3035 Malcolm
Los Angeles, CA, 90034
$1,419,850
MLS: OC26056638
Beds
3
Baths
2
Sq Ft
1,700
Lot
0.13 ac
Year Built
1941
MLS #
OC26056638
Days on Market
36
Listed
Mar 15, 2026
Description
BACK ON MARKET! DONT MISS OUT! 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!
Location
Los Angeles, Los Angeles County, CA 90034
Open on Google Maps ↗Listed by: Derek Larson · California Dream Luxury Homes & Investments
Payment estimate
$10,163
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $141,985 · Loan: $1,277,865
- Principal & Interest
- $7,851
- Property tax (1.25%)
- $1,479
- Homeowners insurance
- $300
- Mortgage insurance
- $532
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $49,695 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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