1959 Grace Avenue, Los Angeles, CA 90068
- $8,500,000
- 37
- BD
- 43
- BA
- 23,776
- SqFt
- List Price
- $8,500,000
- Status
- ACTIVE
- MLS#
- 26891689
- Year Built
- 1962
- Bedrooms
- 37
- Bathrooms
- 43
- Living Sq. Ft
- 23,776
- Lot Size
- 24,150
- Acres
- 0.55
- Days on Market
- 25
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
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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Additional Information
- Appliances
- Microwave, Refrigerator, Dryer, Washer
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 35
Listing courtesy of Listing Agent: Jordan Asheghian (Jordan.Asheghian@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.