ActiveSingleFamilyResidence

108 S Formosa Avenue

Los Angeles, CA, 90036

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$2,995,000

MLS: 26660371

Beds

4

Baths

4

Sq Ft

3,256

Lot

0.15 ac

Year Built

1930

MLS #

26660371

Days on Market

34

Listed

Mar 5, 2026

Description

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.

Location

Los Angeles, Los Angeles County, CA 90036

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Listed by: Nancy Ross · Compass

Payment estimate

$21,105

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $299,500 · Loan: $2,695,500

%
Principal & Interest
$16,562
Property tax (1.25%)
$3,120
Homeowners insurance
$300
Mortgage insurance
$1,123
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $104,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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