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Coldwell Banker-Brentwood West
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Main Office:
310-820-6651
noofficeemail@
homeseekers.com
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Neighborhood - School Information
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Glossary of RE Terms
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SOLD
$2,525,000
Date 01/22/2020

1907 Malcolm Avenue UNIT 3
Los Angeles, CA 90025

General Commercial
Residence
N/A
Acre Lot
1of
Photos
Map
Courtesy: Edward Kaminsky - Strand Hill Christies International Real Estate
CRMLS Homeseekers> California> Los Angeles> 90025
Great investment opportunity in West L.A.! This centrally located 5 unit complex is enjoys easy access to the 10 & 405 freeways, Santa Monica Blvd, Overland Ave, and Bundy Drive. This prime residential location is close to UCLA, Century City and the rest of Los Angeles making this a prime income property as it is easy to keep rented. Tenants will enjoy to the nearby restaurants, theaters, bars, boutiques and entertainment galore. The 5 units contain a mix of (1) 1 bed / 1 bath , (2) 3 bed /2 bath and (2) 2 bed / 2 bath. 3 units offer private balconies, 1 unit with a patio and 1 unit with a yard area. Parking is never a concern, 10 total parking spaces (a tandem set per unit) and ample street parking with very few restrictions ensure parking available. This property has been owned and occupied by the current owner for over 40 years, it is very well maintained yet has tremendous value add potential through upgrading and modernizing the units. Check with the City for development opportunities as well. One unit is owner occupied and upon vacancy of that unit you can bring the rent up to market rents. Proforma rents listed are based on current market rents of area, gross rents are assuming the building is performing at the Proforma rents. Proforma rents are not guaranteed.
SB19180285
General Commercial, Other
Los Angeles
1964
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Edward Kaminsky - Strand Hill Christies International Real Estate
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