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2223 Malcolm Avenue

2223 Malcolm Avenue, Los Angeles, CA 90064
Property in Westside
Sold Jul 10, 2023
$3,445,000
$2,755,820 by Citibank, Na
Mortgage Due Aug 01, 2053
Sold May 02, 2013
$1,900,000
$1,100,000 by Jmac Lending Inc
Mortgage Due May 01, 2043
2223 Malcolm Avenue in Los Angeles, CA was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Spanish style. It is a single story home. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2223 Malcolm Avenue has 3,222 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,406 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of gravel/rock. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2223 Malcolm Avenue sold most recently in Jun 29, 2023 for a total of $3,445,000. If you work out the math, that's approximately a cost of $1,069.21 per sqft. Before that, the property was also sold for $1,900,000 in Apr 15, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $26,013 in taxes each year. 2223 Malcolm Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,248,851. If we break it down further, the land itself was valued at $1,479,508. Improvements to the property, however, were assessed at a total of $769,343. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,406
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,222
  • Building Area: 3,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,222
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5609
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5609 NW 40 FT OF LOT/SEC 13 BLK/DIV/TWN 58

Ownership

  • Current Owner : KIKUTA JEFFREY
  • Current Owner 2: KIKUTA JANE
  • Previous Owner : DAVID AND GRACE LEE REVOCABLE TRUST
  • Owner Before Previous Owner: FORESTVALE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 267800

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-F4
  • Subdivision Tract Number: 5609
  • Parcel: 4320-001-045
  • Block: 58
  • Lot: 13
  • Municipality: WEST /WESTWOOD SOUTH
  • Latitude: 34.0442
  • Longitude: -118.43

    Address

  • Full Address: 2223 Malcolm Ave
  • Address - House Number: 2223
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 2023
  • Zip Code: 90064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,013
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,835,811
  • High Value: 3,469,518
  • Low Value: 2,202,104

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,755,820
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Jul 10, 2023
  • First Open Lien Mortgage Loan Amount: $2,755,820
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,248,851
  • Assessed Land Value: $1,479,508
  • Assessed Improvements Value: $769,343

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Transaction ID: 11908916620
  • Current Sale Price: $3,445,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 447430
  • Previous Sale Recording Date: May 02, 2013
  • Previous Sale Contract Date: Apr 15, 2013
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Jul 10, 2023
  • First Mortgage Loan Amount: $2,755,820
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: JMAC LENDING INC
  • Previous Mortgage Transaction Date: May 02, 2013
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 2223 Malcolm Avenue located in?
The 2223 Malcolm Avenue is a located in the neighborhood of Westside in West Los Angeles, Los Angeles.
What is the average sales price for listings in 2223 Malcolm Avenue?
The average sales price for units in 2223 Malcolm Avenue is $0 currently.

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