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1621 Malcolm Ave, Los Angeles, CA 90024
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1621 Malcolm Ave Los Angeles, CA 90024

$8,200,000 Sold Price as of 11/03/2021
  • 30 Beds
  • 30 Baths
  • 12,600 Sq.Ft.
Sold
$8,200,000 Sold Price as of 11/03/2021 Refinance Your Mortgage
Map preview of 1621 Malcolm Ave, Los Angeles, CA 90024

Property Overview: 1621 Malcolm Ave Los Angeles, CA has 30 bedrooms, 30 bathrooms, 12,600 living square feet and 6,087 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Designed to satisfy your high-end values, The Malcolm is now available For Sale. This brand new construction features 4 units with private elevator access into each. All units are over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef's kitchen and professional appliances, detailed interior finishes and loads of closet space. The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm is a unique Trophy Property like no other in prime Westwood Village with minimal maintenance costs.

Listed by Catherine Shakib Kamran | BRE #01216928 | Keller Williams Beverly Hills
Co-listed by Abtin Missaghi | BRE #01362813 | Keller Williams Beverly Hills
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 255

Home details

Lot Sq. Ft
6,087
HOA Dues
$0/mo
Year built
2019
Garage
10 Car
Property Type:
Multi Family
Status
Sold
MLS#
21675690
City
Los Angeles
County
Los Angeles
Time on Site
1262 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $8,652
  • Total Rent: $8,652
  • Pro Forma/Market Rent: $9,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $8,500
  • Total Rent: $8,500
  • Pro Forma/Market Rent: $9,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $8,250
  • Total Rent: $8,250
  • Pro Forma/Market Rent: $8,750
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $9,500
  • Total Rent: $9,500
  • Pro Forma/Market Rent: $10,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.25
  • Gross Scheduled Income: --
  • Net Operating Income: $289,090
  • Gross Operating Income: $418,824
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $2,000
  • New Taxes: $110,000
  • Trash: $6,700
  • Gardener: $1,200
  • Insurance: $3,500
  • Maintenance: $3,000
  • Water/Sewer: $600

Virtual Tour

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Property Details for 1621 Malcolm Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Family Room, Gas, Living Room
Room Information
  • Flooring: Tile, Wood
  • Walk-In Pantry, Utility Room, Walk-In Closet, Master Bathroom, Living Room, Den
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Built-In, Convection Oven, Gas Cooktop, Oven, Range Hood, Range
Interior Features
  • Elevator, High Ceilings, Intercom, Living Room Balcony, Open Floorplan
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 10
Property Information
  • Total # of Units: 4
  • Parcel Number: 4325026021
  • Accessibility Features: Customized Wheelchair Accessible, Parking, No Interior Steps, Other
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Westwood-North of Santa Monica
View more facts & features

Local Los Angeles Agent

Sale History for 1621 Malcolm Ave

Last sold for $8,200,000 on November 3rd, 2021

  • November, 2021

  • Nov 3, 2021

    Date

    Canceled

    CRMLS: 21785682

    $10,500

    Price

  • Sep 27, 2021

    Date

    Active

    CRMLS: 21785682

    $10,500

    Price

  • Listing provided courtesy of CRMLS

    This gorgeous penthouse unit at the Malcolm is now available for lease. Designed to satisfy your high-end values, this new construction features a private elevator and exclusive access into each unit, over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef's kitchen and professional appliances, detailed interior finishes and loads of closet space The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm offers privacy, location, luxury and convenience. Available December 1.

  • June, 2021

  • Jun 30, 2021

    Date

    Price Change

    CRMLS: 21675690

    $8,475,000

    Price

  • Jan 5, 2021

    Date

    Active

    CRMLS: 21675690

    $8,975,000

    Price

  • January, 2021

  • Jan 5, 2021

    Date

    Canceled

    CRMLS: 20557496

    $9,500,000

    Price

  • Jan 5, 2021

    Date

    Withdrawn

    CRMLS: 20557496

    $9,500,000

    Price

  • Feb 26, 2020

    Date

    Active

    CRMLS: 20557496

    $9,500,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2020

  • Mar 1, 2020

    Date

    Expired

    CRMLS: 19517570

    $9,900,000

    Price

  • Nov 22, 2019

    Date

    Withdrawn

    CRMLS: 19517570

    $9,900,000

    Price

  • Oct 4, 2019

    Date

    Active

    CRMLS: 19517570

    $9,900,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2019

  • Oct 4, 2019

    Date

    Leased

    CRMLS: 19500358

    $8,250

    Price

  • Aug 16, 2019

    Date

    Active

    CRMLS: 19500358

    $8,250

    Price

  • Listing provided courtesy of CRMLS

    Designed to satisfy your high-end values, The Malcolm is now available for viewing and lease. This brand new construction features a private elevator and exclusive access into each unit, over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef's kitchen and professional appliances, detailed interior finishes and loads of closet space The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm offers location, luxury and convenience.

  • August, 2019

  • Aug 13, 2019

    Date

    Price Change

    CRMLS: 19472480

    $8,400

    Price

  • Jul 24, 2019

    Date

    Price Change

    CRMLS: 19472480

    $8,250

    Price

  • May 31, 2019

    Date

    Active

    CRMLS: 19472480

    $9,400

    Price

  • Listing provided courtesy of CRMLS

    Designed to satisfy your high-end values, The Malcolm is now available for viewing and lease. This brand new construction features a private elevator and exclusive access into each unit, over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef's kitchen and professional appliances, detailed interior finishes and loads of closet space The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm offers location, luxury and convenience.

  • November, 2013

  • Nov 21, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

  • April, 2010

  • Apr 20, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1621 Malcolm Ave

Assessed Value (2020): $4,814,043
Year Land Value Improved Value Assessed Value
2020 $2,017,611 $2,796,432 $4,814,043

Home Value Compared to the Market

This property vs the competition

1621 Malcolm Ave sold on November 3, 2021 for 565.23% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $672.62 per/sqft which puts the price per square foot 14.97% lower than the current median sale per square foot for the city of Los Angeles.

About 1621 Malcolm Ave

Detailed summary of property

1621 Malcolm Ave is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 30 bedrooms, 30 bathrooms, roughly 12,600 living square feet, and sits on an approximately 6,087 square foot lot. 1621 Malcolm Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $8,200,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 565.23% higher than the current median priced home. Local homes that are currently for sale include 2041 N Vermont Ave, 4233 Burns Ave and 2121 W 11th St. While the average home in Los Angeles, CA is selling in 100 days, 1621 Malcolm Ave has a days on market of 255 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1621 Malcolm Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1621 Malcolm Ave

Public county record property details
Beds
3
Baths
2
Year built
1937
Sq. Ft.
1,417
Lot Size
6,087
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
4325-026-021

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,325,000
Median Sold Price/Sq.Ft.
$793
Total Inventory
176
Median Sale to List Price %
98.22%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (24%), Other (8%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1621 Malcolm Ave

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1700 Malcolm Ave, Los Angeles, CA 90024
$5,125,000 Last Sold Price
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1700 Malcolm Ave
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10793 Ohio Ave, Los Angeles, CA 90024
$3,500,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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