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.
Property Details
Price:
$1,999,000
MLS #:
26656353
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Neighborhood:
c05westwoodcenturycity
Listed Date:
Feb 26, 2026
Finished Sq Ft:
3,304
Total Sq Ft:
3,304
Lot Size:
6,665 sqft / 0.15 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Appliances
DW, RF
Cooling
WW
Heating
FA
Laundry Features
DINC, WINC
Exterior
Architectural Style
TRD
Parking Spots
4
Financial
Maintenance Fee
$3,000
Map
Community
- Address1748 Malcolm AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90024
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 03, 2026
7,168
Single Family Listed
82
Avg DOM
506
Avg $ / SqFt
$1,494,389
Avg List Price
Property Summary
- 1748 Malcolm AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90024. It is listed for $1,999,000 and features 5 beds, 4 baths, and has approximately 3,304 square feet of living space, and was originally constructed in 1949. The current price per square foot is $605. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,494,389.
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