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5 Beds
3,304 sqft

$1,795,000

1748 Malcolm Avenue, Los Angeles CA, 90024

Price per sqft$543.28
Built in1949
Property size3,304 sqft
Property typeResidential

Overview

Active

Listed Aug 5, 2026

Updated 11 days ago

SIGNIFICANT PRICE IMPROVEMENT! A 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. A compelling opportunity for investors seeking scale, rental growth, and long-term appreciation in prime Westwood. With 100% occupancy and ease of management, this asset is ideally suited for a 1031 Exchange or portfolio expansion.

$11,942/mo

Est. mortgage payment based on a $1,795,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26867609

Interior Features

Bedrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Allen Roth, Craig White with Sotheby's International Realty
Listing Contact: 310-387-7087 

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