CA > Los Angeles
Los Angeles, CA 90006,1419 Malvern AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,150,000
Est. payment /mo
10 Beds
8 Baths
5,960 SqFt
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UPDATED:

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

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CRMLS – RECore
Listed by Robert Bruni Keller Williams Los Angeles

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