Under Contract

1754 Malcolm Avenue

Los Angeles, CA 90024

$2,350,000 $9,907/Mo

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Overview

Bed

Bath

4,688

Sqft

5,803

Sqft(Lot)

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.

Property Details

Property Type : Residential Income

Price : $2,350,000

AD Id : 75606626

MLS Id : 26656367

Beds : 7

Lot Size : 5,803 Sqft

Living Area Size : 4,688

Year Built : 1951

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 7

Bathroom Information

Total Baths: 5 Full Baths: 0 Half Baths: 0
Interior Features

Interior Features: Ceiling Fan(s) Property Appliances: Dishwasher,Refrigerator,Dryer,Washer Flooring: Wood
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Forced Air Has Heating

Building Information

Year Built: 1951 Building Area Total: 4,688

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1332
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5803

Listing Price Information

Original List Price: 2,350,000 Listing Contract Date: 2026-02-25
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4325024010

Garage and Parking

Garage Description: Assigned,Driveway Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: C05 - Westwood - Century City Postal Code Plus 4: 5710 Directions: North of Santa Monica Boulevard. South of Missouri Avenue. East of Westwood Boulevard. West of Selby Avenue. Zoning: LARD1.5 Source Property Type: Residential Income Area: C05 - Westwood - Century City
Building and Construction

Property Age: 75 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 4688 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
570 S Mapleton Drive, Los Angeles, CA, 90024	$42,500,000	5	7	7,826	7,826 SqFt
1400 Warnall Avenue, Los Angeles, CA, 90024	$7,995,000	6	6	6,500	6,500 SqFt
10357 Ashton Avenue, Los Angeles, CA, 90024	$3,795,000	11	--	7,274	7,274 SqFt
133 S Mapleton Drive, Los Angeles, CA, 90024	$59,900,000	9	10	26,522	26,522 SqFt
214 S Beverly Glen Boul.., Los Angeles, CA, 90024	$16,800,000	4	5	7,367	7,367 SqFt
10443 Wilkins Avenue, Los Angeles, CA, 90024	$2,395,000	3	2	2,087	2,087 SqFt
10433 Wilshire Boulevar.., Los Angeles, CA, 90024	$990,000	2	2	1,418	1,418 SqFt
444 Loring Avenue, Los Angeles, CA, 90024	$6,395,000	6	3	4,414	4,414 SqFt
436 Loring Avenue, Los Angeles, CA, 90024	$8,995,000	6	4	5,981	5,981 SqFt
501 Woodruff Avenue, Los Angeles, CA, 90024	$4,995,000	6	7	7,271	7,271 SqFt

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ByOwner last updated this listing 06/10/2026 @ 10:28

MLS: 26656367 LISTED BY: Allen Roth, Sotheby's International Realty 310-724-7000 SOURCE: CRMLS