SOLDJUL 26, 2023
1416 Malvern Ave
Los Angeles, CA 90006
Pico-Union
5 Beds
4 Baths
3,135 sqft
- 5 Beds
- 4 Baths
- 3,135 sqft
$800,000
Last Sold: Jul 26, 2023
6% below list $849K
$255/sqft
Est. Refi. Payment $5,119/mo*
$800,000
Last Sold: Jul 26, 2023
6% below list $849K
$255/sqft
Est. Refi. Payment $5,119/mo*
5 Beds
4 Baths
3,135 sqft
Homes for Sale Near 1416 Malvern Ave
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Troy Kiem DRE # 01973615, New Investment Realty- Kay Kyung Park DRE # 01268123, Dream Realty & Investments Inc
- 'Amy'Mi Soon Kim DRE # 02063096, Hanbada Realty Inc.
- Armin Soleimani DRE # 01846872, Global Platinum Properties, Inc.
- Davis Saadian DRE # 01921748, Carolwood Estates
- Shiva Mehrdad DRE # 01279649, Power Brokers
See more homes for sale inLos AngelesTake a look
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Local Information
© Google
-- mins to
Commute Destination
Description
This property is no longer available to rent or to buy. This description is from July 27, 2023
PRICE REDUCED TO FAST SELL!!! Well Maintenance 4 Unit Income property, located on of most desired rental place, within minutes of DTLA, Korea town and USC. New Pavement , New Roofing with City Permit (2018), New Exterior Paint with City Permit (2021), Foundation Repaired(2019) and with light remodeling all units. Rent can be raised up to 7%. All utilities are paid by the owner. See attached for CAP/GRM One of units is belongs to Section 8. The property located "ALVARADO TERRACE HISTORIC DISTRICT PARK(cozy and cleaned)" is a designated historic district in the Pico-Union district of Los Angeles. $400 is the storage rental income as M-T-M.
Home Highlights
Parking
1 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$255/sqft
Listed
180+ days ago
Home Details for 1416 Malvern Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3135 Square Feet |
Appliances & Utilities Appliances: DisposalDisposal |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2 |
Exterior Features |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 1Parking: Assigned |
Property Information |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
|---|
Price List Price: $849,000Price Per Sqft: $255/sqft |
Status Change & Dates Off Market Date: Wed Jun 21 2023 |
Active Status |
|---|
MLS Status: Sold |
Location |
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Direction & Address City: Los Angeles |
Building |
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Building Area Building Area: 3135 Square Feet |
Lot Information |
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Lot Area: 6364.116 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 23-272875 |
Last check for updates: about 12 hours ago
Listed by Eui Chang DRE # 01722361, (213) 800-2760
The H Realty, (818) 495-5432
Bought with: Judy Lin Young DRE # 01914120, (626) 215-4466, RubyHome Corporation
Source: CLAW, MLS#23-272875
Price History for 1416 Malvern Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/26/2023 | $800,000 | Sold | CLAW #23-272875 |
| 04/17/2017 | $610,000 | Sold | CLAW #16137206 |
| 10/05/2016 | $610,000 | Sold | N/A |
| 09/25/2012 | $330,000 | Sold | N/A |
| 09/30/2005 | $67,500 | Sold | N/A |
| 06/22/2005 | $648,000 | Sold | N/A |
| 06/17/2004 | $485,000 | Sold | N/A |
| 12/03/2001 | $185,000 | Sold | N/A |
| 06/07/1999 | $186,797 | Sold | N/A |
| 07/17/1998 | $165,000 | Sold | N/A |
| 05/19/1998 | $125,100 | Sold | N/A |
| 05/20/1997 | $246,500 | Sold | N/A |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $8,700 |
| Assessment | $680,761 |
Home facts updated by county records
Comparable Sales for 1416 Malvern Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $850,000 | 06/09/23 | 5 | 5 | 4,218 | |
0.04 | Multi-Family Home | $1,190,000 | 08/24/23 | 4 | 4 | 2,498 | |
0.20 | Multi-Family Home | $1,000,000 | 08/08/23 | 16 | 6 | 3,084 | |
0.39 | Multi-Family Home | $970,000 | 08/11/23 | 5 | 2 | 2,316 | |
0.52 | Multi-Family Home | $1,225,000 | 01/11/24 | 5 | 3 | 2,418 | |
0.61 | Multi-Family Home | $959,000 | 09/08/23 | 4 | 3 | 2,705 | |
0.49 | Multi-Family Home | $800,000 | 03/21/24 | 3 | 3 | 2,128 | |
0.70 | Multi-Family Home | $810,000 | 05/20/23 | 4 | 5 | 2,604 |
Assigned Schools
These are the assigned schools for 1416 Malvern Ave.
- West Adams Preparatory High School
- 9-12
- Public
- 1151 Students
3/10GreatSchools RatingParent Rating Average5 starts plus definitely my daughter will come in a year to West AdamsParent Review7y ago - Berendo Middle School
- 6-8
- Public
- 680 Students
4/10GreatSchools RatingParent Rating AverageOverall, this school provides a lot of programs to promote, not only learning, but also the opportunity for students to growth as a person while getting a rigorous education while promotion university enrollment for their future.Principal Review4y ago - Magnolia Avenue Elementary School
- K-5
- Public
- 682 Students
4/10GreatSchools RatingParent Rating AverageThis school is so terrible, esp. if you have children with special needs, there is no such thing as tolerance and empathy taught at this school, the teachers are mostly apathetic. The only time my child experienced teachers who cared who the substitute teachers! Not mention the cafeteria staff, they'll make rude little comments about the kids right in front of the parents. So glad I got them out of there! Btw, if your child doesn't speak an ounce of Spanish expect them to be ostracized by the student body and the staffParent Review1y ago 
Check out schools near 1416 Malvern Ave.
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Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Pico-Union
- Trulia User
- Resident
- 8mo ago
"Not nearly enough parks or areas for dogs to socialize with other, and so much trash on the street sidewalks. The scarce grassy areas are covered in fleas. "
- Trulia User
- Resident
- 10mo ago
"To be safe always and use areas that have good lighting and try to avoid having to run errands late . The skyline is very nice when you’re looking the street vendors have lots of good deals and options to support local business owners "
- Trulia User
- Resident
- 10mo ago
"Terrible The traffic is terrible at certain times. I am looking to move closer to my job so that I don’t spend unnecessary time wasted in traffic. I believe that traffic is always bad during rush hours in the greater Los Angeles area "
- Trulia User
- Resident
- 1y ago
"There are not that many dog parks per neighborhood. So mainly it’s just side walks and regular parks. "
- Trulia User
- Resident
- 1y ago
"my area has great commute and I love it and I like to be around at least safe environment and I like how everything is "
- Trulia User
- Resident
- 2y ago
"been living in pico/union area since 2012 , is like every neighborhood. we have everything near restaurants , market , liquor store , busses , schools , clinics , hospital , gas stations , banks , ect. "
- Trulia User
- Resident
- 2y ago
"we have some good restaurants , stores , markets , schools , gas stations .. friendly neighbors .. this is a safe neighborhood .. been living in this neighborhood since 2012 .. "
- Mr.144719036
- Resident
- 3y ago
"neighborhood is good for walking , there a lot of business open late .. been living in this neighborhood since 2012 , never had any problems .. "
- Carmen G.
- Visitor
- 4y ago
"No parks or grass area close to walk through . To many homeless people and drug addicted people asking for money "
- Karla R. .
- Resident
- 4y ago
"Nothing is special about this neighborhood everything is kind of dangerous and nothing is in good conditions but i just used to living here"
- Mr.144719036
- Resident
- 4y ago
"my neighborhood is safe , friendly people. I been living in this neighborhood since 2012 , I haven't had a problem. "
- Mr.144719036
- Resident
- 4y ago
"area is much better now , good neighbors , friendly , restaurants , laundry , liquor , bus stops , schools , car dealers .. "
- Matrixalexandernavas
- Prev. Resident
- 4y ago
"Keep your kids of the streets, keep the kids from hanging out with gangs in the neighborhood. It’s not a bad area "
- Castillotroyarmy
- Resident
- 4y ago
"Convince to DTLA Nightlife restaurants and freeway access (5/10/110/101/60 FWYS) USC and dodger stadium."
- Ruthlane91o
- Resident
- 4y ago
"To close to downtown, homeless, sirens, loud music, helicopters.. it’s just way to much. No parking for visitors of people who live here. Not kid friendly parks in neighborhood. "
- Mr.144719036
- Resident
- 4y ago
"friendly neighbor's , there all kinds of business , schools , restaurants , parks , public transportation .. "
- Sandro.oliboni
- Resident
- 5y ago
"one the ugli factor is that there are many homeless around tthe highway bridge but for the rest is fine"
- Nikolai
- Resident
- 5y ago
"Excellent location; Staples Center and LA live walking distance. We have been living in Pico Union for the past 3 years and noticing that the area is getting cleaned up. Definitely night and day compare to 10-15 years ago that for fact."
- Derek S.
- Resident
- 5y ago
"The diversity of people and it’s unique history. It’s close proximity to LA Live, Staples Center along with local mom and pop stores and restaurants makes it a unique neighborhood. The area has a lot of potential and will only get better/safer with time. "
- spieringpaul
- Resident
- 5y ago
"Vibrant, safe, convenient to park and lake, subway, Langer's deli, DTLA. Lot's of new developments in the area. Gentrification finally happening."
- Tubanater123
- Resident
- 5y ago
"this neighborhood is dangerous m I've lived here all my life and have seen it go downhill ever since. truly is a shame that it's so expensive and depressing "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 1416 Malvern Ave
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Off Market Homes Near 1416 Malvern Ave
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- SOLDAPR 26, 2024Erica Lockhart DRE # 01763313, Compass
- SOLDAPR 26, 2024Lorraine Getz DRE # 01413936, Compass
- SOLDAPR 25, 2024James Talbot DRE # 02056223, Berkshire Hathaway HomeServices California Properties
- SOLDAPR 24, 2024Richard Schulman DRE # 01427211, KW Advisors
- See more homes for sale inLos AngelesTake a look
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1416 Malvern Ave, Los Angeles, CA 90006 is a 5 bedroom, 4 bathroom, 3,135 sqft multi-family built in 1915. 1416 Malvern Ave is located in Pico-Union, Los Angeles. This property is not currently available for sale. 1416 Malvern Ave was last sold on Jul 26, 2023 for $800,000 (6% lower than the asking price of $849,000). The current Trulia Estimate for 1416 Malvern Ave is $841,400.