NOT LISTED FOR SALE

1740 Malcolm Ave Unit 304 Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $1,100,000 - $1,186,050

2 Beds
2 Baths
1,687 Sq Ft
$661/ mo HOA Fee

Last Sold August 09, 2024

Last sale price $1,162,000 $689 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,904/month

97 Days on Market

Highlights

  • Penthouse
  • Rooftop Deck
  • Primary Bedroom Suite
  • Fairburn Avenue Elementary School Rated A
  • Gourmet Kitchen
  • Automatic Gate

About This Home

As of August 2024

Front facing 2 bed+2 bath+loft Penthouse in Westwood with natural light and no common walls. Double doors entry to a spacious floor plan. Skylights invite natural light showering into living room, dining room, bathrooms, master bedroom and loft. Large living room comes with 20 feet ceilings, fireplace & sliding door to balcony with city light views. Kitchen is equipped with granite countertops, breakfast bar & stainless steel appliances. Master bedroom has balcony access, skylights, walk-in closet and another custom built in closets. Master bathroom comes with dual sinks, a separate spa tub and shower. Upstair loft has built-in closet, track lights, skylight and access to the rooftop deck to enjoy the sunset views. Featured Garrison French white oak engineering wood flooring, plantation shutters, recessed lights, central HVAC, Nest thermostat, in unit side-by-side laundry room. Two tandem gated assigned parking spaces and extra storage in shed. Two community guest parking spaces. Pets friendly. EQ Insurance included. Close to Westwood retail shops and UCLA. Fairburn Elementary School.

Last Agent to Sell the Property

Jamie Tsai

SMI Realty License #00963751 Listed on: 04/04/2024

Last Buyer's Agent

Christopher Callaway

eXp Realty of Greater Los Angeles License #02101719

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • End Unit
  • Gated Home
  • Front Yard Sprinklers

HOA Fees

  • $661 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Controlled Entrance

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,687 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Shutters
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Loft
  • City Views
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4325-024-116

Community Details

Overview

  • 14 Units
  • Management Professionals, Inc. Association, Phone Number (310) 802-4808
  • Low-Rise Condominium
  • Maintained Community

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1984 | Remodeled

Lot Details

0.34 Acres

HOA Fees

$661 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Front facing 2 bed+2 bath+loft Penthouse in Westwood with natural light and no common walls. Double doors entry to a spacious floor plan. Skylights invite natural light showering into living room, dining room, bathrooms, master bedroom and loft. Large living room comes with 20 feet ceilings, fireplace & sliding door to balcony with city light views. Kitchen is equipped with granite countertops, breakfast bar & stainless steel appliances. Master bedroom has balcony access, skylights, walk-in closet and another custom built in closets. Master bathroom comes with dual sinks, a separate spa tub and shower. Upstair loft has built-in closet, track lights, skylight and access to the rooftop deck to enjoy the sunset views. Featured Garrison French white oak engineering wood flooring, plantation shutters, recessed lights, central HVAC, Nest thermostat, in unit side-by-side laundry room.
  • Complex Name: Malcolm Estate HOA
  • Entry Floor: 3
  • Entry Location: Foyer
  • Living Area: 1687
  • Lot Acreage: 0.3401
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Gas, Dining, Gas Starter
  • Flooring: Hardwood, Ceramic Tile, Carpet, Mixed, Engineered Hardwood
  • Appliances: Cooktop - Gas, Microwave, Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower and Tub, Shower Over Tub, Shower Stall, Fiberglass Shower Enclosure
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Gourmet Kitchen, Granite Counters
  • Laundry: Inside, In Unit, In Closet
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 698.28
  • Windows: Screens, Skylights, Window Shutters

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, End Unit, Double Door Entry, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Patio: Living Room Balcony, Roof Top Deck, Balcony
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Above Street Level, Assigned, Auto Driveway Gate, Controlled Entrance, Door Opener, Garage - 2 Car, Parking for Guests - Onsite, Driveway - Concrete, Tandem, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Community, Gated, Smoke Detector
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Elevator, Assoc Maintains Landscape, Assoc Pet Rules, Gated Parking, Gated Community
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 661.00
  • Management Company: Management Professionals, Inc.
  • Mgmt Co Phone: 3108024808|300
  • Phone: 3108024808|300
  • HOA: Yes

Lot Info

  • Sprinklers: Front
  • Horses: No
  • Assessor Parcel Number: 4325-024-116
  • Lot Size Area: 14816

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 14

MLS Schools

  • School District: Palos Verdes / LAUSD - Inquire

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Aug 2, 2024
Sold by
Ma Darin Mingyong and Ma Sarah Suegene
Bought by
Xin Yiwei and Guan Yingting
Seller's Agent
Jamie Tsai
SMI Realty
Buyer's Agent
Christopher Callaway
eXp Realty of Greater Los Angeles
List Price
$1,198,000
Sold Price
$1,162,000
Premium/Discount to List
-$36,000
-3.01%
Views
92
Current Estimated Value
$1,152,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,987
Avg. Annual Appreciation
-0.53%
Original Mortgage
$866,250
Outstanding Balance
$854,057
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$297,956

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jul 12, 2024
Sold by
Ma Darin Mingyong and Ma Sarah Suegene
Bought by
Xin Yiwei and Guan Yingting
Seller's Agent
Jamie Tsai
SMI Realty
Buyer's Agent
Christopher Callaway
eXp Realty of Greater Los Angeles
List Price
$1,198,000
Sold Price
$1,162,000
Premium/Discount to List
-$36,000
-3.01%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,250
Outstanding Balance
$854,057
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$297,956

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 15, 2018
Sold by
Baldwin Mari
Bought by
Ma Darin Mingyong and Ma Sarah Suegene
Seller's Agent
Chad Lund
Douglas Elliman
Buyer's Agent
Jamie Tsai
SMI Realty
List Price
$959,000
Sold Price
$1,068,000
Premium/Discount to List
$109,000
11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$680,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 7, 2014
Sold by
Logan Kristi J Freedman and Freedman Kristi J
Bought by
Baldwin Mari
Seller's Agent
Tom Scrocco
Douglas Elliman
Buyer's Agent
Michele Hall
Coldwell Banker Realty
List Price
$829,000
Sold Price
$795,000
Premium/Discount to List
-$34,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$596,000
Interest Rate
2.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2001
Sold by
Niksefat Marzieh Tahriri
Bought by
Freedman Kristi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Xin Yiwei $1,162,000 Lawyers Title Company
Xin Yiwei $1,162,000 Lawyers Title Company
Ma Darin Mingyong $1,068,000 Stewart Title
Baldwin Mari $795,000 First American Title Company
Freedman Kristi J $447,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xin Yiwei $866,250
Closed Xin Yiwei $866,250
Previous Owner Ma Darin Mingyong $680,000
Previous Owner Baldwin Mari $596,000
Previous Owner Freedman Kristi J $347,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $1,162,000 -1.4% $689 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/01/2024 06/01/24 Price Changed $1,178,000 -1.7% $698 / Sq Ft
05/27/2024 05/27/24 For Sale $1,198,000 0.0% $710 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,198,000 0.0% $710 / Sq Ft
02/17/2022 02/17/22 Rented $4,500 -5.3% --
02/14/2022 02/14/22 Under Contract -- -- --
02/14/2022 02/14/22 For Rent $4,750 0.0% --
12/24/2018 12/24/18 Sold $1,068,000 +11.4% $633 / Sq Ft View Prior Sale
11/09/2018 11/09/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $959,000 +20.6% $568 / Sq Ft
09/04/2014 09/04/14 Sold $795,000 -0.5% $471 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Price Changed $799,000 -3.6% $474 / Sq Ft
07/03/2014 07/03/14 For Sale $829,000 -- $491 / Sq Ft
Source: The MLS

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 $14,195 $1,162,000 $775,000 $387,000
2024 $14,195 $1,168,010 $842,762 $325,248
2023 $13,920 $1,145,109 $826,238 $318,871
2022 $13,270 $1,122,657 $810,038 $312,619
2021 $13,104 $1,100,645 $794,155 $306,490
2019 $12,708 $1,068,000 $770,600 $297,400
2018 $10,111 $839,728 $538,905 $300,823
2016 $9,663 $807,123 $517,980 $289,143
2015 $9,530 $795,000 $510,200 $284,800
2014 $6,702 $538,676 $315,976 $222,700
Source: Public Records

Agents Affiliated with this Home

  • Jamie Tsai

    Seller's Agent in 2024

    Jamie Tsai

    SMI Realty

    (310) 466-1598

    2 in this area

    23 Total Sales

    Jamie Tsai
    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Callaway

    eXp Realty of Greater Los Angeles

    (888) 652-1314

    1 in this area

    7 Total Sales

    Christopher Callaway
    Section Image
  • Chad Lund

    Seller's Agent in 2018

    Chad Lund

    Douglas Elliman

    (310) 801-2641

    27 in this area

    177 Total Sales

    Chad Lund
    Section Image
  • Patty Best

    Seller Co-Listing Agent in 2018

    Patty Best

    Douglas Elliman

    (310) 339-8002

    12 in this area

    72 Total Sales

    Patty Best
    Section Image
  • Tom Scrocco

    Seller's Agent in 2014

    Tom Scrocco

    Douglas Elliman

    (310) 259-7355

    1 in this area

    140 Total Sales

    Tom Scrocco
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Randy Isaacs

    Douglas Elliman

    Section Image
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Map

Source: The MLS

MLS Number: 24-374737

The MLS

APN: 4325-024-116

California Los Angeles County Los Angeles 90024 Westwood

1740 Malcolm Ave Unit 304, Los Angeles, CA

Not Listed for Sale

Condos

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