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.
Property Details
Price:
$5,250,000
MLS #:
25484851
Status:
Pending
Baths:
0
Address:
1906 Pelham Avenue
Type:
Residential Income
Neighborhood:
c05westwoodcenturycity
City:
Los Angeles
Listed Date:
Jan 13, 2025
State:
CA
ZIP:
90025
Lot Size:
14,195 sqft / 0.33 acres (approx)
Year Built:
1964
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Tandem Garage, Covered
Parking Spots
12.00
Stories Total
2
Financial
Map
Community
- Address1906 Pelham Avenue Los Angeles CA
- AreaC05 – Westwood – Century City
- CityLos Angeles
- CountyLos Angeles
- Zip Code90025
Similar Listings Nearby
- 8225 Fountain Avenue
West Hollywood, CA$6,800,000
4.68 miles away
- 301 Ashland Avenue
Santa Monica, CA$6,695,000
4.44 miles away
- 11927 Gorham Avenue
Los Angeles, CA$6,600,000
2.27 miles away
- 2711 Pico Boulevard
Santa Monica, CA$6,550,000
2.54 miles away
- 626 N Flores Street
West Hollywood, CA$6,500,000
4.07 miles away
- 9033 VISTA GRANDE Street
West Hollywood, CA$5,995,000
3.45 miles away
- 8730 Holloway Drive
West Hollywood, CA$5,750,000
3.91 miles away
- 356 N Orange Grove Avenue
Los Angeles, CA$5,750,000
4.42 miles away
- 5112 W Jefferson Boulevard
Los Angeles, CA$5,650,000
4.56 miles away
- 2700 Abbot Kinney Boulevard
Venice, CA$5,650,000
4.50 miles away

1906 Pelham Avenue
Los Angeles, CA
LIGHTBOX-IMAGES