$1,725,000

4462 W 59th Street, Los Angeles, CA 90043

  • 6,642 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon7,183sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 29 days ago

Property 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.

Listing Status:
Pending
Date Added:
April 21, 2026
Data Last Updated:
May 20, 2026 at 7:08PM
Listing Office:
BRC Advisors- BH :
Listing Agent:
John Katnik : 310-956-2291
MLS ID:
CL26769251
  • Laundry: Common Area
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Other
  • County: Los Angeles
  • Zoning: LCR3YY4019010001

This listing courtesy of John Katnik , BRC Advisors- BH

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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