1942 Pelham Avenue, a 16-unit apartment community located in Century City. 1942 Pelham has been well maintained by current ownership and has received interior upgrades to select units and a revamped exterior facade. Current rents at the property are approximately 25% below post-renovation market rents allowing a new owner to capture significant rent premiums upon unit turnover. 1942 Pelham Avenue features a unit mix comprised of two (2) studios, six (6) one-bedroom/one-bathroom units, and eight (8) two-bedrooms/one-and-half bathrooms units. The structure sits on a double (R3) lot measuring just over 13,500 square feet. 1942 Pelham includes a two-story walk-up property with parking for every bedroom. 1942 Pelham is generously parked, with a mix of spaces on grade in the front, rear, and a selection of private garage spaces. Additional amenities include a lobby, shared laundry facility with two (2)washers and two (2) dryers, and a courtyard style pool. 1942 Pelham Avenue has a location that is desired by residents as it affords them short commute times to major employments hubs and lifestyle choices that can be accessed by the main thoroughfares located in proximity to their front door. Situated between Olympic Boulevard and Santa Monica Boulevard just east of Westwood Boulevard, residents of 1942 Pelham can work in Century City and visit the Santa Monica beaches all within a 10-minute drive. Other notable submarkets directly adjacent to 1942 Pelham include Westwood, Rancho Park, Brentwood, and West LA a truly dynamic Westside location.
Listing Agent: Brent Sprenkle 01290116 Courtesy of: Berkadia "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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Updated: 29th September, 2022 8:49 PM (UTC)