A rare 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. The neighboring five-unit property at 1754 Malcolm Avenue is also being offered for sale and may be acquired individually or together as part of a nine-unit contiguous portfolio spanning approximately 12,464 square feet of land. A compelling opportunity for investors seeking scale, rental growth, and long-term appreciation in prime Westwood.
AGENT: Allen Roth LISTING BROKERAGE: Sotheby’s International Realty
Courtesy of Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1748 Malcolm AV
Los Angeles, CA
Property Details
Price:
$1,999,000
MLS #:
26656353
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Neighborhood:
c05westwoodcenturycity
Listed Date:
Feb 25, 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
DW, RF
Cooling
WW
Heating
FA
Laundry Features
DINC, WINC
Levels
U
Exterior
Architectural Style
TRD
Attached Garage YN
1
Common Walls
_1CW
Parking Spots
4
Parking Total
4
View
NO
Financial
Gross Operating Income
$92,508
Maintenance Fee
$3,000
Net Operating Income
$72,608
Map
Community
- Address1748 Malcolm AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90024
