1948 Malcolm Ave Unit 406 Los Angeles, CA 90025
West Los Angeles NeighborhoodEstimated Value: $1,070,000 - $1,174,000
2
Beds
2
Baths
1,534
Sq Ft
$632/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- 0.48 Acre Lot
- Contemporary Architecture
- Gated Parking
- Open Floorplan
- Marble Flooring
About This Home
As of April 2024Experience the allure of this updated top floor Penthouse, an updated 2-bedroom, 2-bathroom unit graced by abundant natural light in a stunning contemporary building erected in 2001. Upon entering the formal foyer, discover an expansive open floor plan, where the living room beckons with a gas fireplace and access to a charming west-facing balcony with newly installed sliding glass doors. The adjacent dining area seamlessly flows into the gourmet kitchen, boasting a breakfast bar, stainless steel appliances, including a gas range and built-in microwave, and a cozy breakfast room or dining area. The generous master suite, a true retreat, boasts new sliding glass doors leading to a balcony with panoramic treetop vistas, a custom-built walk-in closet, and an opulent marble-finished master bathroom with dual basins, a separate bathtub, and a shower. The second bedroom offers not one but two closets, providing ample storage space. A side-by-side laundry area complete with storage cabinets adds practicality to your daily life. Noteworthy features include hardwood flooring, recessed lighting, central air conditioning and heating, and a wired alarm system for added peace of mind. This pet-friendly abode includes earthquake insurance and covers water within its HOA dues, with the added convenience of guest parking. This unit has it's own dedicated HVAC and water heater systems. Nestled in an ideal locale just a few blocks away from Westwood Blvd's vibrant retail and dining scene, as well as the prestigious UCLA and bustling Century City, this residence is also within the sought-after Westwood Charter School district. With every detail considered, this property is truly move-in ready, offering a unique opportunity to embrace the California lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,405
Year Built
- Built in 2001 | Remodeled
Lot Details
- West Facing Home
HOA Fees
- $632 Monthly HOA Fees
Parking
- 2 Car Garage
- Tandem Parking
- Gated Parking
- Guest Parking
- Assigned Parking
- Controlled Entrance
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 1,534 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Crown Molding
- Recessed Lighting
- Gas Fireplace
- Formal Entry
- Living Room with Fireplace
- Dining Room
- Prewired Security
- Property Views
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
- Granite Bathroom Countertops
- Double Vanity
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Living Room Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Water Heater
- Water Purifier
Listing and Financial Details
- Assessor Parcel Number 4321-010-163
Community Details
Overview
- Association fees include earthquake insurance, water, sewer, water and sewer paid, trash, building and grounds
- 25 Units
Amenities
- Trash Chute
- Elevator
- Lobby
Pet Policy
- Pets Allowed
Security
- Card or Code Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2024
Closed on
Apr 23, 2024
Sold by
Castanos Bryan
Bought by
Babak Shaghafi Revocable Trust and Shahriar Shaghafi Revocable Trust
Seller's Agent
Ross Weinstein
Compass
Buyer's Agent
Parnian Noroozi
Keller Williams Beverly Hills
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Total Days on Market
30
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,173
Avg. Annual Appreciation
-0.79%
Purchase Details
Closed on
Dec 8, 2022
Sold by
Castanos Family Revocable Trust
Bought by
Castanos Bryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Jul 9, 2019
Closed on
Jul 24, 2019
Sold by
Nusinow Noah and Nusinow Hillary
Bought by
Castanos Antonio and Castanos Charito
Seller's Agent
Chad Lund
Douglas Elliman
Buyer's Agent
Ross Weinstein
Compass
List Price
$989,000
Sold Price
$1,041,000
Premium/Discount to List
$52,000
5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Purchase Details
Closed on
Dec 12, 2016
Sold by
Nusinow Noah and Nusinow Hillary
Bought by
Nusinow Noah and Nusinow Hillary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 25, 2016
Closed on
Aug 11, 2016
Sold by
Becourtney Lowell and The Lowell Becourtney Revocabl
Bought by
Nusinow Noah and Nusinow Hillary
Seller's Agent
Mark Rogo
Compass
Buyer's Agent
Cecile Billauer Gifford
Berkshire Hathaway HomeServices California Properties
List Price
$835,000
Sold Price
$860,000
Premium/Discount to List
$25,000
2.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$625,500
Interest Rate
3.43%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 16, 2010
Sold by
Becourtney Lowell
Bought by
Becourtney Lowell and Lowell Becourtney Revocable Tr
Purchase Details
Closed on
Oct 18, 2007
Sold by
Atkinson Ian S and Atkinson Kelly S
Bought by
Becourtney Lowell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 16, 2004
Sold by
Tabari Liv Nina
Bought by
Atkinson Ian S and Atkinson Kelly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2001
Sold by
Majestic Woods Corp
Bought by
Tabari Liv Nina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
7%
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Babak Shaghafi Revocable Trust | $1,150,000 | California Best Title | |
| Castanos Bryan | $1,000,000 | Accommodation/Courtesy Recordi | |
| Castanos Antonio | $1,041,000 | Stewart Title Of Ca Inc | |
| Nusinow Noah | -- | Fidelity National Title | |
| Nusinow Noah | $860,000 | Equity Title Company | |
| Becourtney Lowell | -- | None Available | |
| Becourtney Lowell | $755,000 | Equity Title Company | |
| Atkinson Ian S | $631,500 | California Title | |
| Tabari Liv Nina | $489,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Castanos Bryan | $650,000 | |
| Previous Owner | Nusinow Noah | $625,500 | |
| Previous Owner | Nusinow Noah | $625,500 | |
| Previous Owner | Becourtney Lowell | $343,000 | |
| Previous Owner | Becourtney Lowell | $363,000 | |
| Previous Owner | Becourtney Lowell | $380,000 | |
| Previous Owner | Becourtney Lowell | $415,000 | |
| Previous Owner | Atkinson Ian S | $241,850 | |
| Previous Owner | Atkinson Ian S | $505,000 | |
| Previous Owner | Tabari Liv Nina | $445,000 | |
| Previous Owner | Tabari Liv Nina | $391,200 | |
| Closed | Tabari Liv Nina | $48,900 | |
| Closed | Atkinson Ian S | $63,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $1,150,000 | -8.0% | $750 / Sq Ft |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 03/11/2024 03/11/24 | For Sale | $1,250,000 | +20.1% | $815 / Sq Ft |
| 08/30/2019 08/30/19 | Sold | $1,041,000 | +5.3% | $679 / Sq Ft |
| 07/09/2019 07/09/19 | For Sale | $989,000 | +15.0% | $645 / Sq Ft |
| 09/19/2016 09/19/16 | Sold | $860,000 | +1.2% | $561 / Sq Ft |
| 08/17/2016 08/17/16 | Price Changed | $850,000 | +1.8% | $554 / Sq Ft |
| 07/25/2016 07/25/16 | For Sale | $835,000 | -- | $544 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $12,405 | $1,020,000 | $550,800 | $469,200 |
| 2023 | $13,296 | $1,094,274 | $754,324 | $339,950 |
| 2022 | $12,675 | $1,072,819 | $739,534 | $333,285 |
| 2021 | $12,517 | $1,051,784 | $725,034 | $326,750 |
| 2019 | $10,579 | $894,744 | $567,018 | $327,726 |
| 2018 | $10,549 | $877,200 | $555,900 | $321,300 |
| 2016 | $9,498 | $794,000 | $523,000 | $271,000 |
| 2015 | $9,499 | $794,000 | $523,000 | $271,000 |
| 2014 | $8,550 | $698,000 | $460,000 | $238,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ross Weinstein
Seller's Agent in 2024
Ross Weinstein
Compass
(310) 363-0929
1 in this area
34 Total Sales
-
Parnian Noroozi
Buyer's Agent in 2024
Parnian Noroozi
Keller Williams Beverly Hills
(310) 488-2158
4 in this area
13 Total Sales
-
Chad Lund
Seller's Agent in 2019
Chad Lund
Douglas Elliman
(310) 801-2641
71 in this area
179 Total Sales
-
Patty Best
Seller Co-Listing Agent in 2019
Patty Best
Douglas Elliman
(310) 339-8002
26 in this area
73 Total Sales
-
Mark Rogo
Seller's Agent in 2016
Mark Rogo
Compass
(213) 280-6415
1 in this area
59 Total Sales
-
Lynn M Rogo
L
Seller Co-Listing Agent in 2016
Lynn M Rogo
Compass
(310) 230-5478
1 in this area
51 Total Sales
Map
Source: The MLS
MLS Number: 24-366827
APN: 4321-010-163
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.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 1948 Malcolm Ave Unit 303
- 1951 Malcolm Ave Unit 201
- 1935 Malcolm Ave Unit 201
- 1914 Selby Ave Unit 302
- 1925 Overland Ave Unit 202
- 1825 Selby Ave Unit 102
- 2030 Overland Ave
- 1828 Glendon Ave Unit 102
- 2115 Selby Ave
- 2119 Overland Ave
- 2135 Overland Ave
- 1850 Midvale Ave Unit 4
- 1745 Selby Ave Unit 15
- 1917 Kelton Ave
- 1717 Malcolm Ave Unit 303
- 2012 Veteran Ave
- 1818 Kelton Ave Unit 101
- 1880 Veteran Ave Unit 308
- 2212 Midvale Ave
- 1917 Veteran Ave
- 1948 Malcolm Ave Unit 101
- 1948 Malcolm Ave Unit 405
- 1948 Malcolm Ave Unit 403
- 1948 Malcolm Ave Unit 402
- 1948 Malcolm Ave Unit 401
- 1948 Malcolm Ave Unit 307
- 1948 Malcolm Ave Unit 306
- 1948 Malcolm Ave Unit 304
- 1948 Malcolm Ave Unit 302
- 1948 Malcolm Ave Unit 301
- 1948 Malcolm Ave Unit 206
- 1948 Malcolm Ave Unit 205
- 1948 Malcolm Ave Unit 204
- 1948 Malcolm Ave Unit 406
- 1948 Malcolm Ave Unit 404
- 1948 Malcolm Ave Unit 305
- 1948 Malcolm Ave Unit 104
- 1948 Malcolm Ave Unit 203
- 1948 Malcolm Ave Unit 202
- 1948 Malcolm Ave Unit 201