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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Los Angeles / 1959 Grace Avenue
1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 1959 Grace Avenue Los Angeles, CA 90068 View All Photos

$8,500,000

| Active

1959 Grace Avenue

Los Angeles, CA 90068

23,776
Square Feet
37
Beds
43
Baths
0.55
Acres
17
Days on Market
26891689
MLS#
Multi-Family
Type
House
Structure
Commercial
Zone
Contact
Listing OfficeLyon Stahl Investment Real Estate, Inc.

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.

Property Details
Interior
Ceiling Fans
Cooling
1
Cooling Features
Wall Window Units
Bedrooms
37
Bathrooms
43
Stories
4
Acres
0.554
Square Feet
23776.0
Lot Size (sqft)
24150.0
Parking Features
Gated
Parking Spaces
41.0
Property Type
Multi-Family
Year Built
1962
Appliances
Microwave, Refrigerator, Dryer, Washer
County
Los Angeles
Region
Los Angeles
Zoning
LARD1.5
Original List Price
$8,500,000
MLS #
26891689
Property Subtype
ResidentialIncome
Parcel Number
5575005026
MLS #
26891689
Date Listed
August 10, 2026
Address
1959 Grace Avenue
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Jordan Asheghian (#CLW-C143351)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#CLW-X82195)

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