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3035 Malcolm Avenue, Los Angeles, California 90034, Los Angeles, 90034 - 2 bed, 1 bath

3035 Malcolm Avenue, Los Angeles, California 90034 home-pic-0
ACTIVE UNDER CONTRACT$999,000
3035 Malcolm Avenue, Los Angeles, California 90034
2Beds
1Bath
905Sqft
5,829Lot

Price Vs. Estimate

The estimated value ($979,987.99) is $19,012.01 (1%) lower than the list price ($999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime West LA Location: Unbeatable location in Westside Village, one of West LA's most sought-after neighborhoods, offering exceptional central access to major freeways (405 & 10).
Top Cons:
Extensive Renovation Required: Explicitly described as a 'fixer opportunity,' indicating that significant investment and effort will be needed for modernization, repairs, and bringing the property up to contemporary standards.

Compared to the nearby listings

Price:$999.0K vs avg $1.62M ($-626,000)4%
Size:905 sqft vs avg 1,742 sqft6%
Price/sqft:$1.1K vs avg $98976%

More Insights

Built in 1941 (84 years old).
Condition: Built in 1941, this property is explicitly marketed as a 'fixer opportunity' requiring 'significant investment and effort for modernization, repairs.' The kitchen features outdated cabinets, countertops, backsplash, and older appliances (except for a newer refrigerator). The bathroom is very dated with an old vanity, Hollywood-style lighting, and older tile work. Flooring includes worn, dated teal carpet and terracotta-style tiles. The ADU also shows very dated finishes like wood paneling and an old wall heater. While not a tear-down, the property requires substantial rehabilitation to meet contemporary living standards, aligning with the 'poor' condition criteria.
Year Built
1941
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$1,104
HOA
-
Days on market
-
Sold On
-
MLS number
225005918
Home ConditionPoor
Features
Patio
View-

About this home

Fixer opportunity in an unbeatable location! Experience classic Los Angeles living in this charming Westside Village home, ideally positioned in one of West LA's most sought-after neighborhoods. This property offers 905 sq ft, including 2 bedrooms, 1 bath, 1 car garage and a fully separate attached ADU perfect for guests, an office, gym or flexible living space.The interior features a living room, dining room, family room, and indoor laundry closet, while the 5,829 sq ft lot provides a delightful, private cottage-style backyard with mature landscaping and endless potential for outdoor enjoyment.With an exceptional central location, this home offers the lifestyle and convenience that make Westwood and Westside Village so desirable. Enjoy quick access to the 405 and 10 freeways, This is an incredible opportunity to customize a home in one of Los Angeles' most coveted neighborhoods.

Price History

Date
Event
Price
03/29/95
Sold
$240,000
Condition Rating
Poor
Built in 1941, this property is explicitly marketed as a 'fixer opportunity' requiring 'significant investment and effort for modernization, repairs.' The kitchen features outdated cabinets, countertops, backsplash, and older appliances (except for a newer refrigerator). The bathroom is very dated with an old vanity, Hollywood-style lighting, and older tile work. Flooring includes worn, dated teal carpet and terracotta-style tiles. The ADU also shows very dated finishes like wood paneling and an old wall heater. While not a tear-down, the property requires substantial rehabilitation to meet contemporary living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime West LA Location: Unbeatable location in Westside Village, one of West LA's most sought-after neighborhoods, offering exceptional central access to major freeways (405 & 10).
Income/Flexibility with ADU: Includes a fully separate attached ADU, providing versatile space for guests, an office, gym, or potential rental income, significantly enhancing property value and utility.
Customization & Value-Add Potential: Marketed as a 'fixer opportunity,' it presents an incredible chance for buyers to customize and add significant value in a highly desirable Los Angeles area.
Generous Lot Size: A 5,829 sq ft lot offers a private cottage-style backyard with mature landscaping and ample potential for outdoor expansion and enjoyment, a premium in urban settings.
Strong Neighborhood Appeal: Located in Westwood/Westside Village, known for its desirable lifestyle and convenience, attracting a strong buyer pool and ensuring long-term demand.

Cons

Extensive Renovation Required: Explicitly described as a 'fixer opportunity,' indicating that significant investment and effort will be needed for modernization, repairs, and bringing the property up to contemporary standards.
Limited Interior Space: The main residence offers a relatively small 905 sq ft, which may feel constrained for some buyers, especially given the high price point for the area.
Low Bathroom Count: With only one bathroom for the main 2-bedroom home, it falls short of modern expectations and could be a significant inconvenience for occupants and a deterrent for potential buyers.

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