NOT LISTED FOR SALE

1470 Malcolm Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $2,449,000 - $3,325,286

6 Beds
4 Baths
3,887 Sq Ft
$728/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2023

Last sale price $2,526,000 $650 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,952 / mo

45 Days on Market

Highlights

  • Family Room with Fireplace
  • Traditional Architecture
  • Breakfast Area or Nook
  • Fairburn Avenue Elementary School Rated A
  • Wood Flooring
  • Double Oven

About This Home

As of July 2023

This beautiful duplex is in the desirable Westwood neighborhood and features six bedrooms and four bathrooms. With a spacious 3,887 square feet of living space on a generous 7,168 square feet lot, this property offers endless opportunities for families looking for plenty of room or investors looking for a great rental opportunity. Each unit boasts 1,943 square feet of living space and tons of natural light; as you enter the unit, you are greeted by well-maintained hard floors in the living room. The living room features large windows and charming built-ins great for entertaining the family, and flowing seamlessly across is a large family room with many windows and a cozy fireplace. The kitchens were completely remodeled a few years ago and are fitted with new appliances and tons of cabinetry. The primary suites are spacious with added storage and have an ensuite attached. Two other large bedrooms with shared bathroom completed the unit layout. Other features of this property are washer and dryer hookups in the unit, central AC/heat, well-manicured front and backyards that offer excellent places for outdoor activities and relaxation, a long driveway, and a two-car garage. This property is zoned R1.5 and Tier 3 of TOC, according to LABD, allowing potential investors to build up to six units on the property. The downstairs unit is vacant, and the upstairs unit is rented at $4,500/mo; however, the upstairs tenant is willing to leave, making it possible to purchase the property completely vacant. The location is superb, providing easy access to nearby shopping, dining, and entertainment options. Don't miss out on this fantastic opportunity to own a beautiful property in the heart of Westwood.

Last Agent to Sell the Property

Ron Anavim

Real Broker License #02002682 Listed on: 04/06/2023

Real Broker

Co-Listed By

James Suarez

Real Broker License #01433992

Last Buyer's Agent

Sherri Kashanian

Extar License #01343413

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,168 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 3,887 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity
  • Assessor Parcel Number 4325-019-009

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

7,168 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 3887
  • Lot Acreage: 0.1646
  • Probate: No
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Gas
  • Flooring: Wood, Tile, Carpet
  • Appliances: Oven, Range, Range Hood, Built-Ins, Double Oven
  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Granite
  • Laundry: In Unit, Inside
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator, Freezer, Range/Oven, Gas Or Electric Dryer Hookup, Recirculated Exhaust Fan, Built-Ins, Dishwasher
  • Price Per S Q F T: 707.49

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.89
  • Assessed Improvement Value: 203496
  • Assessed Land Percent: 71.11
  • Assessed Land Value: 500936
  • Total Assessed Value: 704432
  • Assessor Parcel Number: 4325-019-009
  • Lot Size Area: 7168

Rental Info

  • Tenant Pays: Trash Collection, Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.60
  • Number Of Units: 2
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 50.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2007
Sold by
Bought by
Current Estimated Value
$2,827,822

Purchase Details

Closed on
Jun 4, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 22, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
8.53%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- United Title Company
-- Fidelity Title
$450,000 --
$405,000 Benefit Land Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $585,000
Previous Owner $337,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $2,526,000 -8.1% $650 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $2,750,000 -- $707 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,062 $2,576,520 $1,805,400 $771,120
2024 $30,730 $2,526,000 $1,770,000 $756,000
2023 $9,132 $718,519 $510,954 $207,565
2022 $8,720 $704,432 $500,936 $203,496
2021 $8,594 $690,620 $491,114 $199,506
2019 $8,343 $670,139 $476,549 $193,590
2018 $8,245 $657,000 $467,205 $189,795
2016 $7,855 $631,490 $449,064 $182,426
2015 $7,743 $622,005 $442,319 $179,686
2014 $7,779 $609,822 $433,655 $176,167
Source: Public Records

Agents Affiliated with this Home

  • Ron Anavim

    Seller's Agent in 2023

    Ron Anavim

    Real Broker

    (310) 877-4407

    4 in this area

    79 Total Sales

    Ron Anavim
    Section Image
  • James Suarez

    Seller Co-Listing Agent in 2023

    James Suarez

    Real Broker

    (310) 902-1004

    3 in this area

    256 Total Sales

    James Suarez
    Section Image
  • Sherri Kashanian

    Buyer's Agent in 2023

    Sherri Kashanian

    Extar

    (310) 315-9622

    5 in this area

    14 Total Sales

    Sherri Kashanian
    Section Image
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Map

Source: The MLS

MLS Number: 23-253175

The MLS

APN: 4325-019-009

California Los Angeles County Los Angeles 90024 Westwood

1470 Malcolm Ave, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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