Multi-Family for sale in Southern California — $1,725,000. 10 beds · 8 baths · 6,642 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…
$1,725,000
4462 W 59th Street, Los Angeles, CA 90043
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.
Listing updated: April 30, 2026 at 8:38 AM
Listed by: John Katnik, BRC Advisors- BH
Source: CRMLS, MLS#: 26769251, Originating MLS: California Regional MLS
Explore parks, streets, and what's around this home.
| Date | Event | Price |
|---|---|---|
4/21/2026 Source: CRMLS, #26769251 | Listed for sale | $1,725,000$260/sqft |
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 2026-04-30 08:38:34 PDT 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