$5,000,000
SOLD MAR 31, 2025

1906 Pelham Ave Los Angeles, CA 90025

West Los Angeles Neighborhood
24 Beds
20 Baths
13,448 Sq Ft
0.33 Acres

Recently Sold

$372 Per Sq Ft

5% Below List Price

10 Days on Market

Highlights

  • 0.33 Acre Lot
  • Tandem Parking
  • Central Heating and Cooling System
  • 12 Car Attached Garage
  • Laundry Room
  • Ceiling Fan

About This Home

As of March 2025

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.

Last Agent to Sell the Property

Dave Miller

Miller & Desatnik Realty Co. License #02105346 Listed on: 01/17/2025

Co-Listed By

Errol Spiro

Miller & Desatnik Realty Co. License #00893163

Last Buyer's Agent

Arian Zerehi

Commercial Brokers Int'l. Inc. License #01987372

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.33 Acre Lot

Interior Spaces

  • 13,448 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 12 Car Attached Garage
  • Tandem Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4321-008-136

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 13448
  • Lot Acreage: 0.3259
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Laundry: Laundry Area, Outside
  • Total Bathrooms: 20.00
  • Price Per S Q F T: 390.39

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 12
  • Parking Garage: Attached, Tandem, Covered Parking
  • Total Parking: 12

Utilities

  • Cooling: Ceiling Fan, Wall Unit(s), Central
  • Heating: Central, Wall Gas

Lot Info

  • Assessed Improvement Percent: 35.66
  • Assessed Improvement Value: 1613525
  • Assessed Land Percent: 64.34
  • Assessed Land Value: 2910681
  • Total Assessed Value: 4524206
  • Assessor Parcel Number: 4321-008-136
  • Lot Size Area: 14195

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.51
  • Number Of Units: 12
  • Total Annual Expense: 148000
  • Type Of Units: Apartments
  • Vacancy Rate: 1

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $3,600 +50.0% $5 / Sq Ft
04/02/2025 04/02/25 For Rent $2,400 0.0% --
03/31/2025 03/31/25 Sold $5,000,000 0.0% $372 / Sq Ft
03/18/2025 03/18/25 Off Market $2,400 -- --
01/23/2025 01/23/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $5,250,000 0.0% $390 / Sq Ft
08/14/2024 08/14/24 Price Changed $2,400 -4.0% $3 / Sq Ft
07/15/2024 07/15/24 Price Changed $2,500 -30.6% $3 / Sq Ft
07/12/2024 07/12/24 For Rent $3,600 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Miller

    Seller's Agent in 2025

    Dave Miller

    Miller & Desatnik Realty Co.

    (310) 939-9300

    1 in this area

    24 Total Sales

    Dave Miller
    Section Image
  • Errol Spiro

    Seller Co-Listing Agent in 2025

    Errol Spiro

    Miller & Desatnik Realty Co.

    (310) 202-9166

    1 in this area

    26 Total Sales

    Errol Spiro
    Section Image

  • A

    Buyer's Agent in 2025

    Arian Zerehi

    Commercial Brokers Int'l. Inc.

    (562) 888-2752

    3 in this area

    4 Total Sales

    Arian Zerehi
    Section Image

  • D

    Buyer Co-Listing Agent in 2025

    David Shabbouei

    Younglewin Advisors, Inc.

    (562) 318-0215

    1 in this area

    1 Total Sale

    David Shabbouei
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25-484851

The MLS

California Los Angeles County Los Angeles 90025 West Los Angeles

1906 Pelham Ave, Los Angeles, CA

This home is located at 1906 Pelham Ave, Los Angeles, CA 90025 and is currently priced at $5,000,000, approximately $371 per square foot. This property was built in 1964. 1906 Pelham Ave is a home located in Los Angeles County with nearby schools including Daniel Webster Middle School, Westwood Charter School, and Ralph Waldo Emerson Community Charter Middle School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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