See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1227 N Formosa Ave Unit 1, Los Angeles, CA, 90046

2beds
3baths
2,330sqft
$2,795,000
$1,200price/sqft
$16,675/moest. monthly cost
$667,000/yrincome needed

About This Home

Welcome to 1227 Formosa Ave a striking three-level townhouse that blends modern luxury with elevated indoor-outdoor living.This thoughtfully designed 2-bedroom, 3-bath residence showcases top-of-the-line appliances and premium finishes throughout, offering both style and functionality at every turn. The open-concept living spaces are filled with natural light, complemented by built-in automatic shades on all windows and doors for effortless privacy and light control.One of the home's standout features is the private rooftop retreat an entertainer's dream complete with a built-in barbecue, outdoor TV, and a comfortable daybed. From here, enjoy sweeping panoramic views that provide a stunning backdrop from sunrise to sunset.Downstairs, the garage is equipped with a car lift, offering added convenience and maximizing parking or storage options a rare and valuable feature.You will not find another property with this level of quality, design, and attention to detail a truly exceptional offering for those who expect the very best in modern living.

Getting Around

91
WalkingWalker's Paradise
61
TransitGood Transit
63
BikeBikeable

Schools

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Barbeque,Freezer,Range/Oven,Refrigerator,Dishwasher,Microwave
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Wood,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,330
  • Total interior livable area: 2,330 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: WDR3B*
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Stories: 4
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: City,Hills

Lot

  • Lot size: 6,747 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage - 2 Car
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,133$169,596
Home Insurance *$483$5,796
Property Taxes $1,560$18,720
Electricity $499$5,995
Total$16,675$200,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$571,714/yr
40% on housing$500,250/yr
45% on housing$444,666/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,200This listing

vs Other Active Listings

Avg $/sqft

ZIP 90046$786
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90046$949
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$2,795,000

For Sale by Agent

AgentStephen Sweeney
BrokerageThe Beverly Hills Estates

Similar Homes