2367 Malcolm Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 3 bed, 2 bath
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2367 Malcolm Avenue
Los Angeles, California 90064
ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
3Beds
2Baths
1,576Sq Ft
6,626Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,693,724
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,800,000—positioned well above the $1,693,724 Fair Market Value by 6%. While the price reflects the premium location, the 6,626 sq ft lot offers significant development upside. With a Condition Rating of 6, this as-is fixer requires substantial capital to unlock its full potential. The proximity to the Metro Expo Line and UCLA Research Park ensures long-term demand. This is a strategic acquisition for Real Estate Developers or Buy-and-Hold Investors.
Estimated Market Value
$1,693,724
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2367 Malcolm Avenue Subject | $1,800,000* List Price | 3 | 2 | 1,576 | $1,075 | - |
A 2540 Prosser Avenue Sold | $2,118,000 | 4 | 2 | 1,762 | $1,202 | 0.6 mi |
B 2361 Overland Avenue Sold | $1,711,000 | 0 | 0 | 1,299 | $1,317 | 0.1 mi |
C 2831 Haddington Drive Sold | $2,150,000 | 2 | 2 | 1,675 | $1,284 | 1.0 mi |
D 2816 S Bentley Avenue Sold | $1,320,000 | 3 | 2 | 1,443 | $915 | 0.8 mi |
E 2861 Dunleer Place Sold | $1,737,500 | 2 | 2 | 1,687 | $1,030 | 0.7 mi |
F 10308 Keswick Avenue Sold | $1,975,000 | 4 | 3 | 1,807 | $1,093 | 0.9 mi |
G 10448 Cheviot Drive Sold | $2,055,000 | 2 | 2 | 1,973 | $1,042 | 0.9 mi |
H 2320 Greenfield Avenue Active | $1,595,000 List Price | 3 | 2 | 1,730 | $922 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1932 (>50 years old) with no evidence of recent renovations. The listing explicitly markets the property as a 'development opportunity' and 'as-is fixer' for 'new construction,' indicating the value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated just blocks from the Metro Expo Line and UCLA’s Research Park, offering exceptional transit access and proximity to major institutional growth hubs.
- Development Potential
With a 6,626 sq ft lot in a high-demand Westside pocket, this site presents a rare opportunity for lucrative new construction or a significant footprint expansion.
- High Market Velocity
Moving to 'Active Under Contract' status in just three days, the property demonstrates intense investor demand and strong liquidity within the Westwood/Century City submarket.
CONSRISKS & DEFICIENCIES
- As-Is Fixer Condition
The property is being sold in its current distressed state, requiring a total renovation or demolition, which necessitates substantial additional capital and construction expertise.
- Functional Obsolescence
Built in 1932 and lacking any scenic views, the existing structure likely features outdated systems and a layout that does not meet modern luxury living standards.
About 2367 Malcolm Avenue
Prime residential development opportunity on a 6,626 sq ft lot in one of the Westside's most sought-after pockets. This as-is fixer offers a rare chance to build new construction or maximize the existing 3-bedroom, 2-bathroom footprint in a location defined by long-term upside. Situated 2 blocks from the Metro Expo Line and steps from UCLA's growing Research Park development, this address sits at the intersection of institutional growth, transit access, and Westside demand fundamentals investors have been chasing for years.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1932
- Lot Size
- 6,626 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,576 | 1,664.159 |
| Lot Size | 6,626 | 6,066.556 |
| Price | $1.80M | $1.35M |
| Price per sq ft | $1.1K | $806 |
| Built year | 1932 | 1939 |
| HOA | $0 | $278 |
| Days on market | 27 | 55 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,800,000
Initial Listing