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Listed by: Jordan Asheghian (310) 922-0238 DRE #01886605, Tony Azzi DRE #00910513 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$8,500,000
Monthly Est:$42,308
37 Beds
43 Baths
23,776sqft
1959 Grace Ave, Los Angeles, CA 90068
$8,500,000
$42,308/moEst:
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Multi Family
Built in 1962
$-- HOA
24,150 sqft lot
$358/sq.ft
Description
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 l...
Continue Reading- Houzeo last checked: 10 minutes ago
- Listing updated: August 27, 2026 at 4:42 pm
- Source: California Regional MLS-CA | MLS#: 26891689
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
1962
HOA Fees
-
Finished Area
23,776 sqft
Lot Size
24,150 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26891689
MLS Status
Active
Days on Market
22
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 37
Bathrooms: 43
Interior
Cooling
Wall Window Units
Interior Features
Ceiling Fans
Appliances
Microwave, Refrigerator, Dryer, Washer
Utilities & Energy
Parking Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
08/10/2026 Source: | Listed for Sale | $8,500,000 $358/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 10:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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