Michael Kamara of Lyon Stahl is pleased to present 1059 S Corning St, a charming 7-unit apartment
building located in the highly desirable Pico-Robertson neighborhood of Los Angeles, California. Built
in 1957, the property consists of (6) one-bedroom + one-bathroom units and (1) two-bedroom + one-
bathroom unit. The building is 5,457 gross square feet and sits on a 6,101 square foot lot.
Nestled in the heart of the Pico-Robertson neighborhood, 1059 S Corning St offers residents a highly
walkable, centrally located Los Angeles lifestyle surrounded by a diverse mix of dining, shopping,
and everyday conveniences. Just minutes from Beverly Hills, Century City, and West Hollywood, the
property provides seamless access to some of LA’s most desirable employment and lifestyle hubs.
With a strong Walk Score, residents enjoy close proximity to neighborhood cafés and popular
restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, The
Grove, and major thoroughfares including Olympic and La Cienega.
1059 S Corning St also presents a compelling value-add investment opportunity, offering both an
exceptional location and notable rental upside. The property currently delivers an initial CAP rate of
4.43%, with the potential to reach a 6.46% CAP rate upon unit turnover.