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$ 1,999,000
Est. payment | /mo
5 Beds
3,304 SqFt
$ 1,999,000
Est. payment | /mo
5 Beds
3,304 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $605
MLS Listing ID CL26656353
Bedrooms 5
HOA Y/N No
Year Built 1949
Lot Size 6,665 Sqft
Acres 0.15
Property Sub-Type OTHER
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
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Dryer, Washer
Exterior
View Y/N false
View None
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 4325024009
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Listed by Allen Roth • Sotheby's International Realty
Nearby Locations
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