3035 Malcolm, Los Angeles, California 90034, Los Angeles, 90034 - 3 bed, 2 bath
Loading property details...
Los Angeles, California 90034
This Westside Village Development Asset represents a Prime Investment Opportunity with a List Price of $1,399,000—positioned well below the $1,427,755 Fair Market Value by 2%. This valuation gap provides $28,755 in Instant Equity for buyers ready to capitalize on the included architectural plans for a 2,100 sqft expansion and detached ADU. Despite a Poor Condition Rating, the 6,000 sqft lot and proximity to $3,000,000+ neighboring properties ensure significant ROI potential. This project is ideal for Fix-and-Flip Investors or Builders seeking a high-equity Westside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3035 Malcolm Subject | $1,419,850* List Price | 3 | 2 | 1,700 | $851 | - |
A 3132 Glendon Sold | $1,546,500 | 3 | 2 | 1,516 | $1,020 | 0.1 mi |
B 3457 Greenfield Avenue Sold | $1,045,000 | 3 | 1 | 1,132 | $923 | 0.6 mi |
C 3173 S Bentley Avenue Sold | $1,305,000 | 3 | 1 | 1,249 | $1,045 | 0.5 mi |
D 3507 Military Avenue Sold | $1,198,500 | 3 | 1 | 1,111 | $1,079 | 0.7 mi |
E 10724 Tabor Active | $1,180,000 List Price | 3 | 2 | 1,651 | $715 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, the property is explicitly marketed as a 'TLC' project or a builder's opportunity. The kitchen and bathrooms feature significantly outdated cabinetry, tiling, and fixtures that do not meet modern standards. The inclusion of architectural plans for a total expansion and the listing's own analysis citing 'Significant Renovation Required' and 'Aged Infrastructure' justify a poor condition rating.
Situated in the prestigious Westside Village with neighboring properties valued over $3,000,000, offering significant equity growth and investment potential.
The sale includes submitted architectural plans for a 2,100 sq ft expansion and a detached ADU, providing a massive head start for builders or homeowners looking to customize.
Includes a legally permitted detached studio with a bathroom, effectively creating a 3-bedroom, 2-bathroom footprint that offers immediate flexibility for guests or a home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 905. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2026-02-05. The sold price is $1,100,000.00.
The property is explicitly noted as needing 'TLC,' indicating that substantial immediate capital investment is necessary to address deferred maintenance and aesthetic updates.
BACK ON MARKET! FULLY APPROVED PLANS TO BE READY IN JULY, AND THE HOME WILL NO LONGER BE FOR SALE ONCE APPROVED (SELLER WILL REMODEL/BUILD), SO THIS IS A GREAT TIME TO BUY, WITH ONLY A BRIEF WAIT, UNTIL PLANS ARE FULLY APPROVED! Exceptional Opportunity in Westside Village – A Prime Investment! Discover a rare chance to own a property in one of Los Angeles' most sought-after neighborhoods, Westside Village! The primary home spans 1,500 square feet and features 2 bedrooms,1 bathroom and a 1-car garage. In addition, there is a 225 square foot detached studio in the rear yard (legally permitted as a playroom), complete with an extra bathroom, effectively increasing the total living space to over 1,700 square feet, accommodating a total of 3 bedrooms and 2 bathrooms! This home is ideally located on a tranquil street, directly across from a respected private elementary school, and easy access to either the 10 or 405 freeways. With some TLC this residence presents a unique opportunity for both prospective homeowners looking to customize their dream space, as well as builders eager to capitalize on its potential, as it is nestled among properties that have sold as high as $3,700,000, including the next-door neighbor, at $2,900,000 last year! Set on a generous 6,000 square foot lot, this property is enveloped by mature trees, ensuring complete privacy and a serene atmosphere. Furthermore, the current owner has already submitted plans to enhance this residence into a stunning 2100sf single level, 4 Bedroom and 3 Bathroom home (which includes a detached 420sf ADU) These architectural plans are scheduled to be fully approved no later than July 2026, and will be included in the sale at buyers request, allowing the new owner the flexibility to modify them in ANY WAY desired. Don’t miss out, the seller WILL remodel and re-list for $2,649,000 if the plans are approved before the home sells! Any addition in square footage beyond the planned 2,100sf will also dramatically increase the resale value. Price per/sf has already exceeded $1,300 only 1 block away! This is an incredible opportunity to make your mark in Westside Village!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,700 | 1,637 | 59% |
| Lot Size | 5,829 | 5,829 | 50% |
| Price | $1.42M | $1.62M | 33% |
| Price per sq ft | $835 | $1.0K | 16% |
| Built year | 1941 | 1944 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 138 | 22% |
Apr 10, 2026
$1,419,850
$1,399,000
+1% Price Increase
Initial Listing
Mar 15, 2026
$1,399,000
Initial Listing
Feb 5, 2026
$1,100,000
Public Record
Mar 29, 1995
$240,000
Public Record