$1,150,000
Est. payment /mo
10 Beds
8 Baths
5,960 SqFt
New
1419 Malvern AVE Los Angeles, CA 90006
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,960 sqft
Price per Sqft $192
MLS Listing ID 25612645
Bedrooms 10
HOA Y/N No
Year Built 1910
Lot Size 6,507 Sqft
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 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Disposal
Exterior
Parking Features None
View Y/N No
View None
Building
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5135008014
Special Listing Condition Standard
Listed by Robert Bruni Keller Williams Los Angeles
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