Seller's Agent in 2024
Nick Peters
Real Broker
(310) 308-2609
1 in this area
49 Total Sales
1906 Malcolm Ave Los Angeles, CA 90025
West Los Angeles Neighborhood
12
Beds
12
Baths
6,151
Sq Ft
6,756
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Landscaped
- Cooling System Mounted To A Wall/Window
- 14 Attached Carport Spaces
- Rectangular Lot
About This Home
As of November 2024This 8 unit building has a great unit mix of four 2 beds and four 1 beds. The end units are 2 beds/2baths and on each floor there are two interior 1 bed units. Rent will be top of the market! ** Ample parking: 7 tandem tuck-under slots that each hold 2 cars, plus an open spot, for a total of 15 onsite parking spots. ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Most units have air conditioning. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. A related owner owns 1910 Malcolm which is the identical building on the right side. They share a driveway and the front car gate. No intent to sell 1910 at this time. ** Gated parking for security. ** Seller will consider offers that are contingent on the closing of another property. Seller will coop with buyer’s 1031. ** Once both vacant units are rented the Proforma cap rate will be 4.25%; the Proforma GRM will be 14.2.
Last Agent to Sell the Property
Real Broker Brokerage Phone: 310-308-2609 License #00880972 Listed on: 04/28/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,755 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Rectangular Lot
- Sprinkler System
Home Design
- Property Attached
Interior Spaces
- 6,151 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 15 Parking Spaces
- 14 Attached Carport Spaces
- Parking Available
- Tandem Covered Parking
- Auto Driveway Gate
- Driveway
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 2 / 64
- Tax Tract Number 5609
- Assessor Parcel Number 4321010002
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $258,120
- Net Operating Income $159,646
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $3,400,000 | 0.0% | $553 / Sq Ft |
| 09/06/2021 09/06/21 | Off Market | $3,400,000 | -- | -- |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $3,750,000 | +10.3% | $610 / Sq Ft |
| 05/23/2021 05/23/21 | Off Market | $3,400,000 | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $3,750,000 | -- | $610 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $42,468 | $3,400,000 | $1,400,000 | $2,000,000 |
| 2024 | $42,468 | $3,440,607 | $2,236,505 | $1,204,102 |
| 2023 | $41,652 | $3,373,145 | $2,192,652 | $1,180,493 |
| 2022 | $39,732 | $3,307,006 | $2,149,659 | $1,157,347 |
| 2021 | $39,241 | $3,242,163 | $2,107,509 | $1,134,654 |
| 2020 | $10,739 | $800,441 | $492,787 | $307,654 |
| 2019 | $10,348 | $784,747 | $483,125 | $301,622 |
| 2018 | $10,222 | $769,360 | $473,652 | $295,708 |
| 2016 | $9,696 | $739,486 | $455,260 | $284,226 |
| 2015 | $9,565 | $728,379 | $448,422 | $279,957 |
| 2014 | $9,646 | $714,113 | $439,639 | $274,474 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Peters
-
Oron Maher
Buyer Co-Listing Agent in 2024
Oron Maher
Maher Commercial Realty
(630) 649-9961
2 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21088760
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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