1419 Malvern Avenue

Los Angeles , CA 90006

MLS#: 25612645

$1,150,000

Status: Active
Listing number: 25612645
Listing provided by: Keller Williams Los Angeles
Listing agent phone: None
Last update: a day ago
New on site 4 days ago
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Property

Beds

10

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

5,960

Built in 1910, this character-filled multi-unit building presents a compelling investment opportunity with both stable income and substantial upside potential. The property features eight units with a great unit mix (2) Studios / 1 Bath, (2) 1 Bed / 1 Bath, and (4) 2 Bed / 1 Bath catering to a wide range of tenant needs. All units are currently rented at well below market rates, allowing for strong rent growth through a strategic renovation plan and the potential addition of ADUs. Each unit is individually metered for gas and electricity, minimizing owner expenses and streamlining management. Residents enjoy unparalleled connectivity with easy access to Downtown Los Angeles, Crypto Arena, LA Convention Center and LA Live, Hollywood, and Beverly Hills, as well as nearby Metro stations that connect to the city's top employment and entertainment hubs. This central, high-demand location makes the property an ideal value-add investment in one of Los Angeles' most dynamic rental markets.

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1494

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,150,000

  • Sq. Footage

    5, 960

  • Price/SqFt

    $192

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

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Listing Courtesy of Robert Bruni , Keller Williams Los Angeles

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Built in 1910, this character-filled multi-unit building presents a compelling investment opportunity with both stable income and substantial upside potential. The property features eight units with a great unit mix (2) Studios / 1 Bath, (2) 1 Bed / 1 Bath, and (4) 2 Bed / 1 Bath catering to a wide range of tenant needs. All units are currently rented at well below market rates, allowing for strong rent growth through a strategic renovation plan and the potential addition of ADUs. Each unit is individually metered for gas and electricity, minimizing owner expenses and streamlining management. Residents enjoy unparalleled connectivity with easy access to Downtown Los Angeles, Crypto Arena, LA Convention Center and LA Live, Hollywood, and Beverly Hills, as well as nearby Metro stations that connect to the city's top employment and entertainment hubs. This central, high-demand location makes the property an ideal value-add investment in one of Los Angeles' most dynamic rental markets.

1419 Malvern Avenue

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