1748 Malcolm Avenue Los Angeles, CA $ 1,999,000
1748 Malcolm Avenue
$ 1,999,000
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1748 Malcolm Avenue

Los Angeles, CA, 90024
$ 1,999,000
Baths0.0 Sq 3,304

Monthly Estimate*

$ 12,308

1748 Malcolm Avenue, Los Angeles, CA 90024 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,999,000. This 3,304 square foot home was built in 1949 on a lot size of 0.15.

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.

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Multi-Family Active

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.15

Year Built

1949

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026656353

Features
General
Living Area 3304.0
Heating Forced Air
Cooling Wall/Window Unit(s)
Zoning LARD1.5
Architectural Style Traditional
Year Built 1949
Levels Two
County Los Angeles
Net Operating Income 72608.0
Insurance Expense 3700.0
New Construction No
Property Type C
HOA No
MaintenanceExpense 3000.0
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C05 - Westwood - Century City
Lot Size Units Square Feet
Lot Size Square Feet 6665.0
Property Attached Y/N Yes
Standard Status Active
Taxes 12000.0
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Interior
Kitchen Appliances Dishwasher Refrigerator
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Assigned Driveway
Water Source None
Lot Size Area 6665.0
Pool Y/N? Yes
Building Area Total 3304.0
Lot Size Acres 0.15
Land Lease Type Fee
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* Excluded Features
List By
Allen Roth

Listing Agent

Sotheby's International Realty

Broker

Affordability Calculator

$12,308
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,308
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$1,999,000 Listed Price

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1748 Malcolm Avenue, Los Angeles, CA, 90024 is a Multi-Family Home for sale at $1,999,000 with 3,304 sqft and a lot size of 0.15. 1748 Malcolm Avenue is a studio with 0.0 baths and was built in 1949. The property's zip code is 90024 which is in Los Angeles, CA