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Millman Team Real Estate

$1,795,000
5 Bed
4 Bath
3,304 Sqft
0.15 Acre Lot

1748 Malcolm Avenue, Los Angeles, California 90024

  • Residential Income Property Type
  • 3,304 Sqft Square Footage
  • Driveway Cars Garage
  • 1949 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
26867609
$1,795,000
None
5
4
3,304 Sqft
1949
0.15 Acre
Active
1
Features
: Forced Air
: Wall/Window Unit(s)
: Driveway, Assigned
: Traditional
$0
Appliances
: Dishwasher, Dryer, Washer, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90024
Malcolm
1748
Avenue
W119° 33' 53.6''
N34° 3' 4.3''
North of Santa Monica Boulevard. South of Missouri Avenue. East of Westwood Boulevard. West of Selby Avenue.
C05 - Westwood - Century City
LARD1.5
Additional Information
$0
$0
$0
$0
$0
1
3304
: Two
4
2026-08-05
2
2
Broker/Agent Information
Sotheby's International Realty
Allen Roth
Listing Information
Craig White
CLW-C101219
CLW-X70275
Sotheby's International Realty
CLW-X44971
CLW-X70275
Active
2026-08-05T22:48:54Z
CRMLS
: Standard
2026-08-05T00:00:00Z
Agent info
Ray Millman
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