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For SaleLuxury

$1,795,000

3,304 sqft$543/sqft95 days on market

1748 Malcolm Avenue

Los Angeles, CA 90024

· 8% down, 7% APR, 30yr fixed

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.

Listing agent (MLS): Allen Roth · Listing brokerage (MLS): Sotheby's International Realty

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Sotheby's International Realty