1748 Malcolm Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1949
- Living area
- 3,304 sq ft
- Lot size
- 6,665 sq ft
- Parking
- 4 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Architectural style
- Traditional
- Zoning
- LARD1.5
Features & Amenities
Appliances
- Dishwasher
- Refrigerator
- Dryer
- Washer
Parking
- Assigned
- Driveway
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- ForcedAir
- Cooling
- WallWindowUnits
Location & Neighborhood
Frequently Asked Questions About 1748 Malcolm Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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