108 S Formosa Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 4 bed, 4 bath

108 S Formosa Avenue
Los Angeles, California 90036
Property Price
SUMMARY
Analysis of 108 S Formosa Avenue, Los Angeles, California 90036 reveals a Fairly Priced Property with a current list price of $3,355,000 aligned with the estimated $3,307,753 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 S Formosa Avenue Subject | $3,355,000* List Price | 4 | 4 | 3,256 | $1,016 | - |
A 342 N Citrus Avenue Sold | $3,345,000 | 6 | 5 | 3,165 | $1,057 | 0.5 mi |
B 358 S Sycamore Avenue Sold | $2,480,000 | 4 | 3 | 2,503 | $991 | 0.5 mi |
C 542 N Curson Avenue Sold | $2,589,000 | 4 | 5 | 2,431 | $1,065 | 0.8 mi |
D 613 N Gardner Street Sold | $3,135,000 | 4 | 5 | 3,127 | $1,003 | 0.8 mi |
E 157 S Fuller Avenue Sold | $3,085,000 | 6 | 5 | 3,149 | $980 | 0.3 mi |
F 323 S Orange Drive Active | $2,850,000 List Price | 4 | 5 | 3,267 | $872 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1930, this property has undergone an extensive high-end renovation that integrates modern luxury with historic character. The home features a newly updated kosher kitchen with top-of-the-line appliances and a large island, renovated bathrooms including a primary suite with double sinks, and a fully functional modern ADU. With premium finishes like hardwood floors, a Viking outdoor kitchenette, and a sparkling pool and spa, the property meets the highest quality standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Charm & Modern Luxury
This 1930 Spanish Colonial masterfully preserves original architectural details like beamed ceilings and a spiral staircase while integrating high-end modern amenities, including a chef's kosher kitchen with top-tier appliances.
- Versatile ADU
The inclusion of a detached 1-bedroom, 1-bathroom ADU with its own kitchen and sitting area provides exceptional value for multi-generational living, a private home office, or potential rental income.
- Premier Outdoor Living
The backyard serves as a private oasis featuring a sparkling pool, spa, and a professional-grade outdoor kitchenette with a Viking BBQ, perfectly designed for high-end entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Compact Lot Utilization
With a lot size of 6,602 square feet, the footprint of the main house, ADU, and pool leaves limited traditional green space or yard area for pets or children's play.
- School District Inconsistency
While the property benefits from proximity to the high-rated Third Street Elementary, some other assigned schools in the immediate area carry significantly lower ratings, which may concern education-focused buyers.
About 108 S Formosa Avenue
Spanish Colonial charm meets thoughtful modern updates in this beautifully remodeled 1930 residence. Rich in character, the home showcases preserved original details including original beams, elegant windows, French doors, a striking spiral staircase adorned with wrought-iron railing, and gracious landing. The main residence features a classic and functional floor plan with 3 bedrooms, 2.5 bathrooms, plus den, an office/nursery, small reading room, and ADU. The expansive living room with beamed ceilings, stately fireplace, hardwood floors, and natural light flowing in from the abundance of window flows seamlessly into the beautifully enlarged formal dining room, highlighted by rich wood detailing, providing an ideal setting for gatherings. The large and updated kosher kitchen offers modern convenience while maintaining the home's timeless appeal appointed with top of the line appliances, dining area, large functional island with breakfast bar and direct access to the outdoor dining. Adjacent to the kitchen, enjoy the comfortable den with French doors to the backyard. Upstairs features the spacious primary suite - a true retreat, with French doors to capture west facing natural light and fresh air, 2 walk-in closets, private deck, and en-suite bathroom with double sinks. 2 additional generous bedrooms with Jack & Jill bathroom, an office/bonus room with balcony, and small reading room complete the upstairs. The backyard features a private shaded entertaining area for dining with built-in Viking BBQ and kitchenette, sparkling pool and spa - perfect for entertaining or quiet relaxation. Adding exceptional versatility and value, the ADU offers additional opportunities for the new owners needs with 1 bedroom, 1 Bathroom, sitting area, and kitchen. This prime location is a rare find, blending historic character with modern comfort.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 6,602 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Third Street Elementary School
Grades K-5 • 0.7 mi
Hancock Park Elementary School
Grades K-5 • 0.9 mi
Vine Street Elementary School
Grades K-6 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 3,256 | 2,503 | 67% |
| Lot Size | 6,602 | 6,691 | 49% |
| Price | $3.35M | $2.35M | 84% |
| Price per sq ft | $1.0K | $955 | 77% |
| Built year | 1930 | 1926 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 184 | 2% |
Pricing History
Listed for Sale
Mar 5, 2026
$3,355,000
Initial Listing



















