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

158 S Formosa Avenue, Los Angeles, California 90036 home-pic-0
ACTIVE$2,450,000
158 S Formosa Avenue, Los Angeles, California 90036
4Beds
4Baths
2,660Sqft
6,602Lot
Year Built
1937
Close
-
List price
$2.45M
Original List price
$2.6M
Price/Sqft
$921
HOA
-
Days on market
-
Sold On
-
MLS number
SR25164527
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $2.45M(62th), sqft - 2660(57th), beds - 4(50th), baths - 4(55th).

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. *Seller open to buying down buyers interest rate*

Nearby schools

8/10
Third Street Elementary School
Public,K-50.6mi
7/10
Hancock Park Elementary School
Public,K-50.9mi
2/10
Vine Street Elementary School
Public,K-61.6mi
7/10
John Burroughs Middle School
Public,6-80.8mi
3/10
Laurel Elementary School
Public,K-81.5mi
7/10
Fairfax Senior High School
Public,9-121.2mi

Price History

Date
Event
Price
10/09/25
Price Change
$2,450,000-1.8%
08/26/25
Price Change
$2,495,000-2.0%
08/06/25
$2,545,000-1.9%
07/23/25
$2,595,000
04/16/24
Sold
$1,685,000
Condition Rating
Excellent

Despite being built in 1937, this property has undergone an extensive, high-quality, and recent 'reimagining' as described. The listing explicitly states upgrades to the foundation, roof, furnace, plumbing, electrical, tankless water heaters, sewer, chimney, stucco, windows, doors, flooring, kitchen, bathrooms, bedrooms, living areas, landscaping, and hardware. The images confirm a fully renovated interior with a gourmet kitchen featuring top-of-the-line custom appliances, quartz counters, white oak cabinetry, and designer light fixtures. Bathrooms are equally impressive with double reeded vanities, standalone tubs, walk-in glass showers, and designer tiles/hardware. The ADU is also fully updated. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Renovation & Modern Upgrades: The property has undergone a comprehensive 'reimagined' renovation, including foundation, roof, plumbing, electrical, windows, and all major living areas, ensuring a move-in ready condition with modern amenities while preserving era-style elements.
Income-Generating/Flexible ADU: A fully equipped Accessory Dwelling Unit (ADU) with its own kitchenette, bathroom, separate address, gas/electric meters, and tankless water heater offers significant potential for rental income, guest accommodation, or a dedicated home office.
Desirable Historic Location: Nestled on a tranquil tree-lined street within the highly sought-after Miracle Mile North Historic Preservation neighborhood, offering central proximity to schools, shopping, and places of worship.
Gourmet Kitchen & Luxurious Primary Suite: Features a large gourmet kitchen with top-of-the-line custom appliances, quartz counters, and white oak cabinetry. The primary suite boasts a double reeded vanity, standalone tub, walk-in glass shower, and direct access to a large wrap-around deck.
Seller Incentive: The seller is open to buying down the buyer's interest rate, providing a valuable financial incentive that can significantly reduce monthly mortgage payments for prospective buyers.

Cons

Lack of Central Air Conditioning: The property description mentions a 'furnace' but does not specify a cooling system, which could be a significant drawback and potential additional investment for comfort during Los Angeles' warmer months.
Multiple Price Reductions & Valuation Discrepancy: The property has seen several price reductions from its original list price, and the current list price is 5% above the estimated valuation, suggesting potential market resistance or overpricing.
Limited View: While 'has_view' is true, the view is specified as 'Neighborhood,' which may not offer the premium city, ocean, or panoramic vistas often sought after in high-value Los Angeles properties.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state