1 month on rocket

Sale Pending

1948 Malcolm Ave Unit 406, Los Angeles, CA, 90025

$1,250,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,534 SqFt
$815/SqFt
Condo
Schools Nearby

Location

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1948 Malcolm Ave Unit 406, Los Angeles$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Covered, Garage, Guest, Gated, Tandem
Garage2 spaces
Year Built2001
HeatingCentral
CoolingCentral Air
FireplaceGas, Gas Starter, Living Room
MLS #24366827
Lot Size0.48 Acres
StatusSale Pending
(Pending)

About 1948 Malcolm Ave Unit 406

Experience the allure of this updated top floor Penthouse, an updated 2-bedroom, 2-bathroom unit graced by abundant natural light in a stunning contemporary building erected in 2001. Upon entering the formal foyer, discover an expansive open floor plan, where the living room beckons with a gas fireplace and access to a charming west-facing balcony with newly installed sliding glass doors. The adjacent dining area seamlessly flows into the gourmet kitchen, boasting a breakfast bar, stainless steel appliances, including a gas range and built-in microwave, and a cozy breakfast room or dining area. The generous master suite, a true retreat, boasts new sliding glass doors leading to a balcony with panoramic treetop vistas, a custom-built walk-in closet, and an opulent marble-finished master bathroom with dual basins, a separate bathtub, and a shower. The second bedroom offers not one but two closets, providing ample storage space. A side-by-side laundry area complete with storage cabinets adds practicality to your daily life. Noteworthy features include hardwood flooring, recessed lighting, central air conditioning and heating, and a wired alarm system for added peace of mind. This pet-friendly abode includes earthquake insurance and covers water within its HOA dues, with the added convenience of guest parking. This unit has it's own dedicated HVAC and water heater systems. Nestled in an ideal locale just a few blocks away from Westwood Blvd's vibrant retail and dining scene, as well as the prestigious UCLA and bustling Century City, this residence is also within the sought-after Westwood Charter School district. With every detail considered, this property is truly move-in ready, offering a unique opportunity to embrace the California lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2001
  • Stories: 0
  • Living Area: 1,534 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: Ross Weinstein

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Range Hood, Water Purifier, Dryer, Washer
  • Flooring Type: Carpet, Wood
  • Interior: Balcony, Crown Molding, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
  • Fireplace: Gas, Gas Starter, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Controlled Entrance, Covered, Garage, Guest, Gated, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • University Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Ralph Waldo Emerson Middle School, Public District Grades 6-8
  • Daniel Webster Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Westwood Charter Elementary School, Public Charter Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North of Olympic Blvd., West of Overland Avenue, East of Westwood Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $815/SqFt

HOA Fees:

  • Amount: $632
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1948 Malcolm Ave Unit 406 vs Los Angeles

49 DAYS ON ROCKET

+15 Days

$1,250,000

+$274K More

$815/SqFt

+$187 More

KEY TAKEAWAY

This property is $274K more than the Median Sold Price and $187/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24366827

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: Ross Weinstein

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3573702
9
/10
  • Westwood Charter Elementary School

  • 2050 Selby Ave

  • 0.13 miles

  • Public Charter Grades KG-5

school-card-donut-3573703
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.58 miles

  • Public Magnet Grades KG-6

school-card-donut-3573704
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 15.40 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3573705
6
/10
  • Ralph Waldo Emerson Middle School

  • 1650 Selby Ave

  • 0.44 miles

  • Public District Grades 6-8

school-card-donut-3573706
4
/10
  • Daniel Webster Middle School

  • 11330 Graham Pl

  • 1.27 miles

  • Public District Grades 6-8

school-card-donut-3573707
4
/10
  • Studio

  • 2211 W Avenue 30

  • 11.88 miles

  • Public District Grades 6-8

High School

school-card-donut-3573708
5
/10
  • University Senior High School

  • 11800 Texas Ave

  • 1.58 miles

  • Public Magnet Grades 9-12

school-card-donut-3573709
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 10.66 miles

  • Public Magnet Grades 9-12

school-card-donut-3573710
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 12.65 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,565. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1948 Malcolm Ave Unit 406

What is the listing price of this property?

The listing price of 1948 Malcolm Ave Unit 406 property is $1,250,000.

What type of property is this?

The property 1948 Malcolm Ave Unit 406 is a condo located in Los Angeles, California, 90025.

Is this property for sale now?

Sale Pending: 1948 Malcolm Ave Unit 406 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1948 Malcolm Ave Unit 406 are:
Westwood Charter Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Ralph Waldo Emerson Middle School: GreatSchools Rating 6/10
Daniel Webster Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
University Senior High School: GreatSchools Rating 5/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1948 Malcolm Ave Unit 406 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1948 Malcolm Ave Unit 406 is 1,534 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1948 Malcolm Ave Unit 406 is 2001.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900251948 Malcolm Ave Unit 406

This home is located at 1948 Malcolm Ave Unit 406 in Los Angeles, CA and zip code 90025 in the The Westside neighborhood. This 1,534 square foot home, which was built in 2001, sits on a 0.48 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $1,250,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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