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886 Malcolm Avenue

886 Malcolm Avenue, Los Angeles, CA 90024
Property in Westwood
Sold Feb 17, 2016
$2,900,000
Sold May 19, 2006
$2,050,000
$1,000,000 by Nationschoice Mortgage
Mortgage Due Jun 01, 2021
886 Malcolm Avenue in Los Angeles, CA was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 11 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. 886 Malcolm Avenue has 3,950 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 670 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 8,434 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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 D. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 886 Malcolm Avenue was last sold in Jan 15, 2016 for $2,900,000. According to our calculations, that's $734.18 per sqft. Prior to that sales transaction, the property was sold for $2,050,000 in Apr 21, 2006. Current property owners are expected to pay $38,262 in taxes per year. The property on 886 Malcolm Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,299,703. To break that down further, the land itself was valued at $2,639,763. While improvements to the property were assessed at a total of $659,940. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,434
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 670
  • Total Building Area: 3,950
  • Building Area: 3,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9070
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 9070 SW 6 FT MEASURED AT R/A TO SW LINE OF LOT 12 AND ALL OF LOT/SEC 13 BLK/DIV/TWN 6

Ownership

  • Current Owner : LIN HAI DONG
  • Previous Owner : OSTER MATT
  • Previous Owner 2: OSTER HEATHER
  • Owner Before Previous Owner: CHEN CHIEN WEN
  • Owner Before Previous Owner 2: CHEN HSIU JUNG YANG
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 265201

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-E1
  • Subdivision Tract Number: 9070
  • Parcel: 4360-008-013
  • Block: 6
  • Lot: 12
  • Municipality: WEST /BELAIR/HOLMBY H
  • Latitude: 34.0639
  • Longitude: -118.44

    Address

  • Full Address: 886 Malcolm Ave
  • Address - House Number: 886
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 3104
  • Zip Code: 90024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,262
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 4,589,426
  • High Value: 5,655,651
  • Low Value: 3,523,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,299,703
  • Assessed Land Value: $2,639,763
  • Assessed Improvements Value: $659,940

    Sales

  • Current Sale Contract Date: Jan 15, 2016
  • Current Sale Recording Date: Feb 17, 2016
  • Current Sale Transaction ID: 1437954481
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-0170482
  • Previous Sale Recording Date: May 19, 2006
  • Previous Sale Contract Date: Apr 21, 2006
  • Previous Sale Amount: $2,050,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STERLING BANK & TRUST FSB
  • First Mortgage Transaction Date: Feb 17, 2016
  • First Mortgage Loan Amount: $1,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSCHOICE MORTGAGE
  • Previous Mortgage Transaction Date: May 19, 2006
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2021

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 886 Malcolm Avenue located in?
The 886 Malcolm Avenue is a located in the neighborhood of Westwood in West Los Angeles, Los Angeles.
What is the average sales price for listings in 886 Malcolm Avenue?
The average sales price for units in 886 Malcolm Avenue is $0 currently.

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