000-08246
April 11, 2006
Description: Tear off existing roofing. Reroof with class a fiberglass or asphalt shingles(max 2 overlays total) 5sqrsStatus: expiredType: Bldg-alter/repairSub Type: 1 or 2 family dwellingBusiness Name: Estrada JC Roofing INCEffective Date: 2006-04-11Permit Number: 01016-30000-03418
September 17, 2001
Description: Install 1 E.Q. Shut-off valve 1 water softner 1 recirculating pump and relocate and install water heaterStatus: finalType: plumbingSub Type: ApartmentBusiness Name: Ultimate Plumbing INCEffective Date: 2001-09-17Permit Number: 01042-20000-12791
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$14,725.50From latest Total Assessed Value1.22%Total Assessed Value$1,205,794=Land+
Assessed Value$964,640Additions
Assessed Value$241,154
In 2023, taxes billed for 721 Formosa Ave were $14,725.5, which is 1.22% from latest Total Assessed Value of $1,205,794.
Property History
721 Formosa Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 721 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 721 Formosa Ave.
Walkability Index
19 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
721 Formosa Ave has a walkability score of 19 out of 20, which means that it is in a most walkable area.
Noise Level
39 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 721 Formosa Ave is around 39dBs, 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 721 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 721 Formosa Ave
Public Schools
Fairfax High School
Grades: 9-12
0.77 mi
C
Laurel School
Grades: KG-8
0.98 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 721 Formosa Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Fairfax, 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 Fairfax.
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 721 Formosa Ave over selected time period.
Nearby Properties on Formosa Ave
- 145 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,304 square foot, 4 bedroom, 4 bathroom, 0.18 acre property. It was built in 1973 and has an estimate of $3,097,590 with a price per ft² of $938.
- 517 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,262 square foot, 5 bedroom, 3 bathroom, 0.14 acre property. It was built in 1992 and has an estimate of $2,276,787 with a price per ft² of $698.
- 525 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,604 square foot, 3 bedroom, 2 bathroom, 0.14 acre property. It was built in 1929 and has an estimate of $1,818,789 with a price per ft² of $1,134.
- 104 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,806 square foot, 2 bedroom, 1 bathroom, 0.17 acre property. It was built in 1948 and has an estimate of $1,889,718 with a price per ft² of $1,046.
- 143 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,643 square foot, 3 bedroom, 3 bathroom, 0.18 acre property. It was built in 1956 and has an estimate of $2,538,112 with a price per ft² of $960.
- 439 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 6,170 square foot, 5 bedroom, 7 bathroom, 0.18 acre property. It was built in 2003 and has an estimate of $4,402,781 with a price per ft² of $714.
- 1534 N Formosa Ave #Apt 2, 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 $1,240,998 with a price per ft² of $886.
- 1534 N Formosa Ave #Apt 3, Los Angeles, CA 90046 (1534 North Formosa Avenue) is a 1,401 square foot, 2 bedroom, 2.5 bathroom, 0.16 acre property. It was built in 1981 and has an estimate of $1,083,980 with a price per ft² of $774.
- 123 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,357 square foot, 3 bedroom, 3 bathroom, 0.18 acre property. It was built in 1928 and has an estimate of $2,638,522 with a price per ft² of $1,119.
- 711 N Formosa Ave, Los Angeles, CA 90046 (Melrose) is a 2,367 square foot, 3 bedroom, 2 bathroom, 0.13 acre property. It was built in 1923 and has an estimate of $1,979,214 with a price per ft² of $836.
- 1632 N Formosa Ave, Los Angeles, CA 90046 (The Chelsea) is a 20,260 square foot, 18 bedroom, 35 bathroom, 0.25 acre property. It was built in 1987 and has an estimate of $10,231,554 with a price per ft² of $505.
- 425 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 7,331 square foot, 8 bedroom, 9 bathroom, 0.18 acre property. It was built in 2003 and has an estimate of $4,406,687 with a price per ft² of $601.
- 464 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,124 square foot, 2 bedroom, 2 bathroom, 0.11 acre property. It was built in 1925 and has an estimate of $1,778,859 with a price per ft² of $1,583.
- 361 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,422 square foot, 4 bedroom, 2 bathroom, 0.18 acre property. It was built in 1927 and has an estimate of $2,507,526 with a price per ft² of $1,035.
- 411 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,636 square foot, 3 bedroom, 2 bathroom, 0.18 acre property. It was built in 1927 and has an estimate of $2,048,592 with a price per ft² of $1,252.
- 233 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,127 square foot, 4 bedroom, 3 bathroom, 0.18 acre property. It was built in 1948 and has an estimate of $2,214,488 with a price per ft² of $1,041.
- 137 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,351 square foot, 2 bedroom, 3 bathroom, 0.18 acre property. It was built in 1939 and has an estimate of $2,328,274 with a price per ft² of $990.
- 1400 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 7,228 square foot, 10 bedroom, 5 bathroom, 0.18 acre property. It was built in 1925 and has an estimate of $4,423,838 with a price per ft² of $612.
- 1406 N Formosa Ave, Los Angeles, CA 90046 (Hollywood And Highland) is a 3,882 square foot, 4 bedroom, 4 bathroom, 0.18 acre property. It was built in 1922 and has an estimate of $3,059,181 with a price per ft² of $788.
- 330 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 4,000 square foot, 4 bedroom, 4.5 bathroom, 0.15 acre property. It was built in 1940 and has an estimate of $2,947,328 with a price per ft² of $737.
- 144 S Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,011 square foot, 4 bedroom, 3 bathroom, 0.15 acre property. It was built in 1936 and has an estimate of $2,871,659 with a price per ft² of $954.
- 336 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,257 square foot, 2 bedroom, 2 bathroom, 0.15 acre property. It was built in 1940 and has an estimate of $2,423,240 with a price per ft² of $1,074.
- 448 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 1,649 square foot, 4 bedroom, 3 bathroom, 0.15 acre property. It was built in 1927 and has an estimate of $1,837,192 with a price per ft² of $1,114.
- 108 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 2,674 square foot, 3 bedroom, 4 bathroom, 0.15 acre property. It was built in 1960 and has an estimate of $2,914,561 with a price per ft² of $1,090.
- 455 N Formosa Ave, Los Angeles, CA 90036 (Fairfax) is a 3,766 square foot, 6 bedroom, 4 bathroom, 0.18 acre property. It was built in 1990 and has an estimate of $2,573,441 with a price per ft² of $683.
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