1959 Grace Avenue, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1959 Grace Avenue

Los Angeles, CA 90068
37 Beds
43 Baths
23,776 Sq Ft
Built 1962
$8,500,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1962
Living area
23,776 sq ft
Lot size
24,150 sq ft
Parking
41 spaces
Stories
4
Days on market
17
MLS status
Active
Zoning
LARD1.5

Features & Amenities

Interior

  • Ceiling Fans

Appliances

  • Microwave
  • Refrigerator
  • Dryer
  • Washer

Parking

  • Gated

Community, Schools & Utilities

Utilities

Cooling
WallWindowUnits
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Location & Neighborhood

1959 Grace Avenue

Los Angeles, CA 90068

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Frequently Asked Questions About 1959 Grace Avenue

Property type: Residential Income

The current asking price is $8,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1959 Grace Avenue. Our team will confirm availability and timing.
This 37 bedrooms and 43 bathrooms property offers approximately 23,776 square feet of living space. It was built in 1962. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 17 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Jordan Asheghian
MLS ID: CLW-C143351

Available property

$8,500,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.