NOT LISTED FOR SALE

Estimated Value: $6,052,000 - $9,514,224

12 Beds
16 Baths
12,600 Sq Ft
$638/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $8,200,000 $651 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $51,444/month

255 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Primary Bedroom Suite
  • Fairburn Avenue Elementary Rated A
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of November 2021

Designed to satisfy your high-end values, The Malcolm is now available For Sale. This brand new construction features 4 units with private elevator access into each. All units are over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef's kitchen and professional appliances, detailed interior finishes and loads of closet space. The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm is a unique Trophy Property like no other in prime Westwood Village with minimal maintenance costs.

Last Agent to Sell the Property

Catherine Kamran

Compass License #01216928 Listed on: 01/05/2021

Compass

Co-Listed By

Abtin Missaghi

Keller Williams Beverly Hills License #01362813

Last Buyer's Agent

Finneus Egan

Compass License #01816916

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $103,453

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,087 Sq Ft Lot
  • Gated Home
  • Sprinkler System

Parking

  • 10 Car Garage
  • Automatic Gate

Home Design

  • Quadruplex
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 12,600 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • 16 Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Double Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Living Room Balcony
  • Rooftop Deck
  • Open Patio
  • Rain Gutters

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 4 Units
  • Greenbelt
  • 5-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • The owner pays for gardener
  • Assessor Parcel Number 4325-026-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$103,453

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Designed to satisfy your high-end values, The Malcolm is now available For Sale. This brand new construction features 4 units with private elevator access into each. All units are over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef's kitchen and professional appliances, detailed interior finishes and loads of closet space. The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm is a unique Trophy Property like no other in prime Westwood Village with minimal maintenance costs.
  • Alley: No
  • Disability Access: DisabilityAccess, Customized Wheelchair Accessible, Parking, No Interior Steps, Handicap Access
  • Entry Location: Elevator
  • Living Area: 12600
  • Property Condition: New Construction
  • Stories: 5
  • Year Built: 2019
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator, Built-Ins, Turnkey, High Ceilings (9 Feet+), Intercom, Living Room Balcony, Open Floor Plan
  • Number Carpet: 0
  • Number Dishwasher: 4
  • Number Disposal: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Fireplace Rooms: Family Room, Gas, Living Room
  • Flooring: Tile, Hardwood, Mixed
  • Appliances: Built-Ins, Convection Oven, Cooktop - Gas, Gas, Oven, Range Hood, Range
  • Bedrooms: 12
  • Bedroom Features: Dressing Area, Master Bedroom, Master Suite, WalkInCloset
  • Bathroom Features: Double Shower, Double Vanity(s), Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Shower and Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen, Open to Family Room, Pantry
  • Laundry: In Unit, Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 16.00
  • Den: 1
  • Equipment: Dishwasher, Elevator, Microwave, Range/Oven, Washer, Alarm System, Built-Ins, Dryer, Freezer, Garbage Disposal, Hood Fan, Refrigerator
  • Price Per S Q F T: 672.62
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, Double Door Entry, Full Copper Plumbing, High Ceilings (9 Feet+), Sprinkler System, Sliding Glass Doors, Rain Gutters, Energy Efficient, Custom Built
  • Other Structures: None
  • Number Patio: 4
  • Patio: Patio Open, Roof Top Deck
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 10
  • Covered Parking: 10
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 10

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Central
  • Electric Expense: 2000.00
  • Heating: Central
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector
  • Sewer: In Street
  • Water: Public
  • Water Expense: 600.00
  • Water Heaters: Yes

Fee Information

  • Elevator Expense: 2700.00
  • Insurance Expense: 3500.00
  • Maintenance Expense: 3000.00
  • Trash Expense: 6700.00

Lot Info

  • Assessor Parcel Number: 4325-026-021
  • Lot Description: Automatic Gate, Street Paved, Street Lighting, Street Concrete
  • Lot Location: City, Greenbelt, Park Nearby
  • Lot Size Area: 6087

Rental Info

  • Number Leased: 4
  • Total Actual Rent: 418824.00
  • Owner Pays: Gardener
  • Rent Control: No
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 21.25
  • Number Of Units: 4
  • Rent Control: 0%
  • Total Annual Expense: 129734
  • Type Of Units: Fourplex
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 110000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Sep 27, 2021
Sold by
Malcolm Grand Estates Llc
Bought by
Avy Realty Inc
Seller's Agent
Catherine Kamran
Compass
Buyer's Agent
Finneus Egan
Compass
List Price
$8,975,000
Sold Price
$8,200,000
Premium/Discount to List
-$775,000
-8.64%
Current Estimated Value
$8,037,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,444
Avg. Annual Appreciation
-2.47%
Original Mortgage
$3,500,000
Outstanding Balance
$3,202,214
Interest Rate
2.88%
Mortgage Type
Commercial
Estimated Equity
$4,242,109

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:

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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
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

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $8,200,000 -3.2% $651 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $8,475,000 -5.6% $673 / Sq Ft
01/05/2021 01/05/21 For Sale $8,975,000 -- $712 / Sq Ft
Source: The MLS

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

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-675690

The MLS

APN: 4325-026-021