NOT LISTED FOR SALE

1506 Malcolm Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $2,326,000 - $2,631,135

3 Beds
2 Baths
2,097 Sq Ft
$1,177/Sq Ft Est. Value

Sale Details

Date Sold: August 10, 2022

Last sale price $2,420,000 $1,154 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,595 / mo

7 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Fairburn Avenue Elementary School Rated A
  • Spanish Architecture
  • Den

About This Home

As of August 2022

This premier, beautifully updated Westwood Spanish three bedroom and two bathroom home, boasts an ideal and bright floorplan, with stunning matching archways separating the luxurious living room featuring an impressive modern fireplace mantelpiece, from the formal dining room, leading to an entertainer's gourmet kitchen with center island, stainless steel appliances and granite countertops. The charming den/study leads to a quaint wood-decked rear patio and large backyard with a garage that can double as a bonus room. Beautiful built-in cabinetry, combined with classic wrought ironwork on vents, and dark hardwood floors, bring an amazing touch of traditional character which complements nicely with the modern touches from the updates throughout. Central heating & A/C. Perfectly situated in one of Westwood's most sought-after neighborhoods, this home is closely nestled between world-class shopping & dining at Westfield Century City, Sawtelle's hip restaurants and dessert shops, the new Google Campus, and UCLA. Coveted Fairburn Elementary school district. Move-in ready. Be prepared to cherish this healthy lifestyle and exclusive living.

Last Agent to Sell the Property

Felix Wong

Sunshine Realty License #01198940 Listed on: 07/14/2022

Last Buyer's Agent

Felix Wong

Sunshine Realty License #01198940 Listed on: 07/14/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 6,730 Sq Ft Lot
  • Lot Dimensions are 54x125
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,097 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Alarm System
  • Property Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Auto Driveway Gate

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4325-028-002

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

6,730 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2097
  • Lot Acreage: 0.1545
  • Lot Dimensions: 54x125
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Freezer, Range/Oven, Refrigerator, Gas Or Electric Dryer Hookup, Trash Compactor
  • Price Per S Q F T: 1048.64

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway Gate, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4325-028-002
  • Lot Size Area: 6730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Shen Michael
Bought by
Marilen Abbago And Michael Shen Family Trust and Shen
Current Estimated Value
$2,467,784

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 3, 2022
Sold by
Abbago Marilen
Bought by
Shen Michael
Seller's Agent
Felix Wong
Sunshine Realty
Buyer's Agent
Felix Wong
Sunshine Realty
List Price
$2,199,000
Sold Price
$2,420,000
Premium/Discount to List
$221,000
10.05%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%

Purchase Details

Listed on
Jul 14, 2022
Closed on
Jul 29, 2022
Sold by
Fu Family Trust and Fu Patrick W
Bought by
Libby Shen Trust and Shen
Seller's Agent
Felix Wong
Sunshine Realty
Buyer's Agent
Felix Wong
Sunshine Realty
List Price
$2,199,000
Sold Price
$2,420,000
Premium/Discount to List
$221,000
10.05%
Views
4

Purchase Details

Closed on
Jan 27, 2017
Sold by
Fu Patrick W
Bought by
Fu Patrick W and Fu Christina C

Purchase Details

Listed on
Jul 18, 2013
Closed on
Aug 1, 2013
Sold by
Reiter Eric G
Bought by
Fu Patrick W and Fu Christina C
Seller's Agent
Jim Bremner
Compass
Buyer's Agent
Christina Wong
Sunshine Realty
List Price
$1,475,000
Sold Price
$1,535,000
Premium/Discount to List
$60,000
4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,000,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2006
Sold by
Reiter Eric
Bought by
Reiter Eric G and Reiter Staci R

Purchase Details

Closed on
Apr 29, 2003
Sold by
Goldsmith Jeffrey S
Bought by
Reiter Eric and Reiter Staci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
5%

Purchase Details

Closed on
Apr 18, 2002
Sold by
Goldsmith Jeffrey S
Bought by
Goldsmith Jeffrey S and Morrow Michelle L

Purchase Details

Closed on
Mar 1, 2000
Sold by
Sunderland Todd
Bought by
Goldsmith Jeffrey S and Morrow Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 12, 1999
Sold by
Eriksson Gunnel M
Bought by
Sunderland Todd and Georges Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Marilen Abbago And Michael Shen Family Trust -- None Listed On Document
Shen Michael -- Lawyers Title
Libby Shen Trust $2,420,000 Lawyers Title
Fu Patrick W -- None Available
Fu Patrick W $1,535,000 Equity Title Los Angeles
Reiter Eric G -- None Available
Reiter Eric $990,000 Chicago Title
Goldsmith Jeffrey S -- --
Goldsmith Jeffrey S $710,000 Equity Title
Sunderland Todd -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fu Patrick W $1,000,000
Previous Owner Reiter Eric $742,500
Previous Owner Goldsmith Jeffrey S $460,000
Previous Owner Sunderland Todd $432,000
Closed Reiter Eric $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2022 08/10/22 Sold $2,420,000 +10.1% $1,154 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $2,199,000 0.0% $1,049 / Sq Ft
09/16/2014 09/16/14 Rented $5,500 -8.3% --
09/16/2014 09/16/14 Under Contract -- -- --
08/09/2014 08/09/14 For Rent $5,995 0.0% --
09/05/2013 09/05/13 Sold $1,535,000 +4.1% $732 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $1,475,000 -- $703 / Sq Ft
Source: The MLS

Tax History

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 $29,975 $2,517,768 $2,013,174 $504,594
2024 $29,975 $2,468,400 $1,973,700 $494,700
2023 $22,058 $1,808,621 $1,429,463 $379,158
2022 $21,030 $1,773,159 $1,401,435 $371,724
2021 $20,775 $1,738,392 $1,373,956 $364,436
2019 $20,150 $1,686,832 $1,333,204 $353,628
2018 $20,045 $1,653,758 $1,307,063 $346,695
2016 $19,179 $1,589,543 $1,256,309 $333,234
2015 $18,897 $1,565,668 $1,237,439 $328,229
2014 $18,954 $1,535,000 $1,213,200 $321,800
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Felix Wong

    Sunshine Realty

    (310) 828-5509

    5 in this area

    29 Total Sales

    Felix Wong
    Section Image

  • D

    Seller's Agent in 2014

    Dennis Wong

    Sunshine Realty

    (310) 880-5368

    1 in this area

    7 Total Sales

    Dennis Wong
    Section Image
  • Michael Cockinos

    Buyer's Agent in 2014

    Michael Cockinos

    Coldwell Banker Realty

    (310) 612-5606

    2 in this area

    9 Total Sales

    Michael Cockinos
    Section Image
  • Jim Bremner

    Seller's Agent in 2013

    Jim Bremner

    Compass

    (310) 422-0858

    36 in this area

    56 Total Sales

    Jim Bremner
    Section Image

  • C

    Buyer's Agent in 2013

    Christina Wong

    Sunshine Realty

    (310) 242-1612

    5 Total Sales

    Christina Wong
    Section Image
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Map

Source: The MLS

MLS Number: 22-178357

The MLS

APN: 4325-028-002

California Los Angeles County Los Angeles 90024 Westwood

1506 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.
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