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Sold for $3,400,000 · Nov 2024

SOLD

Listed at $3,750,000

Sold

1906 Malcolm Avenue, Los Angeles, CA 90025

Los Angeles, CA

MLS# SB21088760

6,151 Sq Ft • Mixed Use
63 days on market

Listing Agent

Nick Peters

Listing Agent

Engel & Volkers LA South Bay

DRE #: 00880972

Brokerage: Engel & Volkers LA South Bay

Property Details

N/A

Bedrooms

N/A

Bathrooms

6,151 sqft

Square Feet

1963

Year Built

6,755 sqft

Lot Size

$553

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Mixed Use

Property Type

Description

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.

Listing description from the November 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
WallWindowUnits
Heating
WallFurnace

Sale history for 1906 Malcolm Avenue

1 recorded sale

$3,400,000
Sold November 2024 · listed $3,750,000, on market April 2021, 63 days on market · MLS #SB21088760 · Source: CRMLS
Listing Agent: Nick Peters · Listing Office: Engel & Volkers LA South Bay · Contact: 310-308-2609 · Bought with: Oron Maher · Maher Commercial Realty

How this sale compares

1906 Malcolm Avenue sold for $3,400,000 in November 2024, 9.3% under its $3,750,000 list price, after 63 days on the market. Across 144 closed sales in 90025 over the last 12 months, the median sold price is $1,130,000 and the median is $693 per square foot.

$693
90025 median per sq ft (12 mo)
$1,130,000
90025 median sold price (12 mo)
144
Closed sales in 90025 (12 mo)
63
Days on market
−9.3%
Sold vs. list price
QuarterClosed sales in 90025Median sold price
Q1 20268$1,117,000
Q2 202673$999,000
Q3 202655$1,275,000
Q4 20268$1,193,900

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 90025

Recent sales near 1906 Malcolm Avenue

Closed sales reported in 90025, nearest first, last 12 months. All recent sales in Los Angeles →

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