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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Gabriel Colombo

Gabriel Colombo

+1(213) 259-6619
$8,500,000
Est. payment /mo
37 Beds
43 Baths
23,776 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,776 sqft

Price per Sqft $357

MLS Listing ID 26891689

Bedrooms 37

Year Built 1962

Lot Size 0.554 Acres

Acres 0.5544

Property Sub-Type Multi-Family

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 Sunset Strip - Hollywood Hills West

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall Electric

Cooling Ceiling Fan, Wall/Window

Equipment Ceiling Fan, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer, Microwave

Exterior

Parking Features Gated

Garage Spaces 41.0

Building

Story 4

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
Gabriel Colombo

Gabriel Colombo

Agent License ID: 02266753

+1(213) 259-6619

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1959 Grace Ave