4462 W 59th Street, Los Angeles, CA 90043

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
4462 W 59th Street,Los Angeles, CA 90043
$1,725,000
  • 10 Beds
  • 8 Baths
  • 6,642 sq. ft.
  • Multi-family
  • Active
Listed by: john katnik
Office: brc advisors- bh
MLS#:26769251
Source:CRMLS

Price summary

  • Price:$1,725,000
  • Price per sq. ft.:$259.71

About this home

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....

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Home facts

  • Year built:1949
  • Listing ID #:26769251
  • Added:58 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Kitchen Description:Microwave, Refrigerator
  • Living area:6,642 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1949
  • Building area:6,642 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,725,000
  • Price per sq. ft.:$259.71

Parking

  • Total parking spaces:8
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:6
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