NOT LISTED FOR SALE

1700 Malcolm Ave Los Angeles, CA 90024

Westwood Neighborhood
17 Beds
16 Baths
10,084 Sq Ft
6,938 Sq Ft Lot

Sale Details

Date Sold: April 22, 2022

Last sale price $5,125,000 $508 Per Sq Ft

101 Days on Market

About This Home

As of April 2022

This home is located at 1700 Malcolm Ave, Los Angeles, CA 90024 since 25 October 2021. This property was built in 1963. 1700 Malcolm Ave is a home located in Los Angeles County with nearby schools including Fairburn Avenue Elementary School, Westwood Charter School, and Ralph Waldo Emerson Community Charter Middle School.

Last Agent to Sell the Property

Michael Sterman

Marcus & Millichap License #01911703 Listed on: 10/25/2021

Co-Listed By

Jeff Louks

Marcus & Millichap License #00908473

Last Buyer's Agent

Jeff Louks

Marcus & Millichap License #00908473

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,938

Parking

  • Covered Parking

Home Design

  • 10,084 Sq Ft Home

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 16 Bathrooms

Additional Features

  • 6,938 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4325-024-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,938 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10084
  • Lot Acreage: 0.1593
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 17
  • Total Bathrooms: 16.00
  • Price Per S Q F T: 535.50

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 22.65
  • Assessed Improvement Value: 1025000
  • Assessed Land Percent: 77.35
  • Assessed Land Value: 3500000
  • Total Assessed Value: 4525000
  • Assessor Parcel Number: 4325-024-001
  • Lot Size Area: 6938

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.59
  • Number Of Units: 8
  • Type Of Units: Apartments

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
Sep 14, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 25, 2021
Closed on
Feb 24, 2022
Sold by
Bought by
Seller's Agent
Michael Sterman
Marcus & Millichap
Buyer's Agent
Jeff Louks
Marcus & Millichap
List Price
$5,600,000
Sold Price
$5,125,000
Premium/Discount to List
-$475,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2019
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
$2,815,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 20, 2017
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
$1,523,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westwood, CA

  • Armando Padilla Real Estate Agent - Equity Union

    Armando Padilla

    Equity Union

    (661) 463-8165

    147 Total Sales

    2 in Westwood

    $1,352,844 Price Range

    Armando Padilla
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  • Jovon Yanez Real Estate Agent - Price Real Estate Group Inc

    Jovon Yanez

    Price Real Estate Group Inc

    (424) 541-1012

    36 Total Sales

    1 in Westwood

    $536,000 Price

    Jovon Yanez
     Section Image
  • Ram Handa Real Estate Agent - Compass

    Ram Handa

    Compass

    (424) 396-6076

    10 Total Sales

    1 in Westwood

    $34,550,000 Price

    Ram Handa
     Section Image
  • Jeremy Gray Real Estate Agent - Keller Williams VIP Properties

    Jeremy Gray

    Keller Williams VIP Properties

    (661) 486-4749

    50 Total Sales

    1 in Westwood

    $768,000 Price

    Jeremy Gray
     Section Image
  • Chad Singer Real Estate Agent - Amalfi Estates

    Chad Singer

    Responds Quickly

    Amalfi Estates

    (855) 936-0705

    91 Total Sales

    1 in Westwood

    $1,055,000 Price

    Chad Singer
     Section Image
  • Justin Bonney Real Estate Agent - Clear Way Real Estate

    Justin Bonney

    Clear Way Real Estate

    (747) 294-3329

    88 Total Sales

    1 in Westwood

    $1,000,000 Price

    Justin Bonney
     Section Image
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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 Listed On Document
$5,125,000 Fidelity National Title
$4,525,000 North American Title Company
$3,350,000 Fidelity National Title
-- --
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 $2,750,000
Previous Owner $2,815,000
Previous Owner $1,523,000
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 Prior Sale
04/22/2022 04/22/22 Sold $5,125,000 -5.1% $508 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
12/09/2021 12/09/21 Price Changed $5,400,000 -3.6% $536 / Sq Ft
10/25/2021 10/25/21 For Sale $5,600,000 +23.8% $555 / Sq Ft
07/10/2019 07/10/19 Sold $4,525,000 -1.6% $449 / Sq Ft View Prior Sale
04/24/2019 04/24/19 Price Changed $4,600,000 -2.0% $456 / Sq Ft
03/20/2019 03/20/19 For Sale $4,695,000 +3.8% $466 / Sq Ft
03/19/2019 03/19/19 Off Market $4,525,000 -- --
03/19/2019 03/19/19 For Sale $4,695,000 -- $466 / 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 $66,469 $5,462,100 $4,260,438 $1,201,662
2024 $65,705 $5,355,000 $4,176,900 $1,178,100
2023 $64,164 $5,227,500 $4,080,000 $1,147,500
2022 $55,807 $4,663,316 $3,606,985 $1,056,331
2021 $55,105 $4,571,879 $3,536,260 $1,035,619
2019 $11,232 $3,485,340 $2,496,960 $988,380
2018 $42,126 $3,417,000 $2,448,000 $969,000
2016 $5,441 $367,577 $121,550 $246,027
2015 $5,376 $362,057 $119,725 $242,332
2014 $5,447 $354,966 $117,380 $237,586
Source: Public Records

Agents Affiliated with this Home

  • Michael Sterman Real Estate Agent - Marcus & Millichap

    Seller's Agent in 2022

    Michael Sterman

    Marcus & Millichap

    (818) 943-2319

    2 in this area

    46 Total Sales

    Michael Sterman
    Section Image
  • Jeff Louks Real Estate Agent - Marcus & Millichap

    Seller Co-Listing Agent in 2022

    Jeff Louks

    Marcus & Millichap

    (818) 212-2700

    2 in this area

    66 Total Sales

    Jeff Louks
    Section Image
  • Sam Liberow Real Estate Agent - Marcus & Millichap

    Seller's Agent in 2019

    Sam Liberow

    Marcus & Millichap

    (718) 406-3128

    1 in this area

    53 Total Sales

    Sam Liberow
    Section Image
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Map

Source: The MLS

MLS Number: 21-100109

The MLS
California Los Angeles County Los Angeles 90024 Westwood

1700 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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