Pending
1906 Pelham Avenue
Los Angeles CA, 90025
$5,250,000
$390.39 per sqft
Pending
24 Beds
20 Baths
13,448 sqft
Residential
Built in 1964
Listed by David Miller with Miller & Desatnik Realty Co. 323-948-7507
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.
25484851
MLSⓇ ID
January 17, 2025
Listed
February 12, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
24
Total Bathrooms
20
Laundry Description
Outside
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.33 Acres
Other Property Details
Area Name
C05 - Westwood - Century City
Days on Market
6
Garage
Yes
Parking
Covered, Garage, Tandem
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
---|---|---|
2/5/2025 | Pending | — |
Listing Contact: 310-202-9166
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/12/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 2/12/2025 at 7:03 PM UTC