1754 Malcolm Avenue, Los Angeles, CA 90024
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1754 Malcolm Avenue,Los Angeles, CA 90024
$2,350,000
- 7 Beds
- 5 Baths
- 4,688 sq. ft.
- Multi-family
- Active
Listed by: allen roth, craig white
Office: sotheby's international realty
MLS#:26656367
Source:CRMLS
Price summary
- Price:$2,350,000
- Price per sq. ft.:$501.28
About this home
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-term capital expenditure exposure. Zoned LAR1.5, the property presents both a stable income-producing asset and a strategic long-term hold in a premier West Los Angeles corridor. The adjacent four-unit property at 1748 Malcolm Avenue is also available for purchase, either individually or together as a rare nine-unit side-by-side portfolio opportunity totaling approximately 12,464 square feet of land. An ideal acquisition for investors seeking dependable cash flow, rental growth potential, and long-term appreciation in prime Westwood.
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Home facts
- Year built:1951
- Listing ID #:26656367
- Added:1 day(s) ago
- Updated:February 26, 2026 at 03:42 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Living area:4,688 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air
Structure and exterior
- Year built:1951
- Building area:4,688 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$2,350,000
- Price per sq. ft.:$501.28
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