Active
1906 Pelham Ave
Los Angeles CA, 90025
$5,250,000
$390.39 per sqft
Active
24 Beds
20 Baths
13,448 sqft
Multi-family
Built in 1964
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.
25-484851
MLSⓇ ID
January 17, 2025
Listed
January 20, 2025
Updated
Map
1906 Pelham Ave
Los Angeles CA, 90025
Interior Features
Total Stories
2
Bedrooms
24
Total Bathrooms
20
Appliances
None
Laundry Description
Laundry Area, Outside
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan, Wall Unit(s), Central
Heating
Yes
Heating Description
Central, Wall Gas
Exterior/Building Features
Lot Size
0.33 Acres
Other Property Details
Area Name
Westwood - Century City
Days on Market
3
Garage
No
Parking
Attached, Tandem, Covered Parking
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by David Miller with Miller & Desatnik Realty Co.
Listing Contact: 323-948-7507
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©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/20/2025