1906 Malcolm Avenue, Los Angeles, CA 90025
-
Sold Price :
$3,400,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1963
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Gas Dryer Hookup, Laundry Room, Outside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
1906 Malcolm Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90025 |
| County |
Los Angeles |
| Listing Agent |
Nick Peters DRE #00880972 |
| Courtesy Of |
Engel & Volkers LA South Bay |
| Close Price |
$3,400,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
6,755 |
| Year Built |
1963 |
Listing information courtesy of: Nick Peters, Engel & Volkers LA South Bay. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 12:35 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
