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… Read More 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. Read Less
Courtesy of Miller & Desatnik Realty Co. 310-202-9166
Listing Snapshot
Days Online
56
Last Updated
Property Type
Other
Beds
24
Square Ft.
13,448
Lot Size
0.33 Acres
Year Built
1964
MLS Number
25-484851
30 Days Snapshot Of 90025
$1,571k
-17%
(avg) sold price
29
+45%
homes sold
77
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
13,448 sq ft, Built in 1964, Levels: Two
Cooling
Ceiling Fan, Wall Unit(s), Central
Disclosures
None
Garage
Attached, Tandem, Covered Parking
Heating
Central, Wall Gas
Laundry
Laundry Area, Outside
Lot
LotAcreage: 0.3259, LotSizeArea: 14,195
Parking
CoveredParking: 12, TotalParking: 12
Property
NumberOfUnits: 12, Zoning: LAR3
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