Christina Real Estate Investors 2, LLC (“Christina 2”) has acquired a multi-family project located at 1942 Pelham Avenue in Century City, known as The Pelham.
Pelham is a large land parcel improved with a multi-story building, swimming pool and on-site parking. It is walking distance to the newly expanded and renovated Westfield Century City Mall.
Lawrence N. Taylor, president of Christina Development Corporation said, “This is the first time the property has traded in many decades. The location is excellent and there is tremendous upside potential, including future redevelopment.”
Christina is a real estate investment company founded in 1977 and headquartered in Malibu.