1906 Pelham Ave Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90025
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