Millman Team Real Estate

$1,725,000
10 Bed
8 Bath
6,642 Sqft
0.16 Acre Lot

4462 W 59th Street, Los Angeles, California 90043

  • Residential Income Property Type
  • 6,642 Sqft Square Footage
  • Garage Cars Garage
  • 1949 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
26769251
$1,725,000
10
8
6,642 Sqft
1949
0.16 Acre
Active Under Contract
1
Features
: None
: Wall Furnace
: None
: Garage
: Common Area
: Double Pane Windows
$0
Appliances
: Microwave, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90043
59th
4462
Street
W119° 38' 45.3''
N33° 59' 13''
South of Slauson and East of La Brea
PHHT - Park Hills Heights
W
LCR3YY
Additional Information
$0
$0
$0
$0
$0
6642
6.0
: Two
8
2026-04-21
2
2
Broker/Agent Information
BRC Advisors- BH
John Katnik
Listing Information
CLW-C133711
CLW-X82405
Active Under Contract
2026-04-30T15:38:34Z
CRMLS
: Standard
2026-04-29T00:00:00Z
Agent info
Ray Millman
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