CA > Los Angeles
Los Angeles, CA 90025,1906 Pelham AVE
Los Angeles, CA 90025,1906 Pelham AVE
Los Angeles, CA 90025,1906 Pelham AVE
Los Angeles, CA 90025,1906 Pelham AVE
Los Angeles, CA 90025,1906 Pelham AVE
Los Angeles, CA 90025,1906 Pelham AVE
Louis DiGonzini
Louis DiGonzini

Broker Associate at EXP Realty | License ID: 01502775

+1(949) 922-8420

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$ 5,000,000

$ 5,250,000 4.8%

Est. payment | /mo

24 Beds

20 Baths

13,448 SqFt

$ 5,000,000

$ 5,250,000 4.8%

Est. payment | /mo

24 Beds

20 Baths

13,448 SqFt

Key Details

Sold Price $5,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,448 sqft

Price per Sqft $371

MLS Listing ID 25484851

Sold Date 03/31/25

Bedrooms 24

HOA Y/N No

Year Built 1964

Lot Size 0.326 Acres

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 C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Outside

Exterior

Parking Features Covered, Garage, Tandem

Attached Garage Yes

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4321008136

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by David Miller • Miller & Desatnik Realty Co.
Bought with Arian Zerehi • Commercial Brokers Int'l. Inc.
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+1(949) 922-8420

ldigonzini@thedigonzinigroup.com

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1906 Pelham AVE