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Courtesy: Nick Peters CalDRE: 00880972 - Engel & Volkers LA-South Bay
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Based on information from CRISNet MLS as of 5/17/2021. 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.

1906 Malcolm Avenue,  Los Angeles CA, 90025

(Active)
$3,750,000
|
|
MLS# SB21088760

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Last Updated: 5/17/2021 9:20 PM
Description for 1906 Malcolm Avenue Los Angeles, CA 90025
1906 Malcolm can be bought as a 15 unit package, since the trust also owns 1632 veteran (3 unit) plus its nearly identical twin at 1638 Veteran, which is a 4 plex. Seller will sell all separately, or as a package. ** This 8 unit building has a great unit mix of four 2 beds and four 1 beds. Long term tenants - average is 5 years! ** 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. 100% occupied. ** 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. ** Drive By Only. DO NOT DISTURB TENANTS. Same 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 is not doing a 1031 and will coop with buyer’s 1031. ** 3.87% Proforma cap, and 3.62% current. ** 15.72 proforma GRM and 16.4 current.
Price
$3,750,000
Los Angeles
SB21088760
Active
Description
1906 Malcolm can be bought as a 15 unit package, since the trust also owns 1632 veteran (3 unit) plus its nearly identical twin at 1638 Veteran, which is a 4 plex. Seller will sell all separately, or as a package. ** This 8 unit building has a great unit mix of four 2 beds and four 1 beds. Long term tenants - average is 5 years! ** 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. 100% occupied. ** 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. ** Drive By Only. DO NOT DISTURB TENANTS. Same 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 is not doing a 1031 and will coop with buyer’s 1031. ** 3.87% Proforma cap, and 3.62% current. ** 15.72 proforma GRM and 16.4 current.
Listing Information
Property Type: Mixed Use, 3+ Story
0.16 Acres Assessor 1963
Yes-14 spaces 3
Public
Public Sewer
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
1 Total
Neighborhood
Room Information
Common Area,Gas Dryer Hookup,Laundry Room,Outside
Interior Features
Dryer,Washer
Window/Wall Unit
Other, Wall Furnace
2+ Common Walls
Exterior / Lot Features
14 Carport Spaces, 15 Parking Spaces, 0 Covered Parking Spaces, Attached Carport,Concrete,Covered,Driveway,Electric Gate,Paved,Tandem,Uncovered
None
LAR3
Landscaped,Rectangular Lot,Sprinkler System
Driving Directions
South of Santa Monica Blvd
Financial Considerations
Cash,Cash to New Loan,1031 Exchange
TBD
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90025 has a population of 3,920,026.

The median household income in Los Angeles, California 90025 is $76,759. The median household income for the surrounding county is $61,087 compared to the national median of $57,525. The median age of people living in Los Angeles 90025 is 37 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
1 1916 Overland Avenue #3 Los Angeles 3 3 n/a 5/5/2021
2 1929 Selby Avenue #301 Los Angeles 2 2 n/a 4/5/2021
3 1825 Selby Avenue #103 Los Angeles 2 3 n/a 4/2/2021
4 1948 Malcolm Avenue #104 Los Angeles 2 2 n/a 4/26/2021
5 1809 Malcolm Avenue Los Angeles n/a 4/9/2021
6 1944 Glendon Avenue #203 Los Angeles 1 2 n/a 4/14/2021
7 1911 Overland Avenue #6 Los Angeles 2 2 n/a 4/9/2021
8 1911 Overland Avenue #5 Los Angeles 2 2 n/a 4/6/2021
9 1927 Glendon Avenue #401 Los Angeles 2 2 n/a 4/20/2021
10 1931 Glendon #102 Los Angeles 2 3 n/a 4/26/2021
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2020 $10,738   USD 3.77% $800,441   USD -
2019 $10,348   USD 1.23% $800,441   USD 2.00%
2018 $10,222   USD 2.49% $784,747   USD 2.00%
2017 $9,974   USD 2.87% $769,360   USD 4.04%
2016 $9,696   USD 1.37% $739,486   USD 1.52%
Courtesy: Nick Peters CalDRE: 00880972 - Engel & Volkers LA-South Bay
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Based on information from CRISNet MLS as of 5/17/2021. 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.
This content last refreshed on 5/17/2021 9:20 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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