4462 W 59th Street, Los Angeles, CA 90043

  • $1,725,000
4462 W 59th Street
ResidentialIncome Active
4462 W 59th Street, Los Angeles, CA 90043
4462 W 59th Street
  • $1,725,000

Overview

Property ID: HZ26769251
  • 10
  • Bedrooms
  • 8
  • Bathrooms
  • 6642
  • Sq Ft
  • 6
  • Garages
  • 1949
  • Year Built

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.

  • Address 59th
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90043

Details

Updated on April 29, 2026 at 10:06 am
  • Property ID: HZ26769251
  • Price: $1,725,000
  • Property Size: 6642 Sq Ft
  • Bedrooms: 10
  • Bathrooms: 8
  • Garages: 6
  • Year Built: 1949
  • Property Status: ResidentialIncome
  • Listed by: John Katnik
  • DRE #: 02002695
  • Contact Mail: john@brcadvisors.com
  • Brokered by: BRC Advisors- BH

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