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$3,750,000
1297 Days On Site

1906 Malcolm Avenue
Los Angeles, CA 90025

For Sale|Mixed Use|Pending
0
Beds
0
Full Baths
0
Partial Baths
6,151
SqFt
$610
/SqFt
1963
Built
County:
Los Angeles
Listed by Nick Peters of Engel & Volkers LA South Bay [email protected]

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1906 Malcolm Avenue1906 Malcolm Avenue1906 Malcolm Avenue1906 Malcolm Avenue
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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. ** Long term tenants - average is 5 years! ** At the moment there are 2 vacancies (#1 and #8 which are both 2 bed units) which is great! 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. ** Drive By Only. DO NOT DISTURB TENANTS. 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.

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Listing Snapshot
Price 
$3,750,000
Days On Site 
1297 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,151 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1551 Acres
Year Built 
1963
MLS® Number 
SB21088760
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 years agoStatus changed to Pending
3 years agoListing updated with changes from the MLS®
4 years agoListing first seen on site
General Features
Acres 
0.1551
Carport 
14
Number Of Stories 
3
Parking 
Attached CarportConcreteCoveredDrivewayElectric GatePavedTandem
Parking Spaces 
15
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6151
Stories 
Three Or More
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LAR3
Interior Features
Appliances 
DryerWasher
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Laundry Features 
Common AreaGas Dryer HookupLaundry RoomOutside
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Exterior Features
Lot Features 
LandscapedRectangular Lot
Pool Features 
None
Community Features
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash1031 Exchange
MLS Area 
C05 - Westwood - Century City
1906 Malcolm Avenue, Los Angeles, CA, 90025 Pezzini Luxury Homes

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. The 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.

Neighborhood & Commute
Source: Walkscore
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