NOT LISTED FOR SALE

1722 Malcolm Ave Unit 303 Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $993,000 - $1,136,000

2 Beds
2.5 Baths
1,651 Sq Ft
$775/mo HOA Fee

Last Sold August 21, 2024

Last sale price $1,030,000 $624 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,305/month

77 Days on Market

Highlights

  • Fitness Center
  • Automatic Gate
  • City Lights View
  • Fairburn Avenue Elementary Rated A
  • Gated Community
  • 0.38 Acre Lot

About This Home

As of August 2024

An EXTRAORDINARY haven on rear corner unit situated in the desirable prime location in the heart of Westwood. Almost everything COMPLETELY REMODELED with stylish and designer taste. Rare split-level (3rd to top floor) town home style. Offers 2 spacious bedrooms and 2 Bathrooms and spacious bonus den/office in upper level and bright Living Room with fireplace flows into large dining area next to the gorgeous kitchen and breakfast bar, small working area and bathroom for guest in lower level. As you enter the foyer you feel at home in this warm and inviting property. The master bedroom epitomizes comfort, boasting a beautifully designed bathroom with double vanity and oversized separate shower. Beautiful newer floors throughout entire home and tastefully remodeled Kitchen with newer Refrigerator, Dishwasher and Microwave oven and beautifully remodeled Bathrooms. Other feature included Washer & dryer and Central AC & Heating system in unit and comes with two gated parking spaces and storage cabinet. Gated and well-maintained building with gym, rooftop deck, 2nd floor sitting area, recreation room with kitchen, guest parking and secured access/cameras. Earthquake Insurance included in HOA dues. Excellent Fairburn Avenue Elementary school district. Minutes away from everywhere to restaurants, shops and entertainment and near to Century City and Beverly Hills, UCLA and major 405 and 10 freeway. Easy to Show! You must see this home in person to truly appreciate. Don't miss this great opportunity!!

Last Agent to Sell the Property

Mi Choi

New Star Realty License #01087146 Listed on: 05/15/2024

New Star Realty

Last Buyer's Agent

Brian Layne

Redfin License #02044629

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,029

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.38

HOA Fees

  • $775 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,651 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • City Lights Views

Kitchen

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

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Tandem Parking
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4325-024-096

Community Details

Overview

  • Association fees include trash, water
  • 20 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,029

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Malcolm Westwood
  • Entry Floor: 3
  • Living Area: 1651
  • Lot Acreage: 0.3785
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 1985
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Stone Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 635.37

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking, Gated, Parking for Guests, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Elevator, Exercise Room, Gated Community, Guest Parking, Clubhouse, Gated Parking, Sauna
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water
  • HOA Fees: 775.19
  • HOA: Yes
  • Unit Location: Corner

Lot Info

  • Assessor Parcel Number: 4325-024-096
  • Lot Size Area: 16486

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 14, 2024
Sold by
Cho Chongwon Lewis and Cho Julia Hyeyong
Bought by
Yardimci Nezih Tolga and Shao Qing
Seller's Agent
Mi Choi
New Star Realty
Buyer's Agent
Brian Layne
Redfin
List Price
$1,099,000
Sold Price
$1,030,000
Premium/Discount to List
-$69,000
-6.28%
Views
35
Current Estimated Value
$1,068,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,709
Avg. Annual Appreciation
3.51%
Original Mortgage
$670,000
Outstanding Balance
$663,646
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$405,063

Purchase Details

Listed on
May 15, 2024
Closed on
Aug 12, 2024
Sold by
Cho Chongwon Lewis and Cho Julia Hyeyong
Bought by
Yardimci Nezih Tolga and Shao Qing
Seller's Agent
Mi Choi
New Star Realty
Buyer's Agent
Brian Layne
Redfin
List Price
$1,099,000
Sold Price
$1,030,000
Premium/Discount to List
-$69,000
-6.28%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$663,646
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$405,063

Purchase Details

Closed on
Jul 13, 2021
Sold by
Cho Chongwon Lewis and Cho Julia Hyeyong
Bought by
Cho Chongwon Lewis and Cho Julia Hyeyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Heric Michael A and Michael A Heric Trust
Bought by
Cho Chong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Heric Michael A and Michael A Heric Trust
Bought by
Heric Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,400
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Heric Michael A
Bought by
Heric Michael A and Michael A Heric Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,400
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2007
Sold by
Heric Michael Austin
Bought by
Heric Michael A and Michael A Heric Trust

Purchase Details

Closed on
Sep 22, 2004
Sold by
Grass Robert A and Karalis Alex
Bought by
Heric Michael Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2003
Sold by
Harro Kemal
Bought by
Harro Seno

Purchase Details

Closed on
Apr 7, 2000
Sold by
Foothill Investments Llc
Bought by
Grass Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8%
Source: Public Records

Range of Values:

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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
Yardimci Nezih Tolga $1,030,000 Chicago Title Company
Yardimci Nezih Tolga $1,030,000 Chicago Title Company
Cho Chongwon Lewis -- Servicelink
Cho Chong Won $655,000 Lawyers Title
Heric Michael A -- Lsi Local Solutions
Heric Michael A -- Lsi Local Solutions
Heric Michael A -- None Available
Heric Michael Austin $655,000 Equity Title Company
Harro Seno -- --
Grass Robert A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yardimci Nezih Tolga $670,000
Closed Yardimci Nezih Tolga $670,000
Previous Owner Cho Chongwon Lewis $320,000
Previous Owner Cho Chong Won $350,000
Previous Owner Cho Chong Won $395,000
Previous Owner Cho Chong Won $415,000
Previous Owner Heric Michael A $487,400
Previous Owner Heric Michael Austin $524,000
Previous Owner Grass Robert A $278,750
Previous Owner Grass Robert A $275,000
Previous Owner Grass Robert A $56,200
Previous Owner Grass Robert A $264,000
Closed Grass Robert A $49,500
Closed Heric Michael Austin $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,030,000 -1.8% $624 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $1,049,000 -4.5% $635 / Sq Ft
05/15/2024 05/15/24 For Sale $1,099,000 0.0% $666 / Sq Ft
12/13/2021 12/13/21 Rented $4,100 -2.4% --
12/06/2021 12/06/21 Under Contract -- -- --
11/08/2021 11/08/21 For Rent $4,200 -- --
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 $10,029 $1,030,000 $646,100 $383,900
2024 $10,029 $828,896 $495,567 $333,329
2023 $9,836 $812,644 $485,850 $326,794
2022 $9,376 $796,711 $476,324 $320,387
2021 $9,253 $781,090 $466,985 $314,105
2020 $9,348 $773,082 $462,197 $310,885
2019 $8,972 $757,925 $453,135 $304,790
2018 $8,946 $743,064 $444,250 $298,814
2016 $8,547 $714,211 $427,000 $287,211
2015 $8,420 $703,484 $420,587 $282,897
2014 $8,449 $689,705 $412,349 $277,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-391595

The MLS

APN: 4325-024-096