NOT LISTED FOR SALE

1740 Malcolm Ave Unit 303 Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $1,138,000 - $1,232,000

2 Beds
3 Baths
1,829 Sq Ft
$585/mo HOA Fee

Last Sold November 28, 2023

Last sale price $1,140,000 $623 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,373/month

30 Days on Market

Highlights

  • Gated Parking
  • City View
  • Family Room with Fireplace
  • Fairburn Avenue Elementary Rated A
  • Contemporary Architecture
  • Loft

About This Home

As of November 2023

*BOM! Buyer got cold feet.* Welcome to this bright 2-bedroom, 3-bathroom condo in the heart of Westwood. With its impressive vaulted ceilings in the main living space, this condo is open and airy, providing loads of natural light and a sense of spaciousness you will love! All rooms are generously proportioned, and the huge loft is perfect for a work at home, gym, or additional living space. Powder room and the bedrooms on opposite sides of the unit provide plenty of privacy. North of Santa Monica Blvd., and boasting a Walkscore of 73, a transit score of 66, and a bike score of 60, you'll enjoy a prime location with easy access to Westwood's trendy shops, dining, entertainment and UCLA. Two private patios, tandem parking with controlled access, and in-unit laundry room round out the benefits of this offering. As is, this is an absolute gem, or you can take it to the next level and transform it into your ideal dream home! Whether your vibe is modern, minimalist or Boho Chic, this is the perfect canvas for your creativity to run wild!

Last Agent to Sell the Property

Andrea Shink

Compass License #01228179 Listed on: 09/27/2023

Compass

Last Buyer's Agent

Matt Klein

Compass License #01905626

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,869

Year Built

  • Built in 1984

Lot Details

  • 0.34

HOA Fees

  • $585 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,829 Sq Ft Home
  • 2-Story Property
  • Bar
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Loft
  • Carpet
  • City Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4325-024-115

Community Details

Overview

  • 14 Units

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,869

Year Built

Built in 1984

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Malcolm Estates HOA, Inc.
  • Entry Floor: 3
  • Living Area: 1829
  • Lot Acreage: 0.3400
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1984
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Dryer, Washer, Refrigerator
  • Price Per S Q F T: 598.69

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Community Garage, Covered Parking, Garage Is Attached, Tandem

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Gated Parking, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 585.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4325-024-115
  • Lot Size Area: 14812

Multi Family

  • Number Of Units: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 2, 2023
Sold by
Angela A Mickelson Trust
Bought by
Hartwig Grant and Punja Ilina
Seller's Agent
Andrea Shink
Compass
Buyer's Agent
Matt Klein
Compass
List Price
$1,095,000
Sold Price
$1,140,000
Premium/Discount to List
$45,000
4.11%
Views
98
Current Estimated Value
$1,197,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,446
Avg. Annual Appreciation
3.10%
Original Mortgage
$912,000
Outstanding Balance
$900,063
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$297,383

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mickelson Angela A
Bought by
Mickelson Angela A and Angela A Mickelson Trust
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
Hartwig Grant $1,140,000 Lawyers Title
Mickelson Angela A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartwig Grant $912,000
Previous Owner Mickelson Angela A $250,594
Previous Owner Mickelson Angela $251,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $1,140,000 +4.1% $623 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $1,095,000 0.0% $599 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,095,000 -- $599 / 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
2024 $13,869 $1,140,000 $738,900 $401,100
2023 $13,899 $1,149,540 $286,620 $862,920
2022 $7,124 $601,564 $279,980 $321,584
2021 $7,026 $589,770 $274,491 $315,279
2019 $6,813 $572,279 $266,350 $305,929
2018 $6,787 $561,059 $261,128 $299,931
2016 $6,476 $539,274 $250,989 $288,285
2015 $6,381 $531,174 $247,219 $283,955
2014 $6,405 $520,770 $242,377 $278,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-314229

The MLS

APN: 4325-024-115