$ 1,999,000
-
$1,999,000
Price -
5
Bed -
4
Bath -
3,304
SqFt
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About the Listing CLW-X70275 - CLW-X44971,CLW-C101219
A rare four-unit multifamily opportunity in prime Westwood, offering stable rental income and significant value-add potential in one of the Westside's most consistently high-demand residential markets. Ideally located near UCLA, Century City, Beverly Hills, and Santa Monica, 1748 Malcolm Avenue benefits from strong tenant demand and historically low vacancy. The 3,304-square-foot building sits on an expansive 6,663-square-foot lot and features bright, well-proportioned units that combine classic Westwood charm with modern comfort. The favorable unit mix and central location continue to attract quality tenants seeking proximity to major employment centers, lifestyle amenities, and world-class retail and dining. Based on current in-place lease rates relative to prevailing market rents, the property presents the potential for up to approximately 37% future rental upside, offering investors a compelling opportunity to enhance income through strategic lease adjustments and repositioning over time. Zoned LAR1.5, the asset provides both dependable cash flow and long-term positioning within a supply-constrained West Los Angeles submarket. The neighboring five-unit property at 1754 Malcolm Avenue is also being offered for sale and may be acquired individually or together as part of a nine-unit contiguous portfolio spanning approximately 12,464 square feet of land. A compelling opportunity for investors seeking scale, rental growth, and long-term appreciation in prime Westwood.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
26656353
Year Built
1949
Total Square Footage
3,304
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Dishwasher, Refrigerator, Dryer, Washer
- Air Cond: Wall/Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4325024009
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1748 Malcolm Ave Los Angeles, CA 90024
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