Los Angeles, CA 90025,1906 Pelham Ave
Los Angeles, CA 90025,1906 Pelham Ave
Los Angeles, CA 90025,1906 Pelham Ave
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$5,250,000
Est. payment /mo
24 Beds
20 Baths
13,448 SqFt
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UPDATED:

02/05/2025 05:41 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 13,448 sqft

Price per Sqft $390

MLS Listing ID 25-484851

Bedrooms 24

Year Built 1964

Lot Size 0.326 Acres

Acres 0.3259

Property Sub-Type Multi-Family

Property Description

The Pelham Ave. Residences are 12 multi-family units in two side by side properties located in a prime West LA location. Both properties are being sold together and have been combined as a single property with one APN #. The total size of both properties is approximately 13,448 SF and the total lot size is approximately 14,191 SF. The building on the corner of Pelham Ave and Missouri Ave is 7 units and the neighboring building is 5 units. Both properties are two stories and have tandem tuck under parking. There is a total of 12 parking spots and the mandatory seismic work for the parking structure has been completed on both properties. The Pelham Ave residences have an excellent unit consisting of (3) 3 BR (6) 2 BR and (3) 1 BR units. The rent roll reflects what the rents will be this February after yearly rent increases have been implemented. Every unit has at least one wall mounted or central AC unit. A few of the 3 BR units have central air and all the units have ceiling fans. The currents rents are below market, creating a quintessential value-add opportunity. The Pelham Ave Residences are an incredible opportunity to purchase a trophy multi-family asset on a large corner lot in a prime West LA location.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central, Wall Gas

Cooling Ceiling Fan, Wall Unit(s), Central

Equipment None

Laundry Laundry Area, Outside

Exterior

Parking Features Attached, Tandem, Covered Parking

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.

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agent

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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