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$8,500,000
18 Days On Site

1959 Grace Avenue
Los Angeles, CA 90068

For Sale|Residential Income|Active
37
Beds
43
Total Baths
23,776
SqFt
$358
/SqFt
1962
Built
County:
Los Angeles
Listed by Jordan Asheghian of Lyon Stahl Investment Real Estate, Inc. Jordan.Asheghian@lyonstahl.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
1959 Grace Avenue1959 Grace Avenue1959 Grace Avenue1959 Grace Avenue
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Monthly Payment (Est.)

$38,780
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First time on the market in over 38 years! 1959 Grace Ave is a rare classic Mid-Century Model-style property located in the desirable Whitley Heights area, offering views of the Hollywood Sign and city views from select units. The property features an excellent mix of studio, 1- and 2-bedroom units averaging approximately 679 SF, with over 23% rental upside. Amenities include on-site parking, swimming pool, laundry facility, camera security system, controlled entry access, and 41 parking spaces providing over a 1:1 parking-to-unit ratio. Pool pumps have recently been fixed/replaced, and select units offer private balcony/patio space. Situated on a large 24,143 SF corner lot zoned LARD1.5 and within the Whitley Heights HPOZ boundary. Buyer to verify all information.

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Listing Snapshot
Price 
$8,500,000
Days On Site 
18 Days
Bedrooms 
37
Inside Area (SqFt) 
23,776 sqft
Total Baths 
43
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5544 Acres
Year Built 
1962
MLS® Number 
26891689
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.5544
Levels 
Multi/Split
Number Of Stories 
4
Parking 
Gated
Parking Spaces 
41
Special Circumstances 
Standard
SqFt Total 
23776
Zoning 
LARD1.5
Interior Features
Appliances 
MicrowaveRefrigeratorDryerWasher
Cooling 
Wall/Window Unit(s)
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
C03 - Sunset Strip - Hollywood Hills West


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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