Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB21088760
MLS Source
California Regional MLS
Interior Features
Appliances
Other, Dryer, Washer
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Carport, Covered Parking, Gate/Door Opener, Other, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1906 Malcolm Ave is a Residential Income in Los Angeles, CA 90025. This – square foot property sits on a 6,755 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,400,000 and was built in 1963. This address can also be written as 1906 Malcolm Ave, Los Angeles, CA 90025.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Nick Peters
