4462 W 59th Street, Los Angeles, CA 90043
Local realty services provided by:ERA Donahoe Realty
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. 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....
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Home facts
- Year built:1949
- Listing ID #:26769251
- Added:11 day(s) ago
- Updated:May 03, 2026 at 10:30 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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