$1,795,000
1748 Malcolm Avenue
Los Angeles, CA 90024
5
Beds
4
Baths
3,304
Square feet
1949
Built
Listing narrative
Description
SIGNIFICANT PRICE IMPROVEMENT! A 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. A compelling opportunity for investors seeking scale, rental growth, and long-term appreciation in prime Westwood. With 100% occupancy and ease of management, this asset is ideally suited for a 1031 Exchange or portfolio expansion.
Property Details
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Price
$1,795,000
Beds
5 bd
Type
House
Home Size
3,304 sqft
Baths
4
Lot Size
0.15 acres
Year
1949
Status
For Sale
Days on Market
95
$ / Sqft
$543
Courtesy of Sotheby's International Realty






