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Listed price in listed location currency (USD).
$1,725,000

1088

MLS® 26769251

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6642 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $259
MLS® Number 26769251

Property Address: 4462 W 59th Street, Los Angeles, CA, 90043

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present the exclusive offering of 4462 W 59th St, a well-maintained 8-unit apartment building located in the desirable Windsor Hills neighborhood of Los Angeles. This investment presents an excellent opportunity to acquire a partially renovated asset in a strong rental submarket with rental upside. The property consists of 8 units, with 5 units already renovated by current ownership, offering a clear path for a new investor to continue the renovation program and unlock additional value. The property is well-maintained with major building systems in good condition, minimizing near-term capital expenditure risk. Amenities include a common area laundry room, 6 garage parking spaces, and 2 additional open parking spaces. The asset is currently offered at a 6.03% cap rate and 10.05 GRM, with strong upside to an 8.26% cap rate and 8.08 GRM upon stabilization. This provides investors with both in-place cash flow and a value-add component through continued unit renovations. Located in Windsor Hills (County of LA Rent Control), the property benefits from proximity to a wide range of retail, dining, and lifestyle amenities, as well as convenient access to LAX and major employment hubs across the Westside and greater Los Angeles.
MLS® Number26769251
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1949
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,725,000List Price
  • Commute

Commute

Starting Address
Destination Address
4462 W 59Th St, Los Angeles, CA

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