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1959 Grace Avenue — photo 1
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Bedrooms

37

Bathrooms

43

Square Feet

23,776

Status

Active

Los Angeles

1959 Grace Avenue

About This Property

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.

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Lyon Stahl Investment Real Estate, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$8,500,000

Est. Monthly Payment

$54,314/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Jordan Asheghian

Lyon Stahl Investment Real Estate, Inc.