1628 N Formosa Avenue A, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 3 bath
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1628 N Formosa Avenue A
Los Angeles, California 90046
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,110Sq Ft
8,689Lot Size
Property Price
LIST PRICE$739,900
EST. MARKET VALUE
$694,884
6% AboveMARKET VALUE
SUMMARY
This 3-Bedroom Townhouse represents a High-Potential Investment Opportunity, listed at a List Price of $739,900—positioned well above the $694,885 Fair Market Value. While the property requires cosmetic updates to its Fair Condition Rating, it offers a rare single-family feel with a Private Double Car Garage and Three Balconies. The layout provides significant privacy in a 5-unit complex. This asset is best suited for Value-Add Investors or Owner-Occupants seeking to build equity through strategic interior modernization in a prime Los Angeles location.
Estimated Market Value
$694,884
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1628 N Formosa Avenue A Subject | $739,900* List Price | 3 | 3 | 1,110 | $626 | - |
A 7320 Hawthorn Avenue 207 Sold | $560,000 | 2 | 2 | 1,060 | $528 | 0.2 mi |
B 1420 N Stanley Avenue 103 Sold | $605,000 | 2 | 2 | 938 | $645 | 0.6 mi |
C 7320 Hawthorn Avenue 401 Sold | $675,000 | 2 | 2 | 1,100 | $614 | 0.2 mi |
D 7320 Hawthorn Avenue 106 Active Under Contract | $629,900 List Price | 2 | 2 | 1,140 | $553 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1985 (39 years old), placing it in the older age bracket. While the kitchen has received a mid-life renovation (approx. 10-15 years ago) with stainless steel appliances and updated tile, the cabinetry shows visible wear/delamination. The exterior and garage door appear original and dated, suggesting the home is functional but needs minor cosmetic repairs and updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Family Home Feel
As an almost completely detached unit with windows on all four sides and a private garden, this townhouse offers the privacy and natural light typically reserved for single-family residences within a small 5-unit complex.
- Private Direct-Access Garage
The inclusion of a private two-car garage with direct interior access is a premium convenience in the Hollywood area, providing both security and significant additional storage space.
- Exceptional Outdoor Living
Rare for a property of this size, the home features three separate balconies and a private garden, offering multiple outdoor retreats that enhance the overall living experience.
CONSRISKS & DEFICIENCIES
- Compact Interior Footprint
At 1,110 square feet for a three-bedroom layout, the individual room sizes may feel constrained, potentially limiting furniture configurations and overall spaciousness.
- Dated Architectural Era
Built in 1985 and lacking mention of recent modern renovations, the property may require additional capital investment to update cosmetic finishes and systems to meet current market trends.
About 1628 N Formosa Avenue A
ATTENTION; TOWNHOUSE WITH PRIVATE DOUBLE CAR GARAGE. Beautiful 3-bedroom, 2.5-bath gated TOWNHOUSE with a private 2-car garage and in-unit laundry. Features include a fireplace, alarm system, security shutters, private garden, and three balconies. Located in a rare 5-unit townhouse building, this home offers the feel of single-family living with windows on all four sides and an almost completely detached layout. The private double garage provides direct interior access.Ideally situated on a quiet residential street within close proximity to shops, dining, and everyday conveniences. HOA covers water, trash, INSURANCE, and common area maintenance. Arguably the best-positioned unit in the complex. Call for additional details.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 8,689 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,110 | 1,219.385 |
| Lot Size | 8,689 | 27,236.074 |
| Price | $739.9K | $800.2K |
| Price per sq ft | $667 | $650 |
| Built year | 1985 | 1979 |
| HOA | $350.0 | $685 |
| Days on market | 24 | 72 |
Pricing History
Listed for Sale
Aug 16, 2026
$739,900
Initial Listing