NOT LISTED FOR SALE

1621 Malcolm Ave Unit 2 Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $3,289,000 - $9,740,290

12 Beds
16 Baths
12,600 Sq Ft
$591/Sq Ft Est. Value

About This Home

This home is located at 1621 Malcolm Ave Unit 2, Los Angeles, CA 90024 and is currently estimated at $7,444,323, approximately $590 per square foot. 1621 Malcolm Ave Unit 2 is a home located in Los Angeles County with nearby schools including Fairburn Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and Magnolia Science Academy 6 School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Malcolm Grand Estates Llc
Bought by
Avy Realty Inc
Current Estimated Value
$7,444,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,202,214
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$4,871,237

Purchase Details

Closed on
Oct 21, 2013
Sold by
Amd Investments Llc
Bought by
Malcolm Grand Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2008
Sold by
Yutkovsky Alex
Bought by
Palatnik Mila

Purchase Details

Closed on
Oct 13, 2006
Sold by
Chadorchi Fariborz
Bought by
Yutkovsky Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
Chadorchi Shahrzad
Bought by
Chadorchi Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2006
Sold by
Berg Cynthia and Trost Kirsten
Bought by
Chadorchi Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2005
Sold by
Norman P Berg Trust
Bought by
Roberts David M

Purchase Details

Closed on
Jul 6, 2004
Sold by
Ash Roy L and Ash Lila M
Bought by
Berg Norman P and Norman P Berg Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Avy Realty Inc $8,200,000 First American Title Company
Malcolm Grand Estates Llc $1,800,000 Fidelity Sherman Oaks
Amd Investments Llc -- Fidelity Sherman Oaks
Palatnik Mila -- Accommodation
Yutkovsky Alex $1,220,000 Fidelity National Title Co
Chadorchi Fred -- Gateway Title
Chadorchi Fred $1,150,000 Gateway Title
Roberts David M -- --
Berg Norman P $800,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avy Realty Inc $3,500,000
Previous Owner Malcolm Grand Estates Llc $550,000
Previous Owner Malcolm Grand Estates Llc $4,171,000
Previous Owner Malcolm Grand Estates Llc $875,000
Previous Owner Malcolm Grand Estates Llc $1,800,000
Previous Owner Yutkovsky Alex $854,000
Previous Owner Chadorchi Fred $920,000
Previous Owner Chadorchi Fred $920,000
Previous Owner Berg Norman P $450,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $103,453 $8,701,905 $4,563,194 $4,138,711
2024 $103,453 $8,531,280 $4,473,720 $4,057,560
2023 $101,426 $8,364,000 $4,386,000 $3,978,000
2022 $96,668 $8,200,000 $4,300,000 $3,900,000
2021 $74,929 $6,291,029 $2,038,513 $4,252,516
2019 $23,423 $1,978,050 $1,978,050 $0
2018 $23,329 $1,939,265 $1,939,265 $0
2017 $22,911 $1,901,239 $1,478,742 $422,497
2016 $22,423 $1,863,961 $1,449,748 $414,213
2015 $22,092 $1,835,964 $1,427,972 $407,992
2014 -- $1,800,000 $1,400,000 $400,000
Source: Public Records

Map

California Los Angeles County Los Angeles 90024 Westwood

1621 Malcolm Ave Unit 2, Los Angeles, CA

This home is located at 1621 Malcolm Ave Unit 2, Los Angeles, CA 90024 and is currently estimated at $7,444,323, approximately $590 per square foot. 1621 Malcolm Ave Unit 2 is a home located in Los Angeles County with nearby schools including Fairburn Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and Magnolia Science Academy 6 School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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