NOT LISTED FOR SALE

1534 N Formosa Ave Unit 2 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $789,000 - $1,060,000

2 Beds
2.5 Baths
1,401 Sq Ft
$642/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $725,000 $517 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,594/month

Highlights

  • Panoramic View
  • Cape Cod Architecture
  • Wood Flooring
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Granite Countertops

About This Home

As of September 2016

Stunning tri-level townhome in a quaint 6 unit building that offers abundant natural light, two spacious bedroom suites (master with soaring vaulted ceilings, fireplace and walk-in closet), stackable in-unit laundry, a huge PRIVATE ROOF DECK with views and a remodeled kitchen with granite countertops and custom cabinetry. Other features include new dual pane windows (2015), new carpet and paint (2016), two separate patios, two parking spaces (side-by-side), additional private 4x8 storage room in garage, and new energy efficient central A/C (2015). Irreplaceable location (only ONE block from Sunset!) and in close proximity to the Metro red line, Hollywood & Highland, Runyon Canyon, the Hollywood Bowl and all the Hollywood and WeHo nightlife. Low HOA that includes EQ insurance. Truly a hidden gem in the heart of Hollywood!

Last Agent to Sell the Property

Thomas Atamian

Coldwell Banker Realty License #01739307 Listed on: 08/13/2016

Coldwell Banker Realty

Last Buyer's Agent

John Huang

Jaune Group License #01923540

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,071

Year Built

  • Built in 1981

Lot Details

  • 7,154

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • Peek-A-Boo
  • Mountain

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,401 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • 7,154 Sq Ft Lot
  • Central Heating

Community Details

  • 6 Units
  • Formosa Townhomes Association

Listing and Financial Details

  • Assessor Parcel Number 5548011042

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,071

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Cape Cod
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5548011042
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1401.00
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 517.49
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Mountain(s), Panoramic, Peek-A-Boo

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Oven, Microwave, Range
  • Heating Type: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Formosa Townhomes
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7154.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7154.0000 Square Feet
  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2016
Closed on
Sep 14, 2016
Sold by
Holtz Gerrad A
Bought by
Pack Richard L and Pack Joan L
Seller's Agent
Thomas Atamian
Coldwell Banker Realty
Buyer's Agent
John Huang
Jaune Group
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$899,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,442
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Mcsherry Patrick T
Bought by
Holtz Gerrad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.71%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Mcsherry Carrie L
Bought by
Mcsherry Patrick T and Mcsherry Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.95%

Purchase Details

Closed on
Jul 7, 1999
Sold by
Mcsherry Patrick T
Bought by
Mcsherry Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.95%

Purchase Details

Closed on
Jun 22, 1999
Sold by
Arana Margaret C
Bought by
Mcsherry Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.95%
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
Pack Richard L $725,000 Orange Coast Title Co Socal
Holtz Gerrad A $320,000 Chicago Title Co
Mcsherry Patrick T -- Old Republic Title
Mcsherry Carrie L -- Chicago Title Co
Mcsherry Carrie L $190,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holtz Gerrad A $256,000
Previous Owner Mcsherry Carrie L $152,000
Closed Holtz Gerrad A $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $725,000 0.0% $517 / Sq Ft
09/10/2016 09/10/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $725,000 -- $517 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,071 $841,417 $599,554 $241,863
2024 $10,071 $824,920 $587,799 $237,121
2023 $9,878 $808,746 $576,274 $232,472
2022 $9,418 $792,889 $564,975 $227,914
2021 $9,299 $777,344 $553,898 $223,446
2019 $9,019 $754,289 $537,470 $216,819
2018 $8,983 $739,500 $526,932 $212,568
2016 $4,700 $391,498 $240,284 $151,214
2015 $4,630 $385,618 $236,675 $148,943
2014 $4,650 $378,065 $232,039 $146,026
Source: Public Records

Agents Affiliated with this Home

  • Thomas Atamian

    Seller's Agent in 2016

    Thomas Atamian

    Coldwell Banker Realty

    (818) 235-6325

    90 Total Sales

    Thomas Atamian
    Section Image
  • John Huang

    Buyer's Agent in 2016

    John Huang

    Jaune Group

    (323) 230-3484

    15 Total Sales

    John Huang
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316007668

Pasadena-Foothills Association of REALTORS®

APN: 5548-011-042

California Los Angeles County Los Angeles 90046 Hollywood

1534 N Formosa Ave Unit 2, Los Angeles, CA

This home is located at 1534 N Formosa Ave Unit 2, Los Angeles, CA 90046 since 13 August 2016 and is currently estimated at $899,442, approximately $642 per square foot. This property was built in 1981. 1534 N Formosa Ave Unit 2 is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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