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203 South Formosa Avenue

203 South Formosa Avenue, Los Angeles, CA 90036
Property in Mid-City West
Sold Nov 03, 2010
$920,000
$417,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2040
Sold Mar 23, 2006
$1,190,000
$952,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2036
Local assessors in Los Angeles, CA have categorized 203 South Formosa Avenue as a residential type of property. The home was built in 1931 and is 93 years old. It was most recently renovated and altered in 1934. The property's lot size has been calculated to be 7,648 square feet. The linear feet between the front and back of the lot was measured at 1,540 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 203 South Formosa Avenue has a total of 1,770 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 13, 2010 for $920,000. That's $519.77 per sqft. Prior to that sales transaction, the property was also sold in Mar 6, 2006 for $1,190,000. 203 South Formosa Avenue was last assessed in 2023. The total value of the property was assessed at $486,600. Specifically, the land the property is located on was valued at $390,000. While improvements on the property were assessed at a total of $96,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,033. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,648
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,770
  • Building Area: 1,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5207
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5207 LOT/SEC 119

Ownership

  • Current Owner : BECK JIM
  • Current Owner 2: BROWNE CLAIRE
  • Previous Owner : MENDELSOHN NEAL
  • Previous Owner 2: BROOK JENNIFER NANCY
  • Owner Before Previous Owner: RUBIN ANGELA ROCHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-B6
  • Subdivision Tract Number: 5207
  • Parcel: 5512-025-020
  • Lot: 119
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0709
  • Longitude: -118.347

    Address

  • Full Address: 203 S Formosa Ave
  • Address - House Number: 203
  • Street Direction: S
  • Address - Street Name: Formosa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 2813
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,033
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,087,868
  • High Value: 2,561,138
  • Low Value: 1,614,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2010
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,600
  • Assessed Land Value: $390,000
  • Assessed Improvements Value: $96,600

    Sales

  • Current Sale Contract Date: Oct 13, 2010
  • Current Sale Recording Date: Nov 03, 2010
  • Current Sale Transaction ID: 1012396151
  • Current Sale Price: $920,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 10-1581947
  • Previous Sale Recording Date: Mar 23, 2006
  • Previous Sale Contract Date: Mar 06, 2006
  • Previous Sale Amount: $1,190,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 03, 2010
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 23, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $952,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Central LA



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Frequently Asked Questions

What neighborhood is 203 South Formosa Avenue located in?
The 203 South Formosa Avenue is a located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 203 South Formosa Avenue?
The average sales price for units in 203 South Formosa Avenue is $0 currently.

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