1754 Malcolm Avenue, Los Angeles, CA 90024

  • $2,350,000
1754 Malcolm Avenue, Los Angeles, CA 90024
Active
1754 Malcolm Avenue, Los Angeles, CA 90024
1754 Malcolm Avenue, Los Angeles, CA 90024
  • $2,350,000

Description

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.

  • Address 1754 Malcolm Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90024
  • Country US

Details

Updated on March 5, 2026 at 8:17 am
  • Property ID: 26656367
  • Price: $2,350,000
  • Property Size: 4688 Sqft
  • Land Area: 0.1332 Acres
  • Bedrooms: 7
  • Bathrooms: 5
  • Garage Size: x x
  • Year Built: 1951
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • Flooring: Wood
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Assigned, Driveway
  • Architectural Style: Traditional

Contact Information

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