1959 Grace AVE, Los Angeles, CA 90068
1959 Grace AVE, Los Angeles, CA 90068
1959 Grace AVE, Los Angeles, CA 90068
1959 Grace AVE, Los Angeles, CA 90068
1959 Grace AVE, Los Angeles, CA 90068
1959 Grace AVE, Los Angeles, CA 90068
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$ 8,500,000
Est. payment | /mo

37 Beds

43 Baths

23,776 SqFt


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$ 8,500,000
Est. payment | /mo
Save

37 Beds

43 Baths

23,776 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 23,776 sqft

Price per Sqft $357

MLS Listing ID 26891689

Bedrooms 37

HOA Y/N No

Year Built 1962

Lot Size 0.554 Acres

Property 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 lot zoned LARD1.5 and within the Whitley Heights HPOZ boundary. Buyer to verify all information.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Gated

Total Parking Spaces 41

Building

Story 4

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5575005026

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jordan Asheghian Lyon Stahl Investment Real Estate, Inc. #01886605

NEARBY SCHOOLS & PROPERTIES

Dusty Mulhearn

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1959 Grace AVE

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