1621 Malcolm Ave

Page 1

THE MALCOLM 1 6 2 1 M A LC O L M AV E


All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Studio City in compliance with all applicable fair housing and equal opportunity laws. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction


PAGE

5 8 12 14 24

Overview & Features Location Financial Summary Site Plan Contact



Designed to satisfy your high-en d values, The Malcolm is now available For Sale. This brand new construction features 4 units with private elevator access into each. All units are over 2800 square feet of single level living space, spectacular 3 bedroom, 3 bath en suite in addition to a powder room, spacious open floor plan with chef ’s kitchen and professional appliances, detailed interior finishes and loads of closet space. The exquisite rooftop deck is ultra private with stunning views. Private and secured building with underground gated parking. The Malcolm is a unique Trophy Property like no other in prime Westwood Village with minimal maintenance costs.


F EAT U R E S

1621 MALCOLM AVE LOS ANG EL E S , 9 0 0 2 4 P R ICE

$9,900,000

B L D G SQ F T

11,1 34

- Bra n d n ew con s t r u c t i on - E x tra l a rge 3 BR, 3. 5 BA un i t s - Se c u re d a n d pr i vate ent r y to each unit - En s u i te b at h rooms for eac h bedro o m - Al l Am e r i c an an d Ger man Pl umbing fixtures - Al l Bo s c h a ppl i an ces - El e c tro l u x was h er and dr yer - Al l Ita l i a n Ti l e - Ki tc h e n b a c kspl as h by Di esel - En g i n e e re d Fren c h Oak hardwood flo o rs - Ro of to p a ccess , l oun ge area an d sweeping views

YEAR B U ILT

2019

UNITS

4


PAG E 7

B O SC H 5 0 0 S E RI ES - S TAI NLES S STE E L

F LO O R IN G A N D T I LE


The Getty 40 e re 5F y wa

Brentwood Country Golf Course

Stone


The Los Angeles Country Club

Westwood

Westfield Century City

Fox Studios

1621 Malcolm Ave

40 5 ee Fr w ay

er Park

UCLA

Google Offices


LOCAT I ON

WESTWOOD

BEL AIR

BEVERLY HILLS

WEST LA

BRENTWOOD

CENTURY CITY


PAG E 11

WESTWOOD 90024

49,718

TOTAL POPULATION

91/100

WALKER’S PARADISE

$115,134.50 AVERAGE HOUSEHOLD INCOME

69/100 GOOD TRANSIT

22.7

MEDIAN AGE

73/100 VERY BIKEABLE

From the current terminus at Wilshire/Western, the Purple Line Extension will extend westward for about nine miles and add seven new stations providing easy access to the Westside, Los Angeles second-largest job center. Travel time between downtown Los Angeles and Westwood is expected to be about 25 minutes.


F I N A N CI A L SU M M A RY

ACTUAL INCOME: # Units 1 2 3 4

Type 3 BR 3 BR 3 BR 3 BR

TOTAL MONTHY INCOME:

Estimated Sq Ft 2,582 2,852 2850 2850

Current Rent $8,400 $8,250 $8,750 $9,500 $34,900


PAG E 13

ESTIMATED ANNUALIZED EXPENSES: Taxes Insurance Maintenance & Repairs Elevator Utilities/Phone Gardener Trash TOTAL EXPENSES

$ 123,750 $ 5,390 $ 3,140 $ 1,800 $ 3,500 $ 1,200 $ 3,000 $141,780 ($35,445 PER UNIT)


ite # te 1

S I T E PLA N

1ST LEVEL

Holman Avenue Neighboring Residences

BATHROOM 85 SF

BUILDING LOBBY

MAIL BOXES

WARDROBE

DN

WARDROBE

BEDROOM 165 SF

UP

ELEV.

PANTRY 47 SF

1

51 SF BATHROOM

BEDROOM 154 SF

KITCHEN 221 SF WH

DN

TANKLESS

DN

TO GARAGE W/D

TO GARAGE

STACK

CLOSET 82 SF

CLOSET 31 SF

FURN.

BALCONY 320 SF 41 SF BATHROOM

MASTER BEDROOM 438 SF

LIVING AREA 422 SF

PLANTER

WARDROBE

PATIO

FURN.

MASTER BATH 234 SF

WARDROBE

UP

RAMP DOWN

PLANTER

TO GARAGE

Gross Area 2,581.98

ea Analysis performed in accordance with ANSI/BOMA Z65.4 - 2010 Standard.

3

BE D S

L E AS E D AT

Residential Neighborhood Massachusetts Avenue

2,582 SQ F T

$8,400

3.5 BAT HS

/mo


DN

5'-6"

3'-10"

11'-11"

23'-4"

5'-3"

BUILDING LOBBY

BEDROOM

LIVING AREA

FURN.

PLANTER

WARDROBE

MASTER BEDROOM

BALCONY

19'-1" 8'-4" 3'-11"

7'-5" 19'-2"

16'-8"

15'-7"

8'-8" 6'-3"

WARDROBE

UP

19'-3"

4'-4"

1

4'-0" FURN.

5'-3"

21'-4"

TO GARAGE

Floor Plan

CLOSET 14'-1"

Project: C19-415

0

DN

34'-0"

STACK

4'-10"

PATIO

10

WARDROBE

3'-10"

W/D

10'-10"

4'-1"

6'-1"

5'-10" RAMP DOWN

PLANTER

Malcolm Grand Estates 1621 Malcolm Avenue Los Angeles, CA 90024

5'-3"

4'-7"

Malcolm Avenue

Residential Neighborhood Massachusetts Avenue

Client

TO GARAGE

5'-5"

Cardinal Equities, LLC 8665 Wilshire Boulevard Suite 410 Beverly Hills, CA 90211

Holman Avenue Neighboring Residences

CLOSET 8'-5"

24'-3" KITCHEN

4'-3" WH

5'-10"

1

7'-7" 6'-8"

TANKLESS

DN

6'-4"

4'-9"

BEDROOM 10'-2"

TO GARAGE

6'-4"

Scale

6'-2"

PANTRY

ELEV.

Floor

14'-0"

UP

7'-6"

12'-1"

16'-7"

16'-4"

Subject

7'-7" 10'-2"

MAIL BOXES

5'-2"

WARDROBE

10'-8"

Measured: April 2019

2DFLOORPLANS.COM 425-677-7511

Holman Avenue Neighboring Residences

600 NW Gilman Blvd. Suite E Issaquah, WA 98027

PAG E 15


S I T E PLA N

2ND LEVEL

PANTRY

Holman Avenue Neighboring Residences

CLOSET 45 SF BATHROOM 105 SF

BEDROOM 165 SF ELEV.

BALC. 67 SF

DN

KITCHEN 289 SF

UP

51 SF BATHROOM

BEDROOM 172 SF

BALCONY 53 SF

2 WH

TANKLESS

W/D STACK

CLOSET 82 SF

FURN.

FURN.

BALC. 57 SF

MASTER BEDROOM 437 SF

LIVING AREA 626 SF

WARDROBE

41 SF BATHROOM

MASTER BATH 232 SF UP

WARDROBE

DN

BALC. 28 SF

CLOSET 31 SF

Gross Area 2,851.66

3

BE D S

accordance with ANSI/BOMA Z65.4 - 2010 Standard.

L E AS E D AT

2,852 Residential Neighborhood Massachusetts Avenue

SQ F T

$8,250

3.5 BAT HS

/mo


PAG E 17 Holman Avenue Neighboring Residences

15'-3"

BEDROOM

8'-9"

12'-2"

16'-6"

11'-1" BALC.

KITCHEN ELEV.

DN

13'-8"

UP

6'-2"

4'-9" 6'-8"

11'-6"

4'-3" WH

5'-3"

2'-9"

3'-10"

BALCONY

CLOSET

5'-0"

8'-4"

2 TANKLESS

5'-10"

6'-2"

7'-7"

BEDROOM

4'-8"

Holman Avenue Neighboring Residences

5'-4"

PANTRY

CLOSET 8'-5"

11'-11"

11'-11"

W/D STACK

CLOSET

4'-1"

14'-1"

FURN.

50'-1" 4'-10"

5'-3"

8'-3" 3'-11"

FURN.

20'-0"

LIVING AREA

21'-4"

MASTER BEDROOM

19'-4" 7'-5"

15'-4"

4'-10"

9'-6"

19'-2"

WARDROBE

DN

11'-1"

3'-11"

Residential Neighborhood Massachusetts Avenue

6'-1"

UP

6'-4"

7'-2"

5'-10"

BALC.

BALC.

WARDROBE

30'-10" 9'-3"

2'-9"


Gross Area 2,849.34

S I T E PLA N

Holman Avenue Neighboring Residences

PANTRY

3RD LEVEL CLOSET 45 SF

BATHROOM 103 SF

BEDROOM 165 SF ELEV.

BALC. 67 SF

DN

KITCHEN 292 SF

UP

50 SF BATHROOM

BEDROOM 175 SF

BALCONY 53 SF

3 WH TANKLESS

W/D STACK

CLOSET 83 SF

FURN.

FURN.

MASTER BEDROOM 439 SF

MASTER BATH 231 SF DN

UP

WARDROBE

BALC. 57 SF

LIVING AREA 624 SF

WARDROBE

41 SF BATHROOM

BALC. 28 SF

CLOSET 30 SF

3

accordance with ANSI/BOMA Z65.4 - 2010 Standard.

BE D S

L E AS E D AT

2,850 Residential Neighborhood Massachusetts Avenue

SQ F T

$8,750

3.5 BAT HS

/mo


PAG E 19 Holman Avenue Neighboring Residences

12'-1"

16'-6"

11'-1"

KITCHEN ELEV.

DN

13'-8"

UP

6'-3"

4'-10"

BEDROOM 11'-9"

4'-4" WH

CLOSET 5'-2"

CLOSET

4'-2" FURN.

50'-1" 4'-8"

WARDROBE

MASTER BEDROOM

3'-10"

STACK

5'-2"

21'-5"

2'-9"

W/D

14'-1"

9'-3"

5'-0"

8'-4"

3 TANKLESS

5'-11"

6'-3"

7'-7" 6'-7"

BALCONY

4'-8"

8'-4" 3'-11"

FURN.

30'-10"

LIVING AREA

19'-3" 7'-5"

15'-4"

4'-10"

9'-6"

WARDROBE

DN

19'-3"

20'-0"

11'-0"

3'-11"

Residential Neighborhood Massachusetts Avenue

6'-1"

UP

6'-3"

7'-2"

5'-10"

BALC.

BALC.

Holman Avenue Neighboring Residences

15'-3"

BEDROOM

8'-7"

BALC.

5'-4"

PANTRY

CLOSET 8'-5"

11'-11"

11'-11"

2'-9"


S I T E PLA N

Holman Avenue Neighboring Residences

CLOSET 45 SF

BATHROOM 104 SF

BEDROOM 165 SF ELEV.

BALC. 67 SF

DN

KITCHEN 291 SF

BALC. 32 SF

PANTRY

4TH LEVEL

UP

50 SF BATHROOM

BEDROOM 174 SF

4 WH

TANKLESS

W/D STACK

CLOSET 83 SF

FURN.

FURN.

BALC. 57 SF

MASTER BEDROOM 439 SF

LIVING AREA 627 SF

WARDROBE

40 SF BATHROOM

MASTER BATH 232 SF UP

WARDROBE

DN

Gross Area 2,849.59

3

BE D S

accordance with ANSI/BOMA Z65.4 - 2010 Standard.

L E AS E D AT

2,850 Residential Neighborhood Massachusetts Avenue

SQ F T

$9,500

3.5 BAT HS

/mo

BALCONY 89 SF

CLOSET 31 SF


PAG E 21 Holman Avenue Neighboring Residences

15'-3"

12'-0"

16'-6"

11'-1"

KITCHEN

ELEV.

BALC.

DN

13'-8"

6'-3"

4'-4" WH

5'-3"

3'-0"

3'-10"

W/D STACK

CLOSET

4'-3"

14'-1"

FURN.

50'-2" 4'-9"

5'-2"

8'-3" 3'-11"

FURN.

LIVING AREA

BALC.

21'-5"

MASTER BEDROOM

WARDROBE

30'-11" 9'-3"

36'-4"

BALCONY

CLOSET

5'-0"

8'-4"

4 TANKLESS

5'-11"

6'-3"

7'-7" 6'-7"

11'-8"

3'-0"

4'-10"

UP

BEDROOM

4'-8"

BALC.

BEDROOM 12'-1"

8'-8"

Holman Avenue Neighboring Residences

5'-4"

PANTRY

CLOSET 8'-5"

11'-11"

11'-11"

19'-4" 7'-5"

15'-4"

4'-10"

WARDROBE

DN

19'-3"

11'-0"

4'-0"

Residential Neighborhood Massachusetts Avenue

6'-2"

UP

6'-4"

7'-2"

5'-10"

2'-4"


S I T E PLA N

Holman Avenue Neighboring Residences

ROOF

ELEV. DN

OUTLINE OF BUILDING BELOW

OUTLINE OF BUILDING BELOW

ance with ANSI/BOMA Z65.4 - 2010 Standard.

ROOFTOP TERRACE 762 SF

DN DN

Residential Neighborhood Massachusetts Avenue


PAG E 23 Holman Avenue Neighboring Residences

ELEV. DN

6'-3" 5'-7"

29'-8"

18'-1"

27'-3"

OUTLINE OF BUILDING BELOW

OUTLINE OF BUILDING BELOW

ROOFTOP TERRACE

24'-2"

4'-9"

17'-4"

7'-9"

DN DN

5'-5"

Residential Neighborhood Massachusetts Avenue

6'-1" 6'-2"


C athy

Cathy Kamran

Abtin Missaghi

310.430.5346

310.625.3001

cathykamran@gmail.com

abtin@kw.com

DRE #01216928

DRE #01362813

Ka mran

has

p as s i onate l y

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Abtin

Missaghi

c o m b i n es

local

ex p ert i se

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w i t h w o r l d - c l a s s s er v i c e t o d el i ver a ho me

ove r 23 ye ar s . S he has exte n s i ve know l ed g e

buying

of the mar ke t an d exp e r i e n c e i n al l ar e a s o f

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and ove r 1 0 ye ar s of l e gal b ackgr o un d t o

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he r re al e s tate b u s i n e s s w h i ch h as r e s u l t ed

i n c o m e p r o p er t i es . I f yo u a r e l o o k i n g t o bu y

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A b t i n s h o u l d d efi n i t el y b e yo u r fi r s t c ho i c e .


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