Property Detail

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 theneighboring building is 5 units. Both properties are two stories and have tandem tuck under parking. The mandatory seismic retrofitting work for the parking structures has been completed on both buildings. The Pelham Ave residences have an excellent unit consisting of (3) 3 BR (6) 2 BR and (3) 1 BR units. The currents rents are below market, creating a quintessential value-add opportunity and 1 vacant unit! Incredible opportunity to purchase a trophy multi-family asset on a large corner lot in West LA.