1959 GRACE AVE

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Address: 1959 Grace Ave, Los Angeles, CA 90068, USA
California & West + Apartment Buildings
Created date: August 28, 2026
Date last updated: August 28, 2026
Price: $8,500,000Investment Analyzer NEW!

-First Time on the Market in Over 38 Years
-35-Unit Whitley Heights Apartment Community
-Approximately 23% Rental Upside Potential
-Hollywood Sign & City Views
-5.94% Current Cap Rate | $242,857 Per Unit

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Broker Details

Tony Azzi
Tony Azzi

Marcus & Millichap (310) 909-5454

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Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $8,500,000
No. of Units: 35
Cap Rate: 5.94%
GRM /GIM: 10.37
Opportunity Zone: No
Price per unit: $242,857
Address: 1959 Grace Ave, Los Angeles, CA 90068, USA

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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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