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A prime five-unit multifamily investment opportunity in the heart of Westwood, one of Los Angeles' most desirable and supply-constrained rental markets. Located near UCLA, Century City, Beverly Hills, and Santa Monica, 1754 Malcolm Avenue offers stable in-place income with meaningful rental upside and long-term strategic value. The 4,688-square-foot building sits on a 5,801-square-foot lot and features a favorable unit mix of bright, spacious residences that blend classic Westwood architectural charm with tasteful modern updates. Three of the five units have been remodeled, enhancing tenant appeal and long-term positioning. Two units will be delivered vacant, providing immediate flexibility for an investor to capture market rents, accommodate owner-user needs, or create executive or family housing. Based on current in-place lease rates relative to prevailing market rents, the property presents the potential for up to approximately 25% future rental upside, offering investors a compelling opportunity to enhance income through strategic lease adjustments and repositioning over time. Recent capital improvements include a new electrical panel, newer roof, fresh exterior paint, updated garage doors, and refreshed landscaping, reflecting strong ownership stewardship and reducing near-term capital expenditure exposure. Zoned LAR1.5, the property presents both a stable income-producing asset and a strategic long-term hold in a premier West Los Angeles corridor. The adjacent four-unit property at 1748 Malcolm Avenue is also available for purchase, either individually or together as a rare nine-unit side-by-side portfolio opportunity totaling approximately 12,464 square feet of land. An ideal acquisition for investors seeking dependable cash flow, rental growth potential, and long-term appreciation in prime Westwood.
Property Type(s):
Residential Income
| Last Updated | 2/25/2026 | Year Built | 1951 |
|---|---|---|---|
| Community | C05 - Westwood - Century City | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| AREA | C05 - Westwood - Century City |
| GARAGE | Attached Garage |
| HEAT | Forced Air |
| INTERIOR | Ceiling Fan(s) |
| LOT | 5802 sq ft |
| LOT DIMENSIONS | 5803 |
| PARKING | Attached, Assigned, Driveway |
| STORIES | 2 |
| STYLE | Traditional |
| VIEW DESCRIPTION | None |
Location
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Listed with Sotheby's International Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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