NOT LISTED FOR SALE

1707 Malcolm Ave Unit 400 Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $1,500,000 - $1,930,000

3 Beds
2.5 Baths
2,240 Sq Ft
$650/mo HOA Fee

Last Sold December 07, 2018

Last sale price $1,378,000 $615 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,671/month

14 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Wood Flooring
  • Fairburn Avenue Elementary Rated A
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of December 2018

This beautiful 3 bedroom/3 bath Penthouse condo is centrally located in the heart of Westwood and close to Beverly Hills, UCLA and the 405 freeway. 4 balconies throughout this spacious 2240 sf. Penthouse condo, a chef's galley style kitchen complete with stainless steel appliances, a double oven, private full size laundry room, built in bookcases, fireplace, oversized bedrooms and spacious closets with storage throughout. This home has it all, views, light and bright rooms, light colored hardwood floors, location within prized Fairburn Ave School District, marble and granite in the kitchen and bathrooms as well as a great location and low HOA's.

Last Agent to Sell the Property

Ariyan Afshar

Compass License #01753779 Listed on: 10/12/2018

Compass

Last Buyer's Agent

James Brunet

Estate Properties License #01051802

Estate Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,339

Year Built

  • Built in 2000

Lot Details

  • 5,227

HOA Fees

  • $650 Monthly HOA Fees

Property Views

  • City Lights
  • Trees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 2,240 Sq Ft Home
  • 4-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer

Parking

  • 3 Parking Spaces
  • Gated Parking
  • Parking Garage Space

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4325-023-057

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Controlled Access
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,339

Year Built

Built in 2000

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 1707 Malcolm Ave
  • Entry Floor: 4
  • Living Area: 2240
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2000
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Elevator, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 578.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Community Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Prewired for alarm system

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 650.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4325-023-057
  • Geocode Override: No
  • Lot Size Area: 5611

Multi Family

  • Number Of Units: 3

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 3, 2018
Sold by
Shih Julia
Bought by
Amarasekare Priyanga
Seller's Agent
Ariyan Afshar
Compass
Buyer's Agent
James Brunet
Estate Properties
List Price
$1,295,000
Sold Price
$1,378,000
Premium/Discount to List
$83,000
6.41%
Current Estimated Value
$1,622,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,676
Avg. Annual Appreciation
2.40%
Original Mortgage
$878,000
Outstanding Balance
$773,537
Interest Rate
4.8%
Mortgage Type
Unknown
Estimated Equity
$849,139

Purchase Details

Listed on
Oct 12, 2018
Closed on
Nov 8, 2018
Sold by
Meyer Rene
Bought by
Shih Julia
Seller's Agent
Ariyan Afshar
Compass
Buyer's Agent
James Brunet
Estate Properties
List Price
$1,295,000
Sold Price
$1,378,000
Premium/Discount to List
$83,000
6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,000
Outstanding Balance
$773,537
Interest Rate
4.8%
Mortgage Type
Unknown
Estimated Equity
$849,139

Purchase Details

Closed on
Dec 21, 2012
Sold by
Shih Jerry and Shih Jean
Bought by
Shih Julia

Purchase Details

Closed on
Sep 27, 2000
Sold by
1707 Malcolm Properties Llc
Bought by
Shih Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

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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
Amarasekare Priyanga $1,378,000 Lawyers Title
Shih Julia -- Lawyers Title
Shih Julia -- None Available
Shih Jerry $699,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amarasekare Priyanga $878,000
Previous Owner Shih Jerry $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $1,378,000 +6.4% $615 / Sq Ft
10/12/2018 10/12/18 For Sale $1,295,000 0.0% $578 / Sq Ft
08/31/2012 08/31/12 Rented $4,000 0.0% --
08/31/2012 08/31/12 Under Contract -- -- --
08/20/2012 08/20/12 For Rent $4,000 -- --
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 $18,339 $1,537,182 $982,435 $554,747
2024 $18,339 $1,507,042 $963,172 $543,870
2023 $17,984 $1,477,493 $944,287 $533,206
2022 $17,144 $1,448,523 $925,772 $522,751
2021 $16,931 $1,420,121 $907,620 $512,501
2019 $16,420 $1,378,000 $880,700 $497,300
2018 $11,280 $925,684 $475,424 $450,260
2016 $10,779 $889,740 $456,963 $432,777
2015 $10,621 $876,376 $450,099 $426,277
2014 $10,657 $859,210 $441,283 $417,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-395070

The MLS

APN: 4325-023-057