4462 W 59th St - Apartments FOR SALE


Los Angeles, CA 90043- Windsor Hills
$1,850,000 USD
424-393-2035
4462 W 59th St, Los Angeles, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/9
null | 5.45% Cap Rate

4462 W 59th St
Los Angeles, CA 90043
Windsor Hills


HIGHLIGHTS

  • Embark on the investment opportunity to purchase a superb 6,642 square foot eight-unit apartment building with immediate cash flow.
  • Close to local dining establishments such as Hilltop Coffee + Kitchen, Jon & Vinny's Slauson, Woody's Bar-B-Q, Storm Burger, and Crustees.
  • Fully leased, offering long-term stability, abundant natural light, covered parking, on-site laundry, and secure access.
  • Within the sought-after Ladera Heights neighborhood, known for being close to LA and adjacent to LAX, and for its peaceful suburban charm.

OVERVIEW

Keller Williams Commercial presents an exclusive off-market investment opportunity in the highly desirable neighborhood of Ladera Heights, Los Angeles. This eight-unit apartment building is fully occupied, offering immediate cash flow with strong rental demand in one of the city’s most sought-after communities. The property features on-site laundry facilities, covered garages, and well-maintained units with consistent tenant occupancy. Nestled at 4462 W 59th Street, the prime location places residents in proximity to trendy shops, popular restaurants, and vibrant cafés. Commuters appreciate the easy connectivity to Interstates 405, 105, 110, and 10, providing convenient routes into Los Angeles, Santa Monica, and South Bay. Additionally, Los Angeles International Airport (LAX) is just 5.5 miles away, ensuring effortless travel for both domestic and international destinations. All these features contribute to the property's strong long-term appeal. With great upward potential through value-add improvements or rental growth, this asset is ideal for investors seeking stability today and upside tomorrow. Don’t miss the chance to own a rare multifamily property in one of Los Angeles’ premier rental markets.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

8

PRICE/UNIT

$231,250

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,192 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4019-010-001

ASK ABOUT THIS PROPERTY

Tholfaqar Al EmaraKW Commercial SoCalMore Info
424-393-2035

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Tholfaqar Al EmaraKW Commercial SoCalMore Info
424-393-2035

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.