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1906 Pelham Avenue, Los Angeles, CA 90025

Property

1906 Pelham Avenue, Los Angeles, CA 90025 Sold March 2025 CRMLS
$5,000,000Sold March 2025

Listing Agent: David Miller (DRE #02105346) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Arian Zerehi · Commercial Brokers Int'l. Inc. · MLS #25484851 · Source: CRMLS

24
Bedrooms
20
Bathrooms
13,448
Sq Ft
14,195 sqft
Lot Size
1964
Year Built
Property
Type
2
Stories
CentralAir
Cooling
Central
Heating

About this property

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.

Listing description from the March 2025 sale, as reported to CRMLS.

Sale history

$5,000,000
Sold March 2025 · listed $5,250,000, on market January 2025 · MLS #25484851 · Source: CRMLS
Listing Agent: David Miller · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Arian Zerehi · Commercial Brokers Int'l. Inc.
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