NOT LISTED FOR SALE

109 S Formosa Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $3,219,000 - $4,415,000

5 Beds
5.5 Baths
4,035 Sq Ft
$882/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $2,830,000 $701 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $21,759/month

1 Day on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • City Lights View
  • Third Street Elementary School Rated A
  • Heated In Ground Pool
  • Maid or Guest Quarters

About This Home

As of October 2020

OFFER ACCEPTED BEFORE GOING IN MLS. Meticulously & recently updated Spanish on prime coveted block. 5 BD 5 BA over 4000 sq ft of living space fall in love from the minute you enter! Center-hall w/ marble entry & dramatic wrought-iron spiral staircase, carved extra-wide doorways lead to stately rooms w/ beamed ceilings & wall to wall built-ins. Completely remodeled gourmet chefs kosher kitchen w/ Terra-cotta floors & large center island, french doors leading to backyard. Huge pantry, den w/ built-in bar, & maids room/office w/ full BA. Upstairs features 4 spacious BD w/ tons of windows, 3 all-remodeled BA. Impeccable master BD w/ en suite sitting area & luxurious BA featuring his/her sinks, large tub, & spacious glass shower. Outdoors w/ new hardscape landscaping, large pool, & newly remodeled guesthouse w/ french doors & full kitchen. A rare find in the best location, seconds away from The Grove and Pan Pacific Park.

Last Agent to Sell the Property

Basya Gradon

Compass License #01893478 Listed on: 09/16/2020

Compass

Last Buyer's Agent

Yossi Mayberg

The RFC Group License #01227745

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,539

Year Built

  • Built in 1930

Lot Details

  • 7,697 Sq Ft Lot
  • Lot Dimensions are 50x154
  • Property is zoned LAR1

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,035 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Entryway
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • City Lights Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room
  • Maid or Guest Quarters
  • Spa Bath

Laundry

  • Laundry closet
  • Dryer

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5512-024-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,539

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4035
  • Lot Acreage: 0.1767
  • Lot Dimensions: 50x154
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Marble, Tile, Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: In Closet
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 712.52

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5512-024-033
  • Lot Size Area: 7697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Sep 19, 2020
Sold by
Trojanowski Albert Ilan and Trojanowski Joyce Judith
Bought by
109 Formosa Llc
Seller's Agent
Basya Gradon
Compass
Buyer's Agent
Yossi Mayberg
The RFC Group
List Price
$2,875,000
Sold Price
$2,830,000
Premium/Discount to List
-$45,000
-1.57%
Current Estimated Value
$3,557,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,667
Avg. Annual Appreciation
4.59%

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 21, 2012
Sold by
Gross Miriam
Bought by
Trojanowski Albert Ilan and Trojanowski Joyce Judith
Seller's Agent
Yossi Mayberg
The RFC Group
Buyer's Agent
Benjamin Shapiro
Nourmand & Associates-BH
List Price
$1,695,000
Sold Price
$1,710,000
Premium/Discount to List
$15,000
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$1,368,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2002
Sold by
Gross Nathan
Bought by
Gross Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.1%

Purchase Details

Closed on
May 23, 1994
Sold by
Nissanoff Pinchas H and Nissanoff Erika
Bought by
Gross Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
8.35%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
109 Formosa Llc $2,830,000 Chicago Title Company
Trojanowski Albert Ilan $1,710,000 Lawyers Title La
Gross Miriam -- North American Title Co
Gross Nathan $455,000 Equity Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trojanowski Albert Ilan $1,368,000
Previous Owner Gross Miriam $425,000
Previous Owner Gross Nathan $318,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $2,830,000 -1.6% $701 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $2,875,000 +68.1% $713 / Sq Ft
12/31/2012 12/31/12 Sold $1,710,000 +0.9% $503 / Sq Ft View Prior Sale
10/24/2012 10/24/12 For Sale $1,695,000 -- $499 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,539 $3,063,280 $2,128,493 $934,787
2024 $36,539 $3,003,216 $2,086,758 $916,458
2023 $35,828 $2,944,331 $2,045,842 $898,489
2022 $34,155 $2,886,600 $2,005,728 $880,872
2021 $33,741 $2,830,000 $1,966,400 $863,600
2020 $23,502 $1,925,426 $1,185,995 $739,431
2019 $22,563 $1,887,674 $1,162,741 $724,933
2018 $22,392 $1,850,662 $1,139,943 $710,719
2016 $21,408 $1,778,801 $1,095,679 $683,122
2015 $21,092 $1,752,082 $1,079,221 $672,861
2014 $21,154 $1,717,762 $1,058,081 $659,681
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Basya Gradon

    Compass

    (323) 447-7331

    11 in this area

    42 Total Sales

    Basya Gradon
    Section Image
  • Yossi Mayberg

    Buyer's Agent in 2020

    Yossi Mayberg

    The RFC Group

    (310) 489-2395

    1 in this area

    15 Total Sales

    Yossi Mayberg
    Section Image
  • Benjamin Shapiro

    Buyer's Agent in 2012

    Benjamin Shapiro

    Nourmand & Associates-BH

    (323) 842-0169

    17 Total Sales

    Benjamin Shapiro
    Section Image
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Map

Source: The MLS

MLS Number: 20-632278

The MLS

APN: 5512-024-033

California Los Angeles County Los Angeles 90036 Melrose

109 S Formosa Ave, Los Angeles, CA

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