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1959 Grace Avenue

Los Angeles, CA 90068
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Bed 37

Bed

Bath 43

Bath

SqFt23,776

Sqft

SqFt24,150

Sqft(Lot)

First time on the market in over 38 years! 1959 Grace Ave is a rare classic Mid-Century Model-style property located in the desirable Whitley Heights area, offering views of the Hollywood Sign and city views from select units. The property features an excellent mix of studio, 1- and 2-bedroom units averaging approximately 679 SF, with over 23% rental upside. Amenities include on-site parking, swimming pool, laundry facility, camera security system, controlled entry access, and 41 parking spaces providing over a 1:1 parking-to-unit ratio. Pool pumps have recently been fixed/replaced, and select units offer private balcony/patio space. Situated on a large 24,143 SF corner lot zoned LARD1.5 and within the Whitley Heights HPOZ boundary. Buyer to verify all information.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $8,500,000

AD Id : 90492299

MLS Id : 26891689

Beds : 37

Lot Size : 24,150 Sqft

Living Area Size : 23,776

Year Built : 1962

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 37

    Bathroom Information

    Total Baths: 43
  • Interior Features

    CeilingFans
    Appliances: Microwave, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1962
    Building Area Total: 23776
    Private Pool: No

  • Lot Information

    Main Square Feet: 24150 Lot Size Acres: 0.5544 Lot Size Source: Assessor Lot Size Square Feet: 24,150

  • Listing Price Information

    Listing Price: $8500000

  • Tax Information

    Parcel Number: 5575005026

  • Location Information

    Direction: From Hollywood Blvd, head north on N Grace Ave toward Franklin Ave. Property is on Grace Ave in the Whitley Heights/Hollywood Hills area.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2177 Fern Dell Place, Los Angeles, CA, 90068 $4,850,000 4 5 4,064 12,868 Sqft
2126 E Live Oak Drive, Los Angeles, CA, 90068 $4,995,000 5 7 4,605 12,004 Sqft
2165 Ponet Drive, Los Angeles, CA, 90068 $3,800,000 3 3 2,749 10,038 Sqft
5631 Park Oak Place, Los Angeles, CA, 90068 $2,161,000 3 3 2,283 12,825 Sqft
3132 Hollyridge Drive, Los Angeles, CA, 90068 $3,950,000 3 5 2,438 9,974 Sqft
3072 Hollyridge Drive, Los Angeles, CA, 90068 $3,699,000 4 6 3,708 6,582 Sqft
5730 Cazaux Drive, Los Angeles, CA, 90068 $1,549,000 2 2 1,602 4,385 Sqft
5649 Valley Oak Drive, Los Angeles, CA, 90068 $2,699,000 3 4 2,661 9,511 Sqft
2549 Canyon Oak Drive, Los Angeles, CA, 90068 $3,995,000 4 4 3,882 12,959 Sqft
5675 Spreading Oak Dr, Los Angeles, CA, 90068 $2,235,000 3 3 1,999 5,155 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 22:06

MLS: 26891689 LISTED BY: Jordan Asheghian, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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