108 S Formosa Avenue
Los Angeles, CA, 90036
$2,995,000
Original list price: $3,355,000
MLS: 26660371
Beds
4
Baths
4
Sq Ft
3,256
Lot
0.15 ac
Year Built
1930
MLS #
26660371
Days on Market
47
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
Open on Google Maps ↗Listed by: Nancy Ross · Compass
Payment estimate
$21,616
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $299,500 · Loan: $2,695,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $17,073
- Property tax (1.25%)
- $3,120
- Homeowners insurance
- $300
- Mortgage insurance
- $1,123
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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