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.
Listed by Robert Bruni
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License #00986763
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Keller Williams Los Angeles
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310-482-2200
Listed by Martina Nilchian
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License #01456416
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Keller Williams Los Angeles
Last updated November 18, 2025
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Source: CRMLS #25612645
Listing Facts
TypeMulti-family
NeighborhoodPico Union
Bedrooms10
Days on Prevu20
Size5,960 sqft
Price per sqft$193
Location
Mortgage Calculator
Listing History
10/30/2025
Listed by Keller Williams Los Angeles
$1,150,000
Property Details for 1419 Malvern Avenue
Exterior
Construction
Number Of Units Total: 8
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1910
Common Walls: 1 Common Wall
Measurements
Building Area Total: 5,960
Lot Size Acres: 0.14
Lot Size Area: 6,508
Lot Size Square Feet: 6,508
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.5
Gross Income: $115,140.00
Taxes
Parcel Number: 5135008014
Interior
Features
Appliances: Disposal
Measurements
Living Area: 5,960
Rooms
Bathrooms Total Integer: 8
Bedrooms Total: 10
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Sewer: Sewer Tap Paid
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.