1748 Malcolm Ave, Los Angeles, CA 90024
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1748 Malcolm Ave, Los Angeles, CA 90024
1748 Malcolm Ave, Los Angeles, CA 90024
1748 Malcolm Ave, Los Angeles, CA 90024
1748 Malcolm Ave, Los Angeles, CA 90024
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George Salazar

George Salazar

+1(310) 400-6756
$ 1,825,000
Est. payment /mo
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Price Dropped by $174K

1748 Malcolm Ave Los Angeles, CA 90024

5 Beds

4 Baths

3,304 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,304 sqft

Price per Sqft $552

MLS Listing ID 26656353

Style Traditional

Bedrooms 5

Year Built 1949

Lot Size 6,665 Sqft

Acres 0.153

Property Sub-Type Multi-Family

Property Description

SIGNIFICANT PRICE IMPROVEMENT! 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.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Ceiling Fan, Wall/Window

Equipment Dishwasher, Freezer, Range/Oven, Refrigerator, Washer, Dryer

Exterior

Parking Features Driveway, Assigned, Garage Is Attached

Garage Spaces 4.0

Waterfront Description None

View Y/N No

View None

Building

Story 2

Architectural Style Traditional

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Sotheby's International Realty
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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1748 Malcolm Ave