$1,999,000

1748 Malcolm Avenue, Los Angeles, CA 90024

  • 5 beds |
  • 4 baths |
  • 3,304 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon6,665sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $605/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

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 Status:
Active
Date Added:
February 25, 2026
Data Last Updated:
March 11, 2026 at 2:16AM
Listing Office:
Sotheby's International Realty : 310-724-7000
Listing Agent:
Allen Roth : 310-387-7087
MLS ID:
26656353
  • Appliances: DishwasherRefrigeratorDryerWasher
  • A/C: Wall/Window Unit(s)
  • Heating: Forced Air
  • Style: Traditional
  • Parking: AssignedDrivewayParking spaces: 4
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.54325024009
  • View: None
  • Source: CRMLS_CL

This listing courtesy of Allen Roth , Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Westwood Charter Elementary School

2050 Selby Ave, Los Angeles, CA, 90025

Grades KG-5

0.40 miles away

E

Emerson Community Charter

1650 Selby Ave, Los Angeles, CA, 90024

Grades 6-8

0.21 miles away

U

University High School Charter

11800 Texas Ave, Los Angeles, CA, 90025

Grades 9-12

1.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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