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1700 Malcolm Ave, Los Angeles, CA 90024
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1700 Malcolm Ave Los Angeles, CA 90024

$5,125,000 Sold Price as of 04/22/2022
  • 18 Beds
  • 16 Baths
  • 10,084 Sq.Ft.
Sold
$5,125,000 Sold Price as of 04/22/2022 Refinance Your Mortgage
Map preview of 1700 Malcolm Ave, Los Angeles, CA 90024

Property Overview: 1700 Malcolm Ave Los Angeles, CA has 18 bedrooms, 16 bathrooms, 10,084 living square feet and 6,938 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Michael Sterman | BRE #01911703 | Marcus & Millichap
Co-listed by Jeffrey Louks | BRE #00908473 | Marcus & Millichap
Last checked: 1 minute ago | Last updated: November 18th, 2022 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
6,938
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21100109
City
Los Angeles
County
Los Angeles
Time on Site
976 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,662
  • Total Rent: $10,650
  • Pro Forma/Market Rent: $15,400
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,959
  • Total Rent: $11,878
  • Pro Forma/Market Rent: $15,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $2,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.59
  • Gross Scheduled Income: --
  • Net Operating Income: $182,661
  • Gross Operating Income: $306,929
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1700 Malcolm Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 8
  • Parcel Number: 4325024001
Location / Neighborhood
Location Information
  • Directions: On the corner of Malcolm Ave and Massachusetts Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1700 Malcolm Ave

Last sold for $5,125,000 on April 22nd, 2022

  • April, 2022

  • Apr 22, 2022

    Date

    Sold

    CRMLS: 21100109

    $5,125,000

    Price

  • Oct 25, 2021

    Date

    Active

    CRMLS: 21100109

    $5,600,000

    Price

  • April, 2022

  • Apr 17, 2022

    Date

    Expired

    CRMLS: 22119337

    $4,975

    Price

  • Jan 17, 2022

    Date

    Active

    CRMLS: 22119337

    $4,975

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE THIS NEWLY RENOVATED 3 bed / 2 bath apartment with WASHER/DRYER in unit. Renovations include new white kitchen cabinets with stunning quartz counter tops and stainless steel appliances including a large side-by-side refrigerator/freezer, stove, dishwasher and microwave oven. Additional renovations include French Oak wood style flooring throughout the apartment home. The 2 bathrooms have also been completely renovated with new vanities, tiled showers, lighting, and fixtures. All of the bedrooms are large with great closet space. There is a large patio for outdoor enjoyment. The property has an Excellent location near UCLA, Century City, Santa Monica, Brentwood Beverly Hills and close to the 405 freeway, shopping, dining, and other facets of entertainment. Owner pays for water, sewer and trash. A small dog or cat is ok.

  • January, 2022

  • Jan 15, 2022

    Date

    Expired

    CRMLS: 21795848

    $5,150

    Price

  • Oct 15, 2021

    Date

    Active

    CRMLS: 21795848

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE THIS NEWLY RENOVATED 3 bed / 2 bath apartment with WASHER/DRYER in unit. Renovations include new white kitchen cabinets with stunning quartz counter tops and stainless steel appliances including a large side-by-side refrigerator/freezer, stove, dishwasher and microwave oven. Additional renovations include French Oak wood style flooring throughout the apartment home. The 2 bathrooms have also been completely renovated with new vanities, tiled showers, lighting, and fixtures. All of the bedrooms are large with great closet space. There is a large patio for outdoor enjoyment. The property has an Excellent location near UCLA, Century City, Santa Monica, Brentwood Beverly Hills and close to the 405 freeway, shopping, dining, and other facets of entertainment. Owner pays for water, sewer and trash. A small dog or cat is ok.

  • September, 2021

  • Sep 13, 2021

    Date

    Price Change

    CRMLS: 21772148

    $3,571

    Price

  • Aug 12, 2021

    Date

    Active

    CRMLS: 21772148

    $3,895

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE THIS NEWLY RENOVATED TOP FLOOR 2 bed/2bath apartment with WASHER/DRYER in unit. Renovations include new white kitchen cabinets with stunning quartz counter tops and stainless steel appliances including a large side-by-side refrigerator/freezer, stove, dishwasher and microwave oven. Additional renovations include French Oak wood style flooring throughout the apartment home. The 2 bathrooms have also been completely renovated with new vanities, tiled showers/bath, lighting, and fixtures. All of the bedrooms are large with great closet space. There is a large balcony for outdoor enjoyment. The property has an Excellent location near UCLA, Century City, Santa Monica, Brentwood Beverly Hills and close to the 405 freeway, shopping, dining, and other facets of entertainment. Owner pays for water, sewer and trash. A small dog or cat is ok. Monthly net rental shall be $3,571, which includes one month free rent on initial 12 month lease, amortized monthly.

  • August, 2021

  • Aug 25, 2021

    Date

    Leased

    CRMLS: 21763700

    $3,000

    Price

  • Aug 12, 2021

    Date

    Price Change

    CRMLS: 21763700

    $2,750

    Price

  • Jul 21, 2021

    Date

    Active

    CRMLS: 21763700

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Offering 1-month free rent! Completely Remodeled Gorgeous 1 bed - 2 bath unit with new kitchen which includes quartz counter tops, new white cabinets, black and stainless steel appliances including a large side-by-side refrigerator/freezer, stove, dishwasher and microwave oven. French Oak laminate wood flooring throughout the apartment. Beautifully large modern designed bathrooms with oversized glass enclosed showers. Large master bedroom with large walk-in closet. Large enclosed outside patio and beautiful new washer and dryer in the unit. The property has an Excellent location near UCLA, Century City, Santa Monica, Brentwood Beverly Hills and close to the 405 freeway, shopping, dining, and other facets of entertainment. Owner pays water and sewer. Monthly net rental shall be $2,750, which includes one month free rent on initial 12 month lease, amortized monthly.

  • August, 2021

  • Aug 4, 2021

    Date

    Canceled

    CRMLS: 21763674

    $4,995

    Price

  • Jul 21, 2021

    Date

    Active

    CRMLS: 21763674

    $4,995

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE THIS NEWLY RENOVATED TOP FLOOR 3 bed/2bath apartment with WASHER/DRYER in unit. Renovations include new white kitchen cabinets with stunning white quartz counter tops and black and stainless steel appliances including a large side-by-side refrigerator/freezer, stove, dishwasher and microwave oven. Additional renovations include French Oak wood style flooring throughout the apartment home. The 2 large bathrooms have also been completely renovated with new vanities, tiled showers/bath, lighting, and fixtures. All of the bedrooms are large with great closet space and mirrored closet doors brand new light ceiling fans. There is a large balcony for outdoor enjoyment. 2 tandem parking spaces provided. The property has an Excellent location near UCLA, Century City, Santa Monica, Brentwood Beverly Hills and close to the 405 freeway, shopping, dining, and other facets of entertainment. Owner pays for water, sewer and trash. A small dog or cat is ok.

  • July, 2019

  • Jul 11, 2019

    Date

    Sold

    CRMLS: 19445716

    $4,525,000

    Price

  • May 14, 2019

    Date

    Active Under Contract

    CRMLS: 19445716

    $4,600,000

    Price

  • Apr 24, 2019

    Date

    Price Change

    CRMLS: 19445716

    $4,600,000

    Price

  • Mar 21, 2019

    Date

    Active

    CRMLS: 19445716

    $4,695,000

    Price

  • Mar 19, 2019

    Date

    Hold

    CRMLS: 19445716

    $4,695,000

    Price

  • Mar 19, 2019

    Date

    Active

    CRMLS: 19445716

    $4,695,000

    Price

  • Listing provided courtesy of CRMLS

    1700 Malcolm Avenue is an 8-unit apartment building located in one of the most coveted rental markets of the Los Angeles MSA - Westwood.The building offers an excellent unit mix consisting mostly of two-bedroom apartments. One unit is one bathroom/two-bathroom, five are two-bedroom/two-bathroom units, and two are three-bedroom/two-bathroom units. The property, with 10,084 of rentable square feet on a 0.16-acre lot, features on-site parking and laundry facilities.Located on the Westside of Los Angeles, Westwood is one of the most sought out places to live in. Nearby neighborhoods include Holmby Hills, Wilshire Corridor, Bel Air, Brentwood, Beverly Hills, West Hollywood, & Santa Monica. The property is considered a Walker's Paradise with a Walk Score of 92/100 (meaning all errands can be done without a car) and is conveniently located right by the 405 Fwy.

  • July, 2019

  • Jul 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,525,000

    Price

  • October, 2018

  • Oct 1, 2018

    Date

    Expired

    CRMLS: 18334566

    $4,795,000

    Price

  • Jul 17, 2018

    Date

    Withdrawn

    CRMLS: 18334566

    $4,795,000

    Price

  • Apr 18, 2018

    Date

    Active

    CRMLS: 18334566

    $4,795,000

    Price

  • Listing provided courtesy of CRMLS

    1700 Malcolm Avenue presents an attractive investment opportunity to acquire a multifamily asset within desirable Westwood Submarket. Approximately 35% Upside in Rents Four Out of Eight Units Have Been Completely RenovatedEach Unit Has a Private Balcony or Patio

  • March, 2018

  • Mar 16, 2018

    Date

    Expired

    CRMLS: 17286174

    $3,950

    Price

  • Mar 9, 2018

    Date

    Withdrawn

    CRMLS: 17286174

    $3,950

    Price

  • Feb 21, 2018

    Date

    Price Change

    CRMLS: 17286174

    $3,950

    Price

  • Jan 31, 2018

    Date

    Price Change

    CRMLS: 17286174

    $4,150

    Price

  • Jan 4, 2018

    Date

    Price Change

    CRMLS: 17286174

    $4,250

    Price

  • Nov 22, 2017

    Date

    Price Change

    CRMLS: 17286174

    $4,500

    Price

  • Nov 2, 2017

    Date

    Active

    CRMLS: 17286174

    $4,750

    Price

  • Listing provided courtesy of CRMLS

    Extensively remodeled and spacious 3 bed unit in prime Westwood! Modern designer finishes include French Oak laminate wood flooring throughout, a kitchen complete with stainless steel appliances, Caesarstone counters and backsplashes, and new custom cabinetry. This unit features 2 updated bathrooms appointed with oversized showers, in unit laundry, a spacious patio, ample closets, and 2 parking spaces. Excellent location near UCLA, shopping, dining and other facets of entertainment.

  • April, 2017

  • Apr 17, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,350,000

    Price

Show More

Tax History for 1700 Malcolm Ave

Assessed Value (2020): $4,525,000
Year Land Value Improved Value Assessed Value
2020 $3,500,000 $1,025,000 $4,525,000

Home Value Compared to the Market

This property vs the competition

1700 Malcolm Ave sold on April 22, 2022 for 377.88% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $535.5 per/sqft which puts the price per square foot 28.98% lower than the current median sale per square foot for the city of Los Angeles.

About 1700 Malcolm Ave

Detailed summary of property

1700 Malcolm Ave is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 18 bedrooms, 16 bathrooms, roughly 10,084 living square feet, and sits on an approximately 6,938 square foot lot. 1700 Malcolm Ave was first listed on ArdentRealEstateGroup.com on October 28, 2021. The homeowner sold the property for $5,125,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 377.88% higher than the current median priced home. Local homes that are currently for sale include 1009 N Croft Ave, 1015 N Croft Ave and 7815 Melrose Ave. While the average home in Los Angeles, CA is selling in 99 days, 1700 Malcolm Ave has a days on market of 101 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1700 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 1700 Malcolm Ave

Public county record property details
Beds
17
Baths
16
Year built
1963
Sq. Ft.
10,084
Lot Size
6,937
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4325-024-001

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
$1,395,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,325,000
Median Sold Price/Sq.Ft.
$793
Total Inventory
175
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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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 1700 Malcolm Ave

1711 Malcolm Ave, Los Angeles, CA 90024
$3,145,000 Last Sold Price
14 Beds
6 Baths
7310 Sq.Ft.
1711 Malcolm Ave
Los Angeles, CA 90024
10762 Massachusetts Ave, Los Angeles, CA 90024
$2,650,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
10762 Massachusetts Ave
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1756 Glendon Ave, Los Angeles, CA 90024
$1,950,000 Last Sold Price
5 Beds
3 Baths
3415 Sq.Ft.
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1762 Glendon Ave, Los Angeles, CA 90024
$2,440,000 Last Sold Price
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14 Baths
4198 Sq.Ft.
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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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