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938 Malcolm Avenue

938 Malcolm Avenue, Los Angeles, CA 90024
Property in Westwood
Sold Jan 10, 2012
$2,900,000
$597,000 by Cashcall Inc
Mortgage Due Jun 01, 2028
Sold Aug 10, 1993
$1,200,000
$780,000 by Crestview Financial Group
Mortgage Due Sep 01, 2023
Local assessors in Los Angeles, CA have categorized 938 Malcolm Avenue as a residential type of property. The home was built in 1935 and is 89 years old. It was most recently renovated and altered in 1948. The property's lot size has been calculated to be 8,222 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 20 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 938 Malcolm Avenue has a total of 4,397 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 2, 2011 for $2,900,000. That's $659.54 per sqft. Prior to that sales transaction, the property was also sold in Aug 6, 1993 for $1,200,000. 938 Malcolm Avenue was last assessed in 2023. The total value of the property was assessed at $2,758,632. Specifically, the land the property is located on was valued at $1,551,354. While improvements on the property were assessed at a total of $1,207,278. 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 $32,153. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1935
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,222
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,397
  • Building Area: 4,397
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,397
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 9070
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 9070 LOT/SEC 7 BLK/DIV/TWN 11

Ownership

  • Current Owner : CONG JINGSHENG JASON
  • Current Owner 2: CHANG JING
  • Previous Owner : ROSIN CHARLES
  • Previous Owner 2: ROSIN KAREN
  • Owner Before Previous Owner: STERN GERALD M
  • Owner Before Previous Owner 2: STERN LINDA STONE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 265203

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 41-E2
  • Subdivision Tract Number: 9070
  • Parcel: 4360-005-007
  • Block: 11
  • Lot: 7
  • Municipality: WEST /BELAIR/HOLMBY H
  • Latitude: 34.0627
  • Longitude: -118.44

    Address

  • Full Address: 938 Malcolm Ave
  • Address - House Number: 938
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C093
  • 4-Digit Zip Code: 3114
  • Zip Code: 90024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,153
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 5,051,761
  • High Value: 6,025,941
  • Low Value: 4,077,582

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $911,000
  • First Open Lien Mortgage Lender: CASHCALL INC
  • First Open Lien Mortgage Recording Date: May 24, 2013
  • First Open Lien Mortgage Loan Amount: $597,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2028
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: Mar 30, 2021
  • Second Open Lien Mortgage Loan Amount: $314,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,758,632
  • Assessed Land Value: $1,551,354
  • Assessed Improvements Value: $1,207,278

    Sales

  • Current Sale Contract Date: Nov 02, 2011
  • Current Sale Recording Date: Jan 10, 2012
  • Current Sale Transaction ID: 1031915720
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-0039581
  • Previous Sale Recording Date: Aug 10, 1993
  • Previous Sale Contract Date: Aug 06, 1993
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 10, 2012
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: CRESTVIEW FINANCIAL GROUP
  • Previous Mortgage Transaction Date: Aug 10, 1993
  • Previous Mortgage Loan Amount: $780,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2023

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 938 Malcolm Avenue located in?
The 938 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 938 Malcolm Avenue?
The average sales price for units in 938 Malcolm Avenue is $0 currently.

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