1700 Malcolm Avenue

    Los Angeles (City), CA 90024
    • $4,795,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: 18334566
    UPDATED: 37 min ago
    $4,795,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,084
      SQFT
    • $476
      $/SQFT
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    1700 Malcolm Avenue presents an attractive investment opportunity to acquire a multifamily asset within desirable Westwood Submarket. Approximately 35% Upside in Rents Four Out of Eight Units Have Been Completely RenovatedEach Unit Has a Private Balcony or Patio

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T17:26:51.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/82726639

    1700 Malcolm Avenue Los Angeles (City), CA 90024

    • Price: $4,795,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 18334566
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    10,084
    SQFT
    $476
    $/SQFT
    1963
    Built
    Neighborhood:
    C05 - Westwood - Century City
    County:
    Los Angeles
    Area:
    C05 - Westwood - Century City
    Property Description
    1700 Malcolm Avenue presents an attractive investment opportunity to acquire a multifamily asset within desirable Westwood Submarket. Approximately 35% Upside in Rents Four Out of Eight Units Have Been Completely RenovatedEach Unit Has a Private Balcony or Patio
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 3.24 Gross Multiplier 18.40 Gross Operating Income 260544.00 Improvements Amount 250947 Land Value 123981 Laundry YN Yes Net Operating Income 155426.00 Special Listing Conditions Standard Total Expenses 99907.00 Zoning Lard1.5

    Listing provided courtesy of Tony Azzi of Tony Azzi.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T17:26:51.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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