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2377 Malcolm Ave Receives Its 2nd Price Reduction

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The Contemporary Mediterranean home at 2377 Malcolm Ave., LA CA 90064 received a price reduction this week of 5.9% or $100,000, down to $1,595,000. The home is now priced around $400 a sq ft. with this new reduction. The property was listed on 2/11/09 for $1,795,000 and has been on the market 63 days. This is the 2nd price reduction of the listing term. The home was custom built in 2004 and features an open floor plan, a gourmet kitchen with nice finishes and a good size backyard with a massive jungle gym playhouse for kids. According to the MLS, the home is a 4 bedroom / 3.5 bath, 3,974 sq ft home on a 6,615 sq ft lot.