1942 Pelham Avenue, West Los Angeles, CA 90025
1242-1246 Wellesley Avenue, West Los Angeles, CA 90025

Offering Overview

Pelham Building
Price: $6,135,000
Price/SF: $447
Cap Rate: 2.52%
NOI: $154,661
Bldg: +/-13,719 SF
Lot: +/-13,506 SF
Occupancy: 94%
Wellesley Building
Price: $7,250,000
Price/SF: $482
Cap Rate: 3.40%
NOI: $246,197
Bldg: +/-15,048 SF
Lot: +/-14,002 SF
Occupancy: 94%

Listed by

Matthew Dobson

Managing Director

Broker Officer

mdobson@arcainc.us

323.515.8302

License No. 01768556

Deal Vault

 

THIS PORTFOLIO OFFERING IS A TRUST SALE. NO COOPERATING BROKERAGE FEE IS OFFERED.
BUILDINGS WILL BE SOLD IN THEIR AS-IS CONDITION. CAN BE SOLD SEPARATELY OR AS A PORTFOLIO

INVESTMENT HIGHLIGHTS

  • First time on the market in almost 50 years
  • Each property will be delivered with 1 vacant unit
  • Centrally located just minutes to Beverly Hills, Century City, Westwood, and Brentwood
  • Close to Freeways: Interstate 405 and Interstate 10
  • Onsite parking
  • Separately metered
  • Pelham building has a swimming pool