1959 Grace Avenue, Los Angeles, CA 90068

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1959 Grace Avenue,Los Angeles, CA 90068
$8,500,000
  • 37 Beds
  • 43 Baths
  • 23,776 sq. ft.
  • Multi-family
  • Active
Listed by: jordan asheghian, tony azzi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26891689
Source:CRMLS

Price summary

  • Price:$8,500,000
  • Price per sq. ft.:$357.5

About this home

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.

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Home facts

  • Year built:1962
  • Listing ID #:26891689
  • Added:19 day(s) ago
  • Updated:September 16, 2026 at 10:57 AM

Rooms and interior

  • Bedrooms:37
  • Total bathrooms:43
  • Kitchen Description:Microwave, Refrigerator
  • Living area:23,776 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units

Structure and exterior

  • Year built:1962
  • Building area:23,776 sq. ft.
  • Lot area:0.55 Acres

Finances and disclosures

  • Price:$8,500,000
  • Price per sq. ft.:$357.5

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:41
  • Parking description:Gated
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