$ 2,350,000
-
$2,350,000
Price -
7
Bed -
5
Bath -
4,688
SqFt
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About the Listing CLW-X70275 - CLW-X44971,CLW-C101219
A prime five-unit multifamily investment opportunity in the heart of Westwood, one of Los Angeles' most desirable and supply-constrained rental markets. Located near UCLA, Century City, Beverly Hills, and Santa Monica, 1754 Malcolm Avenue offers stable in-place income with meaningful rental upside and long-term strategic value. The 4,688-square-foot building sits on a 5,801-square-foot lot and features a favorable unit mix of bright, spacious residences that blend classic Westwood architectural charm with tasteful modern updates. Three of the five units have been remodeled, enhancing tenant appeal and long-term positioning. Two units will be delivered vacant, providing immediate flexibility for an investor to capture market rents, accommodate owner-user needs, or create executive or family housing. Based on current in-place lease rates relative to prevailing market rents, the property presents the potential for up to approximately 25% future rental upside, offering investors a compelling opportunity to enhance income through strategic lease adjustments and repositioning over time. Recent capital improvements include a new electrical panel, newer roof, fresh exterior paint, updated garage doors, and refreshed landscaping, reflecting strong ownership stewardship and reducing near-term capital expenditure exposure. Zoned LAR1.5, the property presents both a stable income-producing asset and a strategic long-term hold in a premier West Los Angeles corridor. The adjacent four-unit property at 1748 Malcolm Avenue is also available for purchase, either individually or together as a rare nine-unit side-by-side portfolio opportunity totaling approximately 12,464 square feet of land. An ideal acquisition for investors seeking dependable cash flow, rental growth potential, and long-term appreciation in prime Westwood.
Listing Highlights
Status
Active
Days on Site
38
Property Type
Multi-Family
MLS ®
26656367
Year Built
1951
Total Square Footage
4,688
Lot/Acreage
0.13
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances: Dishwasher, Refrigerator, Dryer, Washer
- Air Cond: Wall/Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- 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: 4325024010
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1754 Malcolm Ave Los Angeles, CA 90024
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