
Los Angeles, California 90036
This Reimagined Traditional Masterpiece is listed at $2,600,000, reflecting its $2,561,945 Fair Market Value and the premium quality of its total restoration. Boasting a Pristine Condition Rating that meets new-construction standards, the residence features a gourmet kitchen with custom white oak cabinetry and a versatile detached ADU with separate utility meters. Located in the historic Miracle Mile North neighborhood, the home is served by Top-Rated Schools including Third Street Elementary. This turnkey property, complete with a wrap-around deck, is the perfect fit for Owner-Occupants or Luxury-Seeking Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 158 S Formosa Avenue Subject | $2,600,000* List Price | 4 | 4 | 2,660 | $963 | - |
A 243 S Formosa Avenue Sold | $2,200,000 | 4 | 3 | 2,461 | $894 | 0.2 mi |
B 358 S Sycamore Avenue Sold | $2,480,000 | 4 | 3 | 2,503 | $991 | 0.4 mi |
C 542 N Curson Avenue Sold | $2,589,000 | 4 | 5 | 2,431 | $1,065 | 0.8 mi |
D 543 N Gardner Street Sold | $2,100,000 | 4 | 3 | 2,100 | $1,000 | 0.8 mi |
E 638 N Sierra Bonita Avenue Sold | $2,265,000 | 5 | 5 | 2,704 | $838 | 0.9 mi |
F 348 S Orange Drive Active | $2,695,000 List Price | 4 | 5 | 2,934 | $919 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1937 home has undergone a comprehensive, high-end restoration that effectively brings it to new-construction standards. The renovation includes all major systems—foundation, roof, plumbing, electrical, and HVAC—alongside premium interior finishes. The gourmet kitchen features custom white oak cabinetry, quartz countertops, and top-of-the-line appliances, while the bathrooms are fully modernized with standalone tubs, walk-in glass showers, and designer hardware. With French oak flooring throughout and a newly built ADU, the property shows no deferred maintenance and meets the highest quality standards.
The property has undergone an extensive restoration including a new foundation, roof, plumbing, electrical, and HVAC systems, providing the peace of mind of new construction within a charming 1937 traditional frame.
The inclusion of a detached ADU with its own address, separate gas and electric meters, and a kitchenette offers significant value for multi-generational living, a private home office, or potential rental income.
Nestled in the highly desirable Miracle Mile North Historic Preservation neighborhood, the home benefits from a tranquil tree-lined setting that is centrally located to high-rated schools, luxury shopping, and cultural landmarks.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2660, other record living area = 2297. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the property features a new wrap-around deck, the footprint of the main house and ADU on a 6,602 sqft lot leaves minimal traditional yard space for buyers prioritizing a large lawn or a pool.
Being located in an HPOZ (Historic Preservation Overlay Zone) means any future exterior modifications are subject to strict architectural guidelines and city approvals, which may limit a buyer's customization options.
Welcome to 158 S Formosa Avenue, a rare reimagined traditional home nestled within a tranquil tree-lined street in the highly desirable Miracle Mile North Historic Preservation neighborhood. A Beautiful exterior color palette and succulent landscaping greet you upon arrival. Step inside and be captivated by the warm attention to detail, restoration, and creation of era style elements. The thoughtfully designed open-concept floor plan features a large gourmet kitchen perfect for culinary enthusiasts, complete with top-of-the-line custom matching appliances, quartz counters, white oak cabinetry, large Apron sinks, floating shelves and designer light fixtures. All overlooking the tranquil dining area. Your beautiful re-inspired living room features a stand out quartz fire place, custom crown molding, a historic timeless front bow window with leaded glass and French oak floors throughout. Parallel to the living room is your first bedroom, this could be converted very simply by the contractor into a den or your own private dining area if preferred. The large primary bedroom & bathroom features a double reeded vanity, standalone tub, walk in glass shower, large format designer tile, walk in closet, separate smaller closet and French doors leading out to a large wrap around deck. The other 3 bedrooms have ample space, closets and one of the bedrooms has french doors also leading out to the deck. The other two bathrooms have a mixture of marble vanities. Delta shower finishes, herringbone porcelain floors and brass hardware. The ADU has its own kitchenette, bathroom with walk in shower and hardwood floors, perfect for a at home office, studio or in-law suite. The ADU also features it's own address, gas & electric meter and tankless water heater. The grounds feature an enclosed new wood & iron gate, drip system, lush olive trees, a new large wooden deck perfect for hosting outdoor gatherings for al-fresco dining and entertaining. All new wooden privacy fencing, mature plants & trees, gravel and concrete. Upgrades include foundation, roof, furnace, plumbing, electrical, tankless water heaters, sewer, chimney, stucco, windows, doors, flooring, kitchen, bathrooms, bedrooms, living areas, landscaping and hardware. Highly sought after location, centrally located to schools, shopping and places of worship.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,660 | 2,410.5 | 64% |
| Lot Size | 6,602 | 6,808.5 | 41% |
| Price | $2.60M | $2.19M | 68% |
| Price per sq ft | $977 | $939 | 59% |
| Built year | 1937 | 1926 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 191 | 5% |
Mar 25, 2026
$2,600,000
Initial Listing
Apr 16, 2024
$1,685,000
Public Record