NOT LISTED FOR SALE

1948 Malcolm Ave Unit 403 Los Angeles, CA 90025

West Los Angeles Neighborhood

Estimated Value: $1,153,000 - $1,352,597

3 Beds
2 Baths
1,662 Sq Ft
$518/mo HOA Fee

Last Sold April 13, 2017

Last sale price $1,100,000 $662 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,449/month

18 Days on Market

Highlights

  • Penthouse
  • City Lights View
  • Mediterranean Architecture
  • Automatic Gate
  • 20,901 Sq Ft lot
  • Home Office

About This Home

As of April 2017

Tastefully done 3 bedroom, 2 bathroom penthouse in a prime Westwood location, drenched in natural light with versatile appeal. The ample entry leads you to the generous living room with fireplace & spacious sunny balcony with cityscape rooftop views. Open style granite kitchen with stainless steel appliances, including gas cook-top, built-in microwave & gorgeous wood cabinets. Adjacent dining area. Master suite with lovely master bath, walk-in closet & balcony. Good sized 2nd bedroom with large closet and built in desk. 3rd bedroom currently being used as a large office with considerable built-ins for working at home. Travertine floors and carpet in the bedrooms, recessed lights & crown moldings throughout. Plantation shutters, Washer & Dryer in closet, Side by side parking. Come home to this quiet Mediterranean courtyard style building & timeless environment. Close to Westwood Charter Elementary School, shops and restaurants. First showing Broker's Open Tues. 2-21.

Last Agent to Sell the Property

Mark Rogo

Compass License #01423795 Listed on: 02/16/2017

Compass

Co-Listed By

Lynn M Rogo

Compass License #01337553

Last Buyer's Agent

Patty Best

Douglas Elliman License #01371145

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,108

Year Built

  • Built in 2001

Lot Details

  • 0.48

HOA Fees

  • $518 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Mountain

Home Design

  • Penthouse
  • Mediterranean Architecture

Interior Spaces

  • 1,662 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4321-010-160

Community Details

Overview

  • 25 Units
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,108

Year Built

Built in 2001

Lot Details

0

HOA Fees

$518 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Malcolm Villas
  • Entry Floor: 4
  • Living Area: 1662
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2001
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Travertine
  • Appliances: Built-Ins, Cooktop - Gas, Free Standing Gas, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 628.76

Exterior Features

  • Balcony: 2
  • Tennis Court Y/N: No
  • Exposure: south east
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Door Opener, Gated Underground, Parking for Guests, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Fire and Smoke Detection System, Fire Sprinklers
  • Sewer: In Street

Association/Amenities

  • Amenities: Controlled Access, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 518.40
  • HOA: Yes
  • Unit Location: corner

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4321-010-160
  • Geocode Override: No
  • Lot Size Area: 20901

Multi Family

  • Number Of Units: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 14, 2017
Sold by
Cohen Nanci W and Cohen Family Trust
Bought by
Berman Merie L
Seller's Agent
Mark Rogo
Compass
Buyer's Agent
Patty Best
Douglas Elliman
List Price
$1,045,000
Sold Price
$1,100,000
Premium/Discount to List
$55,000
5.26%
Total Days on Market
18
Current Estimated Value
$1,257,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,149
Avg. Annual Appreciation
1.03%
Original Mortgage
$880,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2001
Sold by
Majestic Woods Corp
Bought by
Cohen Nanci
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
Berman Merie L $1,100,000 Equity Title Company
Cohen Nanci $490,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berman Merle L $821,000
Closed Berman Merie L $880,000
Previous Owner Cohen Nanci $274,000
Previous Owner Cohen Nanci $100,000
Previous Owner Cohen Nanci $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $1,100,000 +5.3% $662 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $1,045,000 -- $629 / 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 $15,108 $1,251,606 $878,856 $372,750
2023 $14,814 $1,227,066 $861,624 $365,442
2022 $14,119 $1,203,007 $844,730 $358,277
2021 $13,942 $1,179,419 $828,167 $351,252
2019 $13,518 $1,144,439 $803,604 $340,835
2018 $13,484 $1,122,000 $787,848 $334,152
2016 $5,670 $472,382 $236,191 $236,191
2015 $5,586 $465,288 $232,644 $232,644
2014 $5,608 $456,174 $228,087 $228,087
Source: Public Records

Agents Affiliated with this Home

  • Mark Rogo

    Seller's Agent in 2017

    Mark Rogo

    Compass

    (213) 280-6415

    1 in this area

    59 Total Sales

    Mark Rogo
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lynn M Rogo

    Compass

    (310) 230-5478

    1 in this area

    51 Total Sales

    Lynn M Rogo
    Section Image
  • Patty Best

    Buyer's Agent in 2017

    Patty Best

    Douglas Elliman

    (310) 339-8002

    26 in this area

    72 Total Sales

    Patty Best
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-202566

The MLS

APN: 4321-010-160

California Los Angeles County Los Angeles 90025 West Los Angeles

1948 Malcolm Ave Unit 403, Los Angeles, CA

This home is located at 1948 Malcolm Ave Unit 403, Los Angeles, CA 90025 since 16 February 2017 and is currently estimated at $1,257,149, approximately $756 per square foot. This property was built in 2001. 1948 Malcolm Ave Unit 403 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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