1 month on rocket

Sale Pending

3123 Malcolm Ave, Los Angeles, CA, 90034

$1,750,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
2,226 SqFt
$786/SqFt
House
Schools Nearby

Location

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3123 Malcolm Ave, Los Angeles$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Attached GarageYes
Year Built1940
HeatingCentral
CoolingNone
FireplaceLiving Room
ViewNone
MLS #24369941
Lot Size0.19 Acres
StatusSale Pending
(Pending)

About 3123 Malcolm Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Stories: 1
  • Living Area: 2,226 SqFt

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (888) 584-9427
  • Listing Agent: Vida Ash

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Tile, Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Palms Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Clover Avenue Elementary School, Public District 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: South East of National Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $786/SqFt

Tax Information:

  • Annual Amount: $1,839
  • Tax Year: 2021
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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

3123 Malcolm Ave vs Los Angeles

37 DAYS ON ROCKET

+3 Days

$1,750,000

+$774K More

$786/SqFt

+$158 More

KEY TAKEAWAY

This property is $774K more than the Median Sold Price and $158/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: #24369941

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (888) 584-9427
  • Listing Agent: Vida Ash

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: 4/27/2024, 9:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,839$137,431
2020$1,787$136,023
2019$1,709$133,357
2018$1,676$130,743
2017$1,676$128,180

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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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-1155003
8
/10
  • Clover Avenue Elementary School

  • 11020 Clover Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-1155004
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.68 miles

  • Public Magnet Grades KG-6

school-card-donut-1155005
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.82 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1155006
7
/10
  • Palms Middle School

  • 10860 Woodbine St

  • 0.41 miles

  • Public Magnet Grades 6-8

school-card-donut-1155007
4
/10
  • Studio

  • 2211 W Avenue 30

  • 11.67 miles

  • Public District Grades 6-8

High School

school-card-donut-1155008
6
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 2.69 miles

  • Public Magnet Grades 9-12

school-card-donut-1155009
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 11.87 miles

  • Public Magnet Grades 9-12

school-card-donut-1155010
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.17 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,841. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is 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 3123 Malcolm Ave

What is the listing price of this property?

The listing price of 3123 Malcolm Ave property is $1,750,000.

What type of property is this?

The property 3123 Malcolm Ave is a house located in Los Angeles, California, 90034.

Is this property for sale now?

Sale Pending: 3123 Malcolm Ave 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 3123 Malcolm Ave are:
Clover Avenue Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Palms Middle School: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,839 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3123 Malcolm Ave has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3123 Malcolm Ave is 2,226 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3123 Malcolm Ave is 1940.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900343123 Malcolm Ave

This home is located at 3123 Malcolm Ave in Los Angeles, CA and zip code 90034 in the Westside Village neighborhood. This 2,226 square foot home, which was built in 1940, sits on a 0.19 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,750,000.

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. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

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

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