Property
Listing Agent: Allen Roth (DRE #01272304) · Listing Office: Sotheby's International Realty · Contact: 310-724-7000 · Bought with: Allen Roth · Sotheby's International Realty · MLS #26656367 · Source: CRMLS
1754 Malcolm Avenue sold for $2,250,000 in July 2026, 4.3% under its $2,350,000 list price, after 100 days on the market. That works out to $480 per square foot on 4,688 square feet. Across 161 closed sales in 90024 over the last 12 months, the median sold price is $1,300,000 and the median is $700 per square foot, 46% above this sale's $480.
| Quarter | Closed sales in 90024 | Median sold price |
|---|---|---|
| Q1 2026 | 12 | $1,475,000 |
| Q2 2026 | 89 | $1,300,000 |
| Q3 2026 | 56 | $1,157,500 |
| Q4 2026 | 4 | $1,340,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90024
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.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90024, nearest first, last 12 months. All recent sales in Los Angeles →