1748 Malcolm Ave 5BR Westwood La


Property

Website:https://www.nestseekers.com/5674267
Address:
1748 Malcolm Ave
LOS ANGELES, CA 90024
Ownership: For Sale
Bedrooms: 5 BR
Bathrooms: 4
Area: 6665 sq ft
Lot Size: 0.2 Acres

Financials

Price:$1,795,000

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.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Sotheby's International Realty

1748 Malcolm Ave LOS ANGELES CA 90024 USA