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For sale
  • Price cut: $174K (7/15)
    $1,825,000

    1748 Malcolm Ave, Los Angeles, CA 90024

    5beds
    4baths
    3,304sqft
    : 
    $12,094/mo
    Get pre-qualified
    Multi Family
    Built in 1949
    -- sqft lot
    $1,720,700 Zestimate®
    $552/sqft
    $-- HOA

    What's special

    SIGNIFICANT PRICE IMPROVEMENT! 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.
    150 days
    |
    348
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Allen Roth DRE # 01272304 310-387-7087,

    Sotheby's International Realty 310-724-7000,

    Craig White DRE # 01884948 310-415-8666,

    Sotheby's International Realty

    Source: CLAW,MLS#: 26656353MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s), Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Freezer, Range/Oven, Refrigerator, Washer, Dryer
      Interior area
      • Total structure area: 3,304
      • Total interior livable area: 3,304 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Assigned, Garage Is Attached
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 6,664 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4325024009
      • Zoning: LARD1.5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Condition
      • Year built: 1949

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $552/sqft
      • Tax assessed value: $955,946
      • Annual tax amount: $11,937
      • Date on market: 2/26/2026

        Estimated market value

        $1,720,700

        $1.63M - $1.81M

        $3,621/mo

        Price history

        DateEventPrice
        7/15/2026Price change$1,825,000-8.7%$552/sqft
        Source: CLAW #26656353 Report a problem
        2/26/2026Listed for sale$1,999,000$605/sqft
        Source: CLAW #26656353 Report a problem
        4/30/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/18/2024Listed for rent$1,600
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,937 +1.6%$955,946 +2%
        2024$11,753 +1.9%$937,203 +2%
        2023$11,534 +4.8%$918,827 +2%
        2022$11,009 +1.4%$900,812 +2%
        2021$10,861 -1%$883,150 +1%
        2020$10,969 $874,096 +2%
        2019$10,969 +5%$856,958 +2%
        2018$10,449 $840,156 +2%
        2017$10,449 +3%$823,684 +2%
        2016$10,147 +2.5%$807,534 +1.5%
        2015$9,895 +1%$795,405 +2%
        2014$9,800 $779,825 +2.5%
        2012-- $761,081 +2%
        2011-- $746,159 +0.8%
        2010-- $740,583 -0.2%
        2009-- $742,344 +2%
        2008-- $727,789 +2%
        2007-- $713,520 +2%
        2006-- $699,530
        2005-- $699,530 +4%
        2004-- $672,368 +1.9%
        2003-- $660,046 +2%
        2002-- $647,105 +4%
        2000-- $621,979
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Westwood

        Getting around

        76 / 100
        Very Walkable
        67 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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