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1748 Malcolm Avenue Los Angeles, CA 90024
$1,795,000 5 beds, 4 baths
3, 304 sqft
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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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26867609
List price is $1,795,000
Beds: 5
Baths: 4
Built in 1949
3,304 sqft
2 stories
0.15 acres
Lot size: 0.1530
County: Los Angeles
Property style: Traditional
Zoning: LARD1.5
Appliances: Dishwasher,Refrigerator,Dryer,Washer
Parking description: Assigned,Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Forced Air
MLS area: C05 - Westwood - Century City

Last Updated: 9/25/2026

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This listing belongs to the C05 - Westwood - Century City MLS area

The style of this listing is Traditional.
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Lat/Long: 34.051189, -118.435098.
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Listing Agent: Allen Roth
Co Listing Agent: Craig White
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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