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Stacey Alysson Melman

1748 Malcolm AV
Los Angeles, CA, 90024
$1,795,000
5 Beds
4 Baths
3,304 SqFt
0.15 Acres
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MLS #26867609 image #0
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.
AGENT: Allen Roth
LISTING BROKERAGE: Sotheby’s International Realty
1748 Malcolm AV
Los Angeles, CA

Property Details

Price:
$1,795,000
MLS #:
26867609
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Neighborhood:
c05westwoodcenturycity
Listed Date:
Aug 5, 2026
Finished Sq Ft:
3,304
Total Sq Ft:
3,304
Lot Size:
6,665 sqft / 0.15 acres (approx)
Year Built:
1949
TraditionalC05 – Westwood – Century CityC05westwoodcenturycityNone
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Schools

Interior

Appliances
Refrigerator, Dishwasher
Cooling
Wall/Window Unit(s)
Heating
Forced Air
Laundry Features
Washer Included, Dryer Included
Levels
Two

Exterior

Architectural Style
Traditional
Common Walls
1 Common Wall
Open Parking YN
1
Parking Features
Assigned, Driveway
Parking Spots
4
Parking Total
4
Stories
2
View
None

Financial

Gross Operating Income
$88,715
Net Operating Income
$60,980

Map

Community

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