Sold
Closed
1906 Malcolm Avenue
Los Angeles CA, 90025
$3,400,000
$552.76 per sqft
Sold
Closed
6,151 sqft
Multi-family
Built in 1963
Listed by Nick Peters with Engel & Volkers LA South Bay 310-308-2609
This 8 unit building has a great unit mix of four 2 beds and four 1 beds. The end units are 2 beds/2baths and on each floor there are two interior 1 bed units. Rent will be top of the market! ** Ample parking: 7 tandem tuck-under slots that each hold 2 cars, plus an open spot, for a total of 15 onsite parking spots. ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Most units have air conditioning. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. A related owner owns 1910 Malcolm which is the identical building on the right side. They share a driveway and the front car gate. No intent to sell 1910 at this time. ** Gated parking for security. ** Seller will consider offers that are contingent on the closing of another property. Seller will coop with buyer's 1031. ** Once both vacant units are rented the Proforma cap rate will be 4.25%; the Proforma GRM will be 14.2.
SB21088760
MLSⓇ ID
April 28, 2021
Listed
December 5, 2024
Updated
Map
1906 Malcolm Avenue
Los Angeles CA, 90025
Interior Features
Total Stories
3
Appliances
Dryer, Washer
Laundry Description
Common Area, Gas Dryer Hookup, Laundry Room, Outside
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Landscaped, Rectangular Lot, Sprinkler System
Sewer
Public Sewer
Other Property Details
Area Name
C05 - Westwood - Century City
Days on Market
63
Garage
No
Parking
Attached Carport, Concrete, Covered, Driveway, Electric Gate, Paved, Tandem, Uncovered
Parking Total
15
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listing History
Date | Event | Price |
---|---|---|
11/25/2024 | Sold | $3,400,000 |
Listing Contact: 424-335-7933
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 1:35 PM UTC