Check Availability
$1,575,000 - $1,925,000
House - In Contract

3123 Malcolm Ave

Los Angeles, CA 90034
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2226 Sqft
Transfer

About This Property

POTENTIAL !! Are you looking for the perfect home to completely reimagine. The Possibilities are boundless. Whether you're inclined to embark on a complete expansion or craft an entirely new architectural masterpiece, the canvas is yours to create. This quintessential Diamond in the Rough fixer-upper has currently 5 bedrooms, 2 baths with 2226 living square feet on an 8409-oversize lot. The property is nestled in the highly coveted Mar Vista, West Side Village neighborhood, short distance to Clover Elementary school. The front part of the house past the kitchen is on a raised foundation that consists of a living room, dining room, 2 bedrooms and a bathroom, and in 1962 they added 3 bedrooms, one bath and a den which is on a slab. In 1968, they added the final bedroom ( with the exterior door) and the redwood deck. This house is just a short distance away from the best dining, shopping, and entertainment options that Mar Vista, Santa Monica, and Venice have to offer. Overall, this property represents a promising investment opportunity due to its prime location. Don't miss out on the chance to make this property your own and unlock its full potential. This property is being SOLD strictly As-Is- and no credits or repairs will be considered.

The manager has listed the unit size as 2226 square feet.
Unit Size
2,226Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$786
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
Listed By

Price History

Date / Event Date Event Price
Apr 24, 2024 In contract -
In contract
Mar 21, 2024 Listed $1,750,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,406
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11966
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 11966 LOT/SEC 71

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 271704

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 42-A5
  • Subdivision Tract Number: 11966
  • Parcel: 4254-009-019
  • Lot: 71
  • Municipality: WEST /PALMS
  • Latitude: 34.0291
  • Longitude: -118.419

    Address

  • Full Address: 3123 Malcolm Ave
  • Address - House Number: 3123
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 3406
  • Zip Code: 90034

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,878
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 1,799,835
  • High Value: 2,220,516
  • Low Value: 1,379,153

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,982
  • Assessed Land Value: $67,836
  • Assessed Improvements Value: $75,146

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,094 ft²
$953/ft²
$1,995,000 Sep 20, 2023
-
-
House
3 Beds
2 Baths
2,063 ft²
$969/ft²
$1,999,999 Feb 8, 2024
-
-
House
3 Beds
2.5 Baths
1,869 ft²
$1,030/ft²
$1,925,000 Apr 4, 2024
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 3123 Malcolm Avenue built and last sold?
The property at 3123 Malcolm Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3123 Malcolm Avenue is $1,767,500.
What are some comparable homes to 3123 Malcolm Avenue?
Homes that are comparable to 3123 Malcolm Avenue include a house property at 3188 South Bentley Avenue, 2901 Glendon Avenue, 3431 Greenfield Avenue.

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