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.
Property Details
Price:
$1,725,000
MLS #:
26769251
Status:
Active
Beds:
10
Baths:
8
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Apr 21, 2026
Finished Sq Ft:
6,642
Total Sq Ft:
6,642
Lot Size:
7,182 sqft / 0.16 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Appliances
MW, RF
Cooling
NO
Heating
WL
Laundry Features
CM
Levels
U
Exterior
Common Walls
_1CW
Garage Spaces
6
Parking Spots
8
Parking Total
8
Spa Features
NO
Window Features
DPW
Financial
Map
Community
- Address4462 W 59th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 01, 2026
10,004
Single Family Listed
87
Avg DOM
497
Avg $ / SqFt
$1,540,734
Avg List Price
Property Summary
- 4462 W 59th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90043. It is listed for $1,725,000 and features 10 beds, 8 baths, and has approximately 6,642 square feet of living space, and was originally constructed in 1949. The current price per square foot is $260. The average price per square foot for Single Family listings in Los Angeles is $497. The average listing price for Single Family in Los Angeles is $1,540,734.
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