NOT LISTED FOR SALE

1948 Malcolm Ave Unit 306 Los Angeles, CA 90025

West Los Angeles Neighborhood

Estimated Value: $1,021,000 - $1,264,000

2 Beds
2 Baths
1,534 Sq Ft
0.48 Acres

Last Sold August 07, 2014

Last sale price $770,000 $502 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,243/month

16 Days on Market

Highlights

  • City Lights View
  • Marble Flooring
  • Elevator
  • 20,901 Sq Ft lot
  • Mediterranean Architecture
  • Built-In Features

About This Home

As of August 2014

Sunny and bright front west facing upper floor unit in a gorgeous newer Mediterranean building with open courtyard and fountain. Living room with fireplace, crown moldings and opens to large private balcony; chef's kitchen with granite counters, breakfast bar and stainless steel appliances. Master bedroom suite with walk in closet and luxurious bathroom with separate tub and shower. Second bedroom adjacent to the hallway bathroom is generously sized and is facing front of the building. Central air conditioning and heating. Laundry inside the unit. Two parking spaces in the gated garage. In addition, this home also comes with a private storage room for your exclusive use. Well managed HOA with strong reserves, earthquake insurance, gated entry and parking plus many guest parking spaces. Great location close to UCLA, Century City, Beverly Hills, Santa Monica, cafes and restaurants and walk to award winning Westwood Charter School.

Last Agent to Sell the Property

Henry Ho

Help-U-Sell Westside Realty License #01319174 Listed on: 06/17/2014

Last Buyer's Agent

Chase Campen

Compass License #01323112

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,052

Year Built

  • Built in 2001

Lot Details

  • 0.48

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,534 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • City Lights Views
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Assigned Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4321-010-156

Community Details

Overview

  • Association fees include earthquake insurance, trash, water
  • 25 Units

Amenities

  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,052

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Malcolm Villas
  • Entry Floor: 3
  • Living Area: 1534
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2001
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Marble
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Intercom, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 507.82

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool: No
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Assoc Pet Rules, Yes, Size Limit

Condo/Co-op/Association

  • Assessments: 0
  • Association Fees Include: Earthquake Insurance, Trash, Water
  • HOA Fees: 486.00
  • Unit Location: Front

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4321-010-156
  • Geocode Override: No
  • Lot Size Area: 20901

Multi Family

  • Number Of Units: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2016
Sold by
Malen Justin R and Chan Melinda T
Bought by
Malen Justin and Chan Melinda
Total Days on Market
16
Current Estimated Value
$1,130,531

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jul 3, 2014
Sold by
Syc Investments Llc
Bought by
Malen Justin R and Chan Melinda T
Seller's Agent
Henry Ho
Help-U-Sell Westside Realty
Buyer's Agent
Chase Campen
Compass
List Price
$779,000
Sold Price
$770,000
Premium/Discount to List
-$9,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$616,000
Outstanding Balance
$475,309
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$655,222

Purchase Details

Closed on
Nov 7, 2003
Sold by
Gomperts Philip and Gomperts Yvonne
Bought by
Syc Investments Llc

Purchase Details

Closed on
Jun 18, 2001
Sold by
Majestic Woods Corp
Bought by
Gomperts Philip and Gomperts Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
7.26%
Source: Public Records

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Range of Values:

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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
Malen Justin -- None Available
Malen Justin R $770,000 Chicago Title Company
Syc Investments Llc $660,000 Stewart Title Of Ca Inc
Gomperts Philip $479,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malen Justin R $616,000
Previous Owner Gomperts Philip $383,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2014 08/07/14 Sold $770,000 -1.2% $502 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $779,000 -- $508 / 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 $11,052 $907,269 $562,979 $344,290
2023 $10,840 $889,481 $551,941 $337,540
2022 $10,335 $872,041 $541,119 $330,922
2021 $10,204 $854,943 $530,509 $324,434
2019 $9,896 $829,587 $514,775 $314,812
2018 $9,869 $813,322 $504,682 $308,640
2016 $9,435 $781,742 $485,086 $296,656
2015 $9,297 $770,000 $477,800 $292,200
2014 $9,458 $765,481 $534,796 $230,685
Source: Public Records

Agents Affiliated with this Home

  • Henry Ho

    Seller's Agent in 2014

    Henry Ho

    Help-U-Sell Westside Realty

    Section Image
  • Chase Campen

    Buyer's Agent in 2014

    Chase Campen

    Compass

    (323) 788-4663

    35 Total Sales

    Chase Campen
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-769879

The MLS

APN: 4321-010-156

California Los Angeles County Los Angeles 90025 West Los Angeles

1948 Malcolm Ave Unit 306, Los Angeles, CA

This home is located at 1948 Malcolm Ave Unit 306, Los Angeles, CA 90025 since 17 June 2014 and is currently estimated at $1,130,531, approximately $736 per square foot. This property was built in 2001. 1948 Malcolm Ave Unit 306 is a home located in Los Angeles County with nearby schools including Daniel Webster Middle School, Westwood Charter School, and Ralph Waldo Emerson Community Charter Middle School.

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