1906 Malcolm can be bought as a 15 unit package, since the trust also owns 1632 veteran (3 unit) plus its nearly identical twin at 1638 Veteran, which is a 4 plex. Seller will sell all separately, or as a package. ** This 8 unit building has a great unit mix of four 2 beds and four 1 beds. Long term tenants - average is 5 years! ** Ample parking: 7 tandem tuck-under slots that each hold 2 cars, plus an open spot, for a total of 15 onsite parking spots. ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Most units have air conditioning. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. individually metered for gas and electric. 100% occupied. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. Same owner owns 1910 Malcolm which is the identical building on the right side. They share a driveway and the front car gate. No intent to sell 1910 at this time. ** Gated parking for security. ** ** Seller will consider offers that are contingent on the closing of another property. Seller is not doing a 1031 and will coop with buyer’s 1031. ** 3.87% Proforma cap, and 3.62% current. ** 15.72 proforma GRM and 16.4 current.
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