$2,350,000

1754 Malcolm Avenue, Los Angeles, CA 90024

4,688 sqft

other
Built in 1951
5,663sqft lot
—— car garage
$501/sqft
Listed 1 month ago

Property Description

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-t

Listing Status:: Active
Date Added:: February 25, 2026
Data Last Updated:: April 2, 2026 at 7:07AM
Listing Office:: Sotheby's International Realty : 310-724-7000
Listing Agent:: Allen Roth : 310-387-7087
MLS ID:: CL26656367

Appliances: Dryer
Laundry: DryerWasher
Flooring: Wood
A/C: Wall/Window Unit(s)
Heating: Forced Air

Parking: AssignedOther

Originating MLS: CRMLS
County: Los Angeles

Zoning: LARD4325024010
View: None

Source: CRMLS

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

Westwood Charter Elementary School

2050 Selby Ave, Los Angeles, CA, 90025

Grades KG-5

0.39 miles away

Emerson Community Charter

1650 Selby Ave, Los Angeles, CA, 90024

Grades 6-8

0.22 miles away

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.