1419 Malvern Ave, Los Angeles, CA 90006
$899,000
Est. payment /mo
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10 Beds
8 Baths
5,960 SqFt
Active

1419 Malvern Ave Los Angeles, CA 90006

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,960 sqft

Price per Sqft $150

MLS Listing ID 25612645

Bedrooms 10

Year Built 1910

Lot Size 6,508 Sqft

Acres 0.1494

Property Sub-Type Multi-Family

Property Description

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 separately metered, 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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Garbage Disposal

Exterior

Parking Features None

Waterfront Description None

View Y/N No

View None

Building

Story 2

Sewer In Street Paid

Water In Street

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by KW Westside Estates

NEARBY SCHOOL & BUSINESS

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Jasmin Conner

Jasmin Conner

Agent | License ID: 02189536

+1(310) 628-4801

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1419 Malvern Ave