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2320 Malcolm Avenue

2320 Malcolm Avenue, Los Angeles, CA 90064
Property in Westside
Sold Mar 26, 2020
$3,300,000
$1,000,000 by Daniel F Kaplan Revocable Trus
Mortgage
Sold Mar 30, 2018
$3,133,000
$2,506,400 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2048
2320 Malcolm Avenue in Los Angeles, CA was first built in 2018 and is 6 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 Tudor style. It is a single story home. There are a total of 6 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 2320 Malcolm Avenue has 3,708 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 490 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 6,616 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. 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 condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central 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. The property was last sold in Mar 13, 2020 for $3,300,000. That's $889.97 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 2018 for $3,133,000. 2320 Malcolm Avenue was last assessed in 2023. The total value of the property was assessed at $3,468,887. Specifically, the land the property is located on was valued at $2,103,407. While improvements on the property were assessed at a total of $1,365,480. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $40,013. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,616
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 490
  • Total Building Area: 3,708
  • Building Area: 3,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 5609
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5609 LOT/SEC 5 BLK/DIV/TWN 68

Ownership

  • Current Owner : SOLOWAY BRIAN A
  • Current Owner 2: SOLOWAY EMILY KAPLAN
  • Previous Owner : FRANK LINDA S
  • Owner Before Previous Owner: CASPIAN PLACE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

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: 4320-004-078
  • Block: 68
  • Lot: 5
  • Municipality: WEST /WESTWOOD SOUTH
  • Latitude: 34.043
  • Longitude: -118.428

    Address

  • Full Address: 2320 Malcolm Ave
  • Address - House Number: 2320
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 2206
  • Zip Code: 90064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,013
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 3,427,962
  • High Value: 4,209,454
  • Low Value: 2,646,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: DANIEL F KAPLAN REVOCABLE TRUS
  • First Open Lien Mortgage Recording Date: Mar 26, 2020
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,468,887
  • Assessed Land Value: $2,103,407
  • Assessed Improvements Value: $1,365,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 26, 2020
  • Current Sale Transaction ID: 11751671500
  • Current Sale Price: $3,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0352156
  • Previous Sale Recording Date: Mar 30, 2018
  • Previous Sale Contract Date: Mar 22, 2018
  • Previous Sale Amount: $3,133,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: DANIEL F KAPLAN REVOCABLE TRUS
  • First Mortgage Transaction Date: Mar 26, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 30, 2018
  • Previous Mortgage Loan Amount: $2,506,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 2320 Malcolm Avenue located in?
The 2320 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 2320 Malcolm Avenue?
The average sales price for units in 2320 Malcolm Avenue is $0 currently.

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