First time on the market in over half a century! Outstanding opportunity for builders, flippers, or even an owner-user or investor looking for an affordable path to home ownership in Little Holmby! This bright, spacious fixer home sits on a 60' wide (per public record) 8,149 square foot, predominantly flat lot. This home was designed in the classic center hall plan. The wood-floored entry and hallway connect the grand living and formal dining rooms with the spacious, wood-paneled den/family room at the rear with sliding glass door opening out onto a covered patio and yard thus entertainment is a dream in this home. Be it a formal dinner party, a casual gathering or a poker night with the gang, this floor plan is ideal for every occasion. The sun-filled kitchen features a breakfast nook, loads of counter/cupboard space and ergonomically placed appliances, but needs TLC. Both the spacious primary and adjacent bedroom feature walk-in closets. 961 Malcolm Avenue is sited in an idyllic location being close, but not too close to Westwood Village and it's near Wilshire Blvd., but nowhere near the shadows of the high-rises on the Corridor. To the rear of the yard are soaring, mature trees and landscaping providing great privacy from other properties. Moreover, homes on this street have sold for very impressive prices when compared to the asking price of this property. For all these reasons (and more), this is the ideal property to expand or tear-down and build a new, much larger estate. What's more! It's located in the Warner Avenue School district. First time on the market in over a half century. NOTES: Many of the rooms are carpeted. Carpet may cover wood floors (but not guaranteed). Home includes central AC, and a California basement. One full bath is actually 3/4 bath, changed in MLS to avoid confusion on other RE web sites. This is a trust sale. First showing Tuesday, October 24 11AM - 2PM. Do not walk the property without an appointment. UPDATE: Offers are due on or before 9 PM Tuesday, 10/31/2023