4462 W 59th Street, Los Angeles, CA 90043 (MLS # 26769251)

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PRICE $1,725,000 dsIDX morgage calculator
BEDS 10
BATHS 8
HOME SIZE 6,642 sqft
LOT SIZE 7,184 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 4/21/2026
YEAR BUILT 1949 COMMUNITY PHHT - Park Hills Heights
GARAGE SPACES 6.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Microwave, Refrigerator
AREA PHHT - Park Hills Heights
GARAGE Yes
HEAT Wall Furnace
LOT 7183 sq ft
LOT DIMENSIONS 7182
PARKING Garage
POOL DESCRIPTION None
STORIES 2
MORTGAGE CALCULATOR
   

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Listed with BRC Advisors- BH

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