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$ 1,995,000
Est. payment /mo
Active
1059 S Corning Street Los Angeles, CA 90035
5,457 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,457 sqft
Price per Sqft $365
MLS Listing ID CL26874367
HOA Y/N No
Year Built 1957
Lot Size 6,074 Sqft
Acres 0.1394
Property Sub-Type Other
Property Description
1059 S Corning St, a charming 7-unit apartment building located in the highly desirable Pico-Robertson neighborhood of Los Angeles, California. Builtin 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 cafes and popular restaurants along Pico and Robertson Boulevards, along with quick access to Beverly Center, TheGrove, 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 of4.43%, with the potential to reach a 6.46% CAP rate upon unit turnover.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4332025025
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Kamara • Lyon Stahl Investment Real Estate, Inc.